EGBA Advocates for Open Online Gambling Market in Norway
LISTEN TO THIS ARTICLE:The European Gaming and Betting Association (EGBA) is encouraging Norwegian lawmakers to transition from their existing monopoly-based system to an online gambling licensing model.
Norway is one of the few remaining European nations with a state-controlled gambling monopoly. In the jurisdiction, only the state-owned gambling company Norsk Tipping has the authority to offer online casino and sports betting, while Norsk Rikstoto oversees horse racing.
However, EGBA has implored Norway authorities to adopt a licensing system open to third-party operators like their neighboring countries such as Sweden and Finland. This would help address concerns like consumers gambling on unlicensed platforms, as stated by Maarten Haijer, the Secretary-General of EGBA.
The belief that a monopoly model is essential for safer gambling does not align with the current European trend. Nearly every other European country has implemented some form of licensing system, successfully prioritizing player safety within a regulatory framework that provides clear rules for companies to follow.
Haijer emphasized that a licensing system would cater to the demand for diverse gambling choices. Furthermore, he stated that such a system would bolster tax revenues and enhance responsible gambling practices by effectively regulating operators within the country.
Operators to Exit Norway Market
However, even with Norway's gambling monopoly, some websites have been operating within the country.
In the past months, some of these operators have been sanctioned by Norway’s gambling regulator, Lotteritilsynet. This has led to the exit of these gambling companies from Norway. One such business is Kindred, which recently stated its decision to withdraw from Norway after a lengthy legal tussle with the regulator.
Lotteritilsynet also stated that other operators like Betsson, ComeOn, and bet365 are in the process of shutting down their services in the state.
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