Norway’s government has introduced a new gambling law that will place tighter restrictions on international online casinos, betting and gambling operators that offer unlicensed services in Norway.
The new law was proposed by the Ministry of Culture and Gender Equality with Minister Abid Raja stating that the new bill will merge the country’s outdated and fractured gambling regulatory framework. According to Minister Raja the new legislation aims to replace Norway’s three existing laws and and regulate all gambling activity within the country.
Norway Introduces New Law Placing Tighter Restrictions on International Gambling Companies, the 1992 Gambling Act, and the 1927 Totalisator Act. The new legislation will combine the most relevant sections of each act into one regulatory framework. Norway Introduces New Law Placing Tighter Restrictions on International Gambling CompaniesSpeaking of the new legislation, Raja said:
Norway Introduces New Law Placing Tighter Restrictions on International Gambling Companies Norway Introduces New Law Placing Tighter Restrictions on International Gambling CompaniesHe went on to add:
“Things are happening in the gambling field in Norway. The government has worked consciously for many years with gambling policy and this is yielding results.
Norway Introduces New Law Placing Tighter Restrictions on International Gambling Companies
Maarten Haijer, EGBA Secretary General, has previously spoken of the need for gambling reform in Norway stating that up to 66% of the country’s online gambling activity takes place on international unlicensed websites, costing the country around NOK 2B each year.
The new laws will allow the government to protect the state-owned monopolies of Norsk Riksoto and Norsk Tipping who run the country’s gambling industry.
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