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He also said that they already warned the authorities that the exclusive rights model is outdated, since online gamblers do not take into consideration the national boundaries.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.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

UFC 298 Odds & Preview: Volkanovski vs Topuria Featured Image

One of the biggest UFC events of the year takes place on Saturday, February 17 at the Honda Center in Anaheim, California. UFC 298, starting at 23.00 ...

Read more »

Drake Loses $700k In UFC Fight Betslip Featured Image

Canadian rapper Drake’s curse continued as he lost $700k after placing a bet on UFC’s 297 main event fight of Sean Strickland vs Dricus Du Pless...

Read more »

Next Liverpool Manager Odds: Who Will Succeed Jurgen Klopp? Featured Image

Jurgen Klopp’s announcement that he will leave Liverpool at the end of the season shocked the football world. The German will depart from Anfiel...

Read more »

Top 100 Bookmakers for 2024 Featured Image

Every day we get bombarded by dozens, if not hundreds of extravagant remarks by various online sportsbooks claiming to be the best when it comes to od...

Read more »

Betby’s Esports Solution Secures Approval From MGA Featured Image

Betby has received regulatory approval from the Malta Gaming Authority (MGA) to offer its esports odds feed portfolio independently. The MGA granted a...

Read more »

Premier League Clubs Get Closer To Bookmaker Sponsorship Ban Featured Image

The front of the shirts of Premier League clubs will no longer feature logos from bookmakers once an agreement is reached. The deal would prohibit fro...

Read more »

Betano Lands Giannis Antetokounmpo As Global Brand Ambassador Featured Image

NBA star Giannis Antetokounmpo has signed a contract with Betano, making him their first-ever global brand ambassador. The Milwaukee Bucks superstar, ...

Read more »

Bet365 Continue Their Weekly 6 Scores Challenge Game Featured Image

Sports betting industry leader Bet365 has partnered with Incentive Games, a renowned free-to-play provider, to continue their highly popular weekly 6 ...

Read more »

22bet Awarded EPL Jerseys To Five Lucky Bettors Featured Image

Five of 22bet’s Kenyan users have received English Premier League jerseys after successfully predicting the correct score of Manchester United v...

Read more »

Betting Preview And Odds For Formula 1 2023 Season Featured Image

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who h...

Read more »

bookmaker banner
bookmaker banner