A Beginner’s Guide to the Gambling Practice in Norway

In the last couple of years, many states have embraced online gaming. Other countries have resulted in strict rules directing this practice. Norway is among the nations that have established a zero-tolerance policy for online gambling. The strict regulations associated with the practice have caused confusion among players.

It is crucial to note that Norway has legalized online gambling. However, players have to limit their gambling activities to Norsk Tipping and Norsk Rikstoto. These companies are held by the state and offer various forms of gambling entertainment. The Hockey Club and the Trotting Association of Norway formed Norsk Rikstoto to handle horse racing activities. On the other hand, Norsk Tipping manager scratch card games, sports betting, Keno, Lottery, and Poker.

The Ministry of Culture owns Norsk Tipping and directs all profits to be beneficial and useful state projects. Norsk Tipping and Norsk Rikstoto have exclusive rights to offer the largest section of legal gambling operations in the state. This is stipulated under the Gaming Scene Act and the Totalisator Act. In Norway, only the two companies can offer online casino games legally.

Strict rules hinder private operators from applying for licenses to operate the lottery. The Gaming Authorities do not provide comprehensive gaming licenses to commercial operators. In line with this, the state gambling regulator requires banks to block the transfer of funds made by unlicensed online casinos. Most recently, the Norway Gaming Authorities developed a list of unauthorized casinos and pushed for banks to decline money from such providers.

The new rule was reinforced by the laws governing the advertising of online casinos. Norway has barred casinos from advertising or broadcasting their services to clients in the state. Internet service providers are expected to remove such adverts for the protection of at-risk gamblers in Norway. In 2020, many changes were implemented in the country, including the forms of payment by online casinos.

Casinos cannot transact using payment options like Rapid Transfer, Skrill, Paysafecard, and Neteller. However, players can choose between virtual currency and EcoPayz. The government of Norway has placed strict laws relating to any type of gambling. These rules are designed to ensure responsible gambling. Taking such measures also ensures that the government maintains control over gambling operations in Norway.

As a result of this interference from the government, all earnings made from gambling activities are subject to tax. This implies that the players and the gambling operators must pay tax for all their wins stemming from gambling activities. The rule requires all earnings, even those acquired overseas, to be taxed and declared.

Though Norway runs a gambling monopoly, some online operators have welcomed Norwegian players. They allow the gamblers to play Bokmal and Nynorsk. These operators also enable players to make transactions using the Norwegian Kroner currency. Such websites are accessible, although they are deemed illegal by the Norwegian government.

The best way to play and access foreign online casinos is through using a reliable virtual currency or eWallet. You can choose your preferred casino, although you could fall victim to the scamming activities done on suspicious websites. The Norwegian government does not offer support in such cases as it is illegal to use online gambling sites that are not offered by the state-held companies.

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