Close Bottom Menu CLOSE

Why join our Telegram

Telegram
  • list icon EXCLUSIVE Betting Bonuses
  • list icon 24/7 Pre-Match & Live Predictions
  • list icon New Unrestricted Bookmakers
  • list icon €1,000 In Monthly Giveaways
Join Our Community
Telegram

Norway discusses new Gambling Act

17 May 2022

Norway discusses new Gambling ActThe Ministry of Culture and Gender Equality in Norway has begun consultations to introduce a new Gambling Act to replace the Lottery Act, the Totalizator Act, and the previous Gambling Act. Stakeholders can comment or recommend amendments to the draft legislation until August 5.

What Does the New Bill Include?

The new bill will integrate parts of all the existing acts in one piece and put forward some new rules, especially in terms of iGaming. The most important one is an ''infringement fee'', which will target offshore and unlicensed bookmakers accepting Norwegian bettors. The fee could go up to 10% of the turnover and will be paid before any winnings are handed out, with Lotteri-og Stiftelsestilsynet (the local regulator) overseeing the process.

Currently, there is a gambling monopoly in the country, and only Norsk Tipping & Norsk Rikstoto are licensed to accept local players. The model of only state-owned bookmakers has been criticised by the Norwegian Industry Association for Online Gaming, which also has reservations about the new Act.

The amount of the fine is not decided yet. It will depend on factors like the “gravity and duration” of the infringement, the financial situation of the offender, and any previous violations. If the new Act is approved, it will come into force on January 1, 2023.

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.

BOOK SPY
UFC 309 Odds & Preview: Jones vs Miocic Featured Image

One of the biggest UFC events of the year takes place on Saturday, November 16 at the iconic Madison Square Garden in New York City. UFC 309, starting...

Read more »

Next Manchester United Manager Odds After Ten Hag’s Dismissal Featured Image

Erik Ten Hag was fired after the loss to West Ham during the weekend. Manchester United was already struggling this season, being 14th in the Premier ...

Read more »

Megapari Nominated For The 2024 SBC Awards Featured Image

Megapari is up for two awards in the following SBC Awards: ‘Sportsbook Operator of the Year’ and ‘Casino Operator of the Year’...

Read more »

BC.Game Is The Official Sponsor Of Leicester City For 2024/25 Featured Image

The popular online crypto bookmaker BC.Game has announced that it has become the official partner of Leicester City. The partnership will go on for th...

Read more »

The Effect Of Euro 2024 On Sports Betting Service Providers Featured Image

It is no secret that huge international competitions like Euro 2024 substantially impact all sports betting providers. Besides the day-to-day operatio...

Read more »

How Mbappe’s Injury Affects All Euro 2024 Bets Featured Image

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

Read more »

Bookmakers With A Dedicated Euro 2024 Section Featured Image

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Read more »

How Injuries Affect Euro 2024 Odds Featured Image

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

Read more »

Lucas Paqueta Charged For Betting Breaches Featured Image

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

Read more »

Tyson Fury vs Oleksandr Usyk Odds Featured Image

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner