Tag Archives: Lottstift

Lottstift outlines new safer gaming measures for Norsk Tipping monopoly

Norsk Tipping

Lottstift, Norway’s Gambling Authority has earmarked ‘several areas for improvement’ for national lottery operator Norsk Tipping to make its games safer for players. Publishing its annual assessment of Norsk Tipping’s performance as the exclusive monopoly operator of Norwegian gambling,  Lottstift has outlined improvement measures to ensure players’ safety using its products. Whilst making the important caveat that Norsk Tipping ‘mainly offers gambling …

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Storting seeks feedback on Norwegian gambling overhaul

SBC News Storting seeks feedback on Norwegian gambling overhaul

The Norwegian government has launched a consultation to gather stakeholder feedback on Storting’s (Parliament) approved order to merge and replace the nation’s fragmented gambling laws.  Proposed by the Ministry of Culture and Gender Equality, Norway’s government has been urged to replace its gambling laws formed under the separate Totalizer Act (1927), Gaming Scheme Act (1992) and Lottery Act (1995). Last …

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Kindred subsidiary told to exit Norway or face daily coercive fines.

SBC News Kindred subsidiary told to exit Norway or face daily coercive fines.

The Norwegian Lotteries Authority has warned Kindred Plc subsidiary Trannel International that it will be sanctioned with a ‘coercive fine’ of NOK 1.2 million (€120,000) per day if it does not cease its unlicensed activities immediately.  A statement issued by Lottstift – Norway’s gambling regulator – has confirmed that Norwegian authorities will take the toughest disciplinary approach against repeat offender …

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Lottstift to launch compensation fund for Norway’s disrupted cultural sector 

SBC News Lottstift to launch compensation fund for Norway’s disrupted cultural sector 

Kulturdepartementet, Norway’s Ministry of Culture and Gender Equality, has instructed gambling regulator Lottstift to launch a compensation scheme, rewarding cultural sector organisations that have been impacted by the COVID-19 pandemic.  The collaboration was formally announced by Marianne Skjeldestad Hove, the director of voluntary support of Kulturdepartementet. The compensation scheme will be funded by Norwegian Lotteries, under the mandate of Norway’s …

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Norwegian government moves forward with overseas gambling block

SBC News Norwegian government moves forward with overseas gambling block

The Norwegian Government has progressed with its plans to block overseas betting and gaming operators, according to local outlet Norway Today. Norway’s Minister of Culture and Equality, Abid Raja, is reportedly targeting a number of overseas  firms, including Betsson and Unibet, arguing that the online activities of these companies should be prohibited.  “These companies do what they can to circumvent …

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Betsson reports ‘strong sportsbook contribution’ during Q2 2021

Betsson

Betsson AB cites that strong sportsbook performance driven by two major continental football tournaments, has helped the Stockholm-listed online gambling group overcome Norwegian and Swedish regulatory headwinds. Publishing a Q2 trading update, Betsson registered a significant increase in its sportsbook trading margin to 8.5%, indexing  above its eight-quarter rolling average margin of 7.4%. Sportsbook growth was attributed largely to the …

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Lottstift demands Betsson BLM terminate all Norwegian marketing activities

SBC News Lottstift demands Betsson BLM terminate all Norwegian marketing activities

Lottstift has issued a stern warning to BLM Group, the Malta-based marketing subsidiary of Betsson AB, ordering the company to terminate all activities targeting Norwegian consumers.  Norway’s gambling regulator has cited multiple instances of BLM Group infringing Norway’s advertising codes to promote the brands of Betsson, Betsafe, NordicBet, CasinoEuro and Norgesautomaten. Norwegian laws prohibit any marketing of online gambling services, …

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Norway targets unlicensed ‘foreign gambling companies’ with new legislation

SBC News Norway targets unlicensed ‘foreign gambling companies’ with new legislation

Norway’s Ministry of Culture has introduced a new Gambling Law, implementing tighter restrictions on unlicensed international betting companies operating in the country, as well as their affiliates. Proposed by the government on 18 June and described as a ‘milestone’ by Abid Raja, Norweigan Minister of Culture and Gender Equality, the new bill aims to merge the nation’s fragmented gambling frameworks. …

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Lottstift warns Norwegian media on advertising responsibilities

SBC News Lottstift warns Norwegian media on advertising responsibilities

Norway’s gambling authority Lottstift has written to national media operators, warning incumbents that it will not tolerate the publishing of betting odds or promotion of online betting brands towards the general public. Writing to national media stakeholders, Lottstift emphasises news publishing as a specific concern which it seeks to address, stating that publishers have allowed newspapers to print odds in …

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