Industry
January 16, 2023
Banks in Norway Support Fight against Illegal Gambling
Lottstift, the Norwegian Gambling Authority, revealed that financial institutions such as banks can play a pivotal role in preventing gambling debt. Eight Out of Ten Banks Notify Customers If They Use Unlicensed Gambling Operators The Authority uncovered the results of a new study, which showed that the financial institutions are being proactive and have joined […]
Casino
December 22, 2022
Paf and Color Line Sign New Contract to Continue Partnership
Online gambling firm operating out of Finland, Paf, announced it has renewed its arrangement with Norwegian cruise and ferry operator Color Line to continue providing onboard gaming equipment. Gambling Equipment on Board The new long-term contract between Paf and Color Line will ensure Paf continues to supply the gaming equipment on board all five passenger […]
Industry
December 19, 2022
Nordic Affiliates Joins Norsk Bransjeforening for Onlinespill
Nordic Affiliates, a team of serious iGaming affiliate marketers, has become a member of the Norwegian Online Gambling Trade Organization (Norsk Bransjeforening for Onlinespill/NBO). In fact, the former party is the first affiliate to join the latter organization’s ranks. The NBO Seeks to Usher in an Era of Modern iGaming As reported by iGB, Nordic […]
Industry
December 17, 2022
Norwegian Lottery Authority Suspended Trannel Fines Again
Trannel’s fines in Norway are under a temporary suspension again after the Norwegian Lottery Authority granted the operator’s request for time to withdraw from the country. Temporary Hold Again Kindred Group’s Trannel was informed last week by the Norwegian gambling regulator that its request for postponement of the compulsory fine implementation was granted, giving the […]
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 […]
