NBO urges Norwegian authorities to end gambling monopoly

21 May 2020

norway-gamblingNorsk Bransjeforening for Onlinespill (NBO), simply known as the Norwegian Industry Association for Online Gaming, has requested the national authorities to put an end to the current gambling monopoly, following the results of a new survey that indicates a rise in gambling addiction.

The country’s gambling regulator, the Norwegian Gaming and Foundation Authority (Lotteri-og Stiftelsestilsynet), asked the University of Bergen to conduct the aforementioned survey. It includes responses from 9,000 people across Norway between the age of 16 and 74. According to its final results 55,000 people suffer from gambling problems and a further 122,000 are at risk of developing such problems.

Carl Fredrik Stenstrøm, the general secretary of NBO, stated that the Association is concerned regarding the results of the survey and stressed the importance of ending the gambling monopoly which is currently in place in Norway; as this would be the most effective way of protecting all the vulnerable players.

He also said that they already warned the authorities that the exclusive rights model is outdated, since online gamblers do not take into consideration the national boundaries. As a matter of fact, about half of those gamblers use international gambling sites. Therefore, the authorities should regulate the entire market in order to ban all the rogue gambling sites.

Norsk Tipping currently holds the gambling and betting monopoly in the country; however Stenstrøm stated that by allowing more operators to enter the market, would reduce the flow of players on illegal sites. Furthermore, according to him, licensing more Norwegian bookmakers, would mean that the new licensees would be required to abide by strict regulations in terms of responsible gambling. This of course would help lower problem gambling levels.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

The Swedish gambling regulator, Spelinspektionen, has submitted new regulatory changes for football betting to the National Board of Trade, aiming at ...

Read more »

The Ukrainian government has recently shut down the domains of 59 international online gambling operators, despite the fact that the country’s efforts...

Read more »

Denmark’s gambling regulator, Spillemyndigheden, has blocked access to 16 websites that were offering their gambling services without a license. The r...

Read more »

The European Gaming & Betting Association (EGBA) has released the first pan-European Code of Conduct for responsible advertising of online gamblin...

Read more »

The Malta Gaming Authority (MGA) has signed a data-sharing agreement with the International Cricket Council (ICC) in order to combat match-fixing in a...

Read more »

888 Holdings PLC has announced a 6% year-on-year increase in revenue to a record high of $560.3m for 2019. According to its financial results for the ...

Read more »

In January the United Kingdom Gambling Commission announced that all players residing in Britain will be banned from using credit cards for gambling. ...

Read more »

The United Kingdom Gambling Commission (UKGC) has announced the suspension of the licenses of two online operators with immediate effect, as they fail...

Read more »

The sports betting technology provider SBTech has been targeted by hackers and that led to the disruption of access to several bookmakers that use its...

Read more »

The Danish state-owned gambling operator Danske Spil has announced a record net profit for 2019 and at the same time the local gambling regulator, Spi...

Read more »