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Industry
December 12, 2022
Norsk Rikstoto’s Horse Racing Monopoly Extended by 10 Years
Authorities in Norway extended the exclusive rights of Norsk Rikstoto to offer gambling on horses for the next ten years, the operator announced in a press release Friday. Problem Gambling Prevention Is Key The Government justified the decision to extend the license for another decade via the operator’s efforts to ensure the implementation of public […]
Legal
November 21, 2022
Kindred Further Challenges Norwegian Regulator’s Fine Against Trannel
Stockholm-listed gambling operator Kindred Group will keep challenging the fine imposed on its subsidiary Trannel International Ltd by the Norwegian Gaming Authority (Lotteri- og stiftelsestilsynet) for offering services to Norwegian customers. Despite the Changes Trannel Made, the NGA Reinforced the Fine on the Kindred Group In September, the Norwegian Gaming Authority (NGA) slapped Malta-based Kindred […]
Legal
October 10, 2022
Kindred: Lotteritilsynet Should Be More Transparent
Lotteritilsynet, Norway’s gambling regulator, has long been trying to stop Trannel, a Kindred Group subsidiary, from illegally operating in the country. The situation recently came one step closer to its resolution as Trannel gave in and promised to comply with the authority’s conditions. Trannel to Stop Actively Targeting People in the Country Last month, the […]
Industry
October 7, 2022
Norwegian Lottery Authority Placed Trannel’s Fine on Hold
Trannel’s Norwegian saga took an unexpected turn today after the country’s gambling regulator, the Norwegian Lottery Authority, announced a suspension of the daily fine of NOK 1.2 million ($112,265). Temporary Suspension of Compulsory Fine In a statement on its website, Lottstifts announced that the hefty daily fine that had been imposed on Kindred Group’s subsidiary […]
Lottery
September 26, 2022
Kindred Group to Appeal Hefty Fine by Norwegian Lottery Authority
Stockholm-listed gambling operator Kindred Group is going to appeal the decision by Lotteritilsynet (the Norwegian Lottery Authority) to fine its Malta-based subsidiary Trannel with NOK 1.198 million ($117,164) per day starting on October 5. Kindred Group Continues Operations, as Usual, Awaiting the Court Decision Kindred Group CEO Henrik Tjärnström has announced that his company is […]
Legal
September 16, 2022
Kindred’s Trannel Fined NOK1.2m per Day by Norwegian Regulator
A subsidiary of Kindred Group was issued with a hefty fine for operating without a license in Norway and refusing to stop operations, the Norwegian Lotteries Authorities confirmed Thursday. Illegal Operations to Cost Annual Income Trannel, the Malta-licensed subsidiary of Stockholm-listed Kindred Group and operator of the group’s flagship Unibet brand, which is the main […]
Legal
September 16, 2022
Norway to Fine Trannel for Repeated Refusal to Leave
At the beginning of 2022, Lotteritilsynet, Norway’s gambling regulator, warned Kindred Group that it risks fines if it continues its unlicensed operations in the country. The authority is now preparing to penalize the operator as the latter refuses to have its subsidiary quit the Norwegian market. Lotteritilsynet Warns Trannel for the Last Time Trannel International […]
Industry
September 1, 2022
Norsk Tipping Reduces Ads Following Triumph over the Black Market
Norway’s national lottery operator, Norsk Tipping, announced it will no longer promote its sports betting services on TV. This decision comes soon after the country’s major broadcasters vowed to stop promoting unlicensed operators. Norsk Tipping to Reduce Ads Earlier this year, the Norwegian Media Authority, the country’s media regulator, found out that the five biggest […]
Industry
August 19, 2022
Norsk Tipping to Reduce Visibility of Aggressive Games
Norsk Tipping, Norway’s state-owned gambling operator, will change its TV marketing strategy. The company announced that it will take high-risk people in mind and adjust its advertisement accordingly. Norsk Tipping Vows to Do Better Norsk Tipping plans to reduce adverts that promote some of its more aggressive games. This includes both TV ads and marketing […]
Casino
July 15, 2022
Norwegian Gambling Authority Praises Media Authority for Continuing Gambling Ads Ban
The gambling authority in Norway has congratulated the media authority for holding on to its firm decision to keep banning gambling advertising on TV. The decision was not received well by media broadcasters. Among them, Altibox and Telia, two companies that required the regulations to go through a process of revision for allegedly contradicting European […]