Tag Archives: norway

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 …

Sports technology solutions provider Sportradar has integrated its internet-based Self-Service Betting Terminal (iSSBT) software into 245 retail outlets across Norway. The move is part of an expanded agreement to support the growth of Norwegian state gaming operator Norsk Tipping.   The 500-plus estate of iSSBT points of sale provides bettors with a similar user experience and features to Norsk Tipping’s online …

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 …

Betsson AB has published its fourth-quarter update and FY2021 snapshot report, citing a tough closing to Q4 trading, with the Stockholm online gambling group still managing to deliver on its financial and corporate objectives.  The group praised its diversified business model and a geographical make-up that helped ease trading difficulties within mature markets. Headline Q4 metrics saw Betsson register group …

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 …

Norsk Tipping has informed national media that Åsne Havenelid has chosen to end her six-year tenure as Chief Executive of Norway’s gambling monopoly for lottery and sports betting.   A departure date has not been confirmed, as Havenelid has agreed to remain in her role until a successor is found. The former secretary-general of Norway’s Red Cross, Havenelid took leadership of …

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, …

LeoVegas AB has reported its ‘strongest fourth quarter ever’ but has found going tough in its core Nordic markets. Changes in regulations in both Sweden and Norway, and large tax increases in Denmark have caused the company’s Nordic profile to strain, but the group has still been able to report adjusted EBITDA growth of 25 per cent for the full …

Playtech Plc has maintained a strong closing to its 2020 commercial activities, with long-term partner Norsk Tipping upgrading its existing technology services agreement between the two firms. Norway’s state-owned gambling operator has signed two new supplier agreements with Playtech for online casino and Video Lottery Terminals (VLT) products. The FTSE250 technology group cleared all Norwegian government procurement processes to become …