The European Commission plans to run the rule over a revised gambling act proposed by Norway meant to unify the country’s Gambling Act, Totalizator Act, and the Lottery Act. However, the country plans to maintain the monopolies of Norsk Rikstoto and Norsk Tipping in the Norwegian market.

The notification to the European Commission comes in the wake of consultations launched in June on ways to consolidate gambling laws in the country into one legislation. Although this legislation is expected to run through to September, the notification submitted on the 12th of August implies that legislation will be subjected to a standstill period that will run up to the 13th of November.

Presently, Norsk Tipping and Rikstoto enjoy monopolies in the country, with all the rights to offer gambling services.

However, this arrangement has a high risk of generating gambling-related problems.

The revised Act stipulates that the operators would be subject to strict control and will be expected to abide by all the requirements of their licenses. Nonprofit entities will also be allowed to offer gambling under the new Act, although with prizes and turnover values.

In the meantime, a current ban on transfer of payment for winnings and deposits linked to gambling by unlicensed operators will remain in place, as would all provisions relating to the percentage of profit from gambling that should be channeled towards nonprofit organizations.

On the matter of marketing, the Act stipulates that the promotion of games would be restricted. However, operators are expected to ensure their adverts are responsible and safe.

The Lotteritilsynet, the regulator, will be granted powers to institute sanctions like fines on operators who breach license requirements. The regulator will have the power to request the country’s ISPs to place warning texts on all sites that target Norwegian players illegally to inform players they are running a business without a valid license.

Source: https://www.igamingbusiness.com/news/norway-notifies-unified-gambling-act-ec

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