The Norwegian gambling industry: an overview
Gambling in Norway is known to be illegal although some online casino experts have found a way to circumvent the law, therefore gambling is still very much part of the Norwegian culture up to now.
The question remains: How does this well-oiled gambling machine work? What makes sites like casinoer.com so popular among gambling aficionados worldwide? This article will help you answer that question and much more. If you’re interested to learn the answers, please do not hesitate to continue reading.
Being that gambling is still illegal in Norway up to now, gambling aficionados have found a way to circumvent this ruling by hosting gambling parties at home. This is considered legal if it is not done for profit.
The 2 Major Gambling Operators in Norway
In addition to this, there are currently two major companies that could be considered legal gambling operators in Norway. These are as follows:
- Norsk Risktoto
- Norsk Tipping
These two companies can operate under the jurisdiction of The Ministry of Church Affairs in Norway. The ministry is the one who is going to determine the specific time the game is played, the hours allotted for game and how much the players should win.
As of now, these two companies are the only ones that can offer legal gambling games such as sports betting, keno, lottery games and many others. Slot machines have also gained popularity among the local citizens of Norway. That’s why the government has slowly realized the need for regulation when it comes to slot games in the country.
In 1995, the government introduced the Lottery Act to regulate all gambling platforms in the country. However, this proved to be futile because it didn’t prevent slot games from flourishing in the country after the law had been passed.
The sheer revenue that gambling was able to bring to the country eclipsed the legality of the whole operation during that time.
This law and ordinances have been taking effect from 1995 up to now. It is also one of the main reasons why the Norwegian gambling industry has been nonexistent for many years. Without legal backing, gambling in Norway will be going nowhere anytime soon.
What Lies Ahead: The Future of Norwegian Gambling
If gambling is considered illegal in Norway, chances are it would not gain traction in terms of the types of games that would be introduced, or the mechanics of game play. However, if you are still a fan of traditional lottery games and would only do it to enjoy yourself, then you wouldn’t have to worry.
Answering the Question: How Does Gambling in Norway Work?
In summary, gambling in Norway works in such a way that it is heavily regulated with guidelines and rules to follow. If ever you decide to gamble and play online as a Norwegian citizen, there are certain policies that you must abide by if you don’t want to be on the wrong side of the law.
If you can’t avoid gambling in Norway, you must be aware of the rules that come with playing. Here they are as follows:
- You should be of legal age (18 and above).
- You must be a Norwegian citizen.
- You must not play the games for profit or to gain a business platform.
- You may only play the legal games allowed by the government as specified by either of the two major gambling service providers in the country.
By taking note of the steps, you will be able to enjoy a nice game of slot machines or number betting. You may even have the chance to win and become a multimillionaire when you join the lottery. All you really have to do now is to make sure that you follow the rules above and you will get to enjoy gambling at its very best in Norway.
SiGMA Group releases its latest publication
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