Norwegian Culture Minister Thorhild Widvey is seeking to liberalize Norway’s online gambling laws.
Norway’s aspiration to legalize on the web gambling has moved one step closer: the country’s heritage Committee has requested an impact assessment on dramatic legislation proposals that could completely open the market up. The committee will closely examine the experiences of other nations, such as Sweden, Denmark together with UK, before drafting its own legislation that the government hopes to implement the following year.
Norway presently has some of the tightest gambling controls in European countries. Online gambling is largely unlawful in the united states, with just two companies that are state-owned to supply restricted games of opportunity to its citizens, Norsk Tipping and Norsk Rikstoto. Norsk Tipping offers games like lotteries, keno plus some sports betting, and falls under the jurisdiction of the Ministry of community and Church affairs, which ensures that players are merely permitted to place bets at certain times of the time and imposes restrictions in the amount players are allowed to bet. Norsk Riksoto, meanwhile, offers parimutuel gambling exclusively for horseracing.
Nothing to Bank On
In 2010, the government passed a law that banned Norwegian banks from processing all forms of gambling transactions, online and live, not just within Norway, but all over the entire world, essentially barring Norwegians from ut (suite…)