There is a common perception that Scandinavians are cold and quiet, however, this is only a stereotype. Scandinavians are active gamblers. Scandinavian mythology often describes scenes of the ancient Vikings playing dice, and one legend tells a remarkable story about the island of Hassinger coming under Norwegian rule. This article will focus on Norwegian casinos online and their features.
How Norway’s online casino legislation has changed
Gaming in Norway is regulated by three legislative acts: the Gaming Scheme Act, the Lottery Act, and the Totalizator Act. There are only two licensed websites in Norway legally allowed to offer gambling as of 1990s:
Norway’s online casino gaming situation
Kong Casinos was the first Norway casino. It was opened in 2014 by Norsk Tipping and is incentived by the authorities to stop people from going to illegal casinos. The site has no tax on winnings and offers 157 gambling activities, including sports betting. The rules for gambling differ from counterparts abroad, as there are restrictions on opening hours.
Norway has limitations on how much you can spend
Norway’s Online Gaming Situation
What you need to know about Norway’s online casino gaming situation
There are many casinos that are universally-accessible, even for players from Norway. These casinos offer attractive terms and conditions and welcome Norwegians with a Norwegian interface and take Norwegian kroner as currency. You can review these casinos to see if they’re trustworthy by consulting expert reviews.
As the lifespan of the internet continues to lengthen, companies want to create a long-term relationship with customers by fulfilling their needs and desires. For international companies, Norway represents an under pursued market. That is why gamblers are encouraged to enjoy all the perks that come with being a beginner. This ensures people can get the most enjoyment out of the game.
Norway and Cyprus work to combat the rise of gambling addiction.
In 2019, the operators of European companies established the Norwegian Industry Association for Online Gambling. The membership was comprised of Betsson, ComeOnband, Cherry AB, Gaming Innovation Group, and Kindred Group. Carl Fredrik Stenström, who had previously worked as a commercial director at Rikstoto (a government-owned Nordic betting company) headed the NBO. Rolf Sims, who was also an ex-member of the Ministry of Culture in Norway has joined their leadership staff.
The current gambling situation in Norway
The Norwegian gambling market has been drawing a lot of attention among European and global players. This is, understandably, because of tensions between the local regulator, the European Gambling Association, international operators in the gambling market and other entities.
What are the disadvantages and possible solutions to Norway’s online casino gaming situation?
Players from Norway who play on an online gambling site are not restricted by Norwegian law. The advantage of playing at a private online casino is that it is not restricted by Norwegian taxes and other gambling laws.
What the conclusion of this blog can tell you
Foreign online casinos offer players a new way to bypass the strict gambling legislation, but since this is an international issue, it may take a long time to come up with solutions. Amendments to Norwegian gambling regulations may soon be coming into focus.