Norwegian Culture Minister Thorhild Widvey is seeking to liberalize Norway’s online gambling laws.
Norway’s ambition to legalize online gambling has moved one action closer: the country’s customs Committee has requested an effect evaluation on dramatic regulation proposals that may completely open the market up. The committee will closely examine the experiences of other nations, such as for instance Sweden, Denmark therefore the UK, before drafting its own legislation that the government hopes to implement next year.
Norway currently has some of the tightest gambling controls in European countries. Online gambling is basically unlawful in the united states, with just two companies that are state-owned to provide restricted games of opportunity to its citizens, Norsk Tipping and Norsk Rikstoto. Norsk Tipping provides games like lotteries, keno and some sports betting, and falls under the jurisdiction for the Ministry of Culture and Church affairs, which ensures that players are only permitted to place bets at certain times of the day and imposes restrictions regarding the amount players are allowed to bet. Norsk Riksoto, meanwhile, provides parimutuel gambling exclusively for horseracing.
Nothing to Bank On
In 2010, the federal government passed a law that banned banks that are norwegian processing all kinds of gambling transactions, online and live, not simply within Norway, but all over the planet, basically barring Norwegia (mehr …)