Tag Archives: norsk tipping

Norway’s two state backed betting operators, Norsk Tipping and Norsk Rikstoto, have complied with a regulatory request to roll back their marketing efforts. The state-owned companies, which offer sports betting and horse racing wagering respectively, were ordered to reduce the amount spent on marketing by the Lottstift, Norway’s gambling and lotteries regulator, back in July. Norsk Tipping, which in addition …

The Norwegian government has confirmed the appointment of Tonje Sagstuen as the acting CEO of Norsk Tipping.  Sagstuen will replace Thor Gjermund Eriksen, who is set to leave Norway’s gambling and lotteries monopoly at the end of this month. During H1 trading, Eriksen announced his acceptance of the role of Managing Director at Bane NOR, Norway’s state-owned rail network firm. …

Norsk Tipping, Norway’s gambling monopoly, has been ordered to cut its advertising spend by “at least 20% in 2023”.  The order has been mandated by Lottstift, the Gambling Authority of Norway, responding to government concerns on the exposure of gambling services to minors and vulnerable audiences. As such, the management of Norsk Tipping must present a plan to reduce advertising …

Thor Gjermund Eriksen is vacating his position as CEO of Norway’s state-owned betting firm Norsk Tipping after nine months in the leadership role. The outgoing CEO was first appointed to the position in April 2022 before assuming full duties on 12 September, having worked as a journalist for the majority of his career. Upon leaving Norsk Tipping on 1 October …

Norway’s state-backed horse racing betting operator Norsk Rikstoto has secured a substantial extension to its operations.  The parimutuel betting firm announced that it had received a 10-year renewal to its licence from the Norwegian government to continue its monopoly over betting on the country’s animal sports sectors. By maintaining the monopoly, Norway’s policymakers ensure that both the Rikstoto and the …

Medietilsynet, Norway’s Media Authority, has informed that Discovery Europe has stopped broadcasting gambling adverts to Norwegian audiences  Discovery had previously contested Medietilsynet orders to blackout gambling adverts, broadcast on its pan-European network of MAX, VOX, FEM and Eurosport channels.  The conflict had seen Medietilsynet order Norwegian TV platforms Telia, Telenor, RiksTV and Altibox to terminate their broadcasts of Discovery channels …

Niklas Jönsson, acting CEO of Scout Gaming, has disclosed that the real-money fantasy sports platform supplier has entered an intensive restructuring period.   Publishing its Interim trading report, Scout Gaming reported year-to-date corporate losses of SEK 48m (€4.5m), results which track above 2021 losses of SEK 45m. Jönsson, who replaced former CEO Andreas Ternström in June confirmed that he had initiated …

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 …

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 …

Veikkaus Oy’s international B2B division Fennica Gaming has officially launched, as the company progresses with its expansion plans enabled under Finnish legislation. The Finnish state-backed betting monopoly’s new division will provide game services and products internationally to corporate customers across betting and gaming.  Fellow Scandinavian state monopolies Norsk Tipping (Norway) and Svenska Spel (Sweden) have become the first businesses to …