Features of the gambling legislation of Norway
The age limit for gambling is 18 years old. Topics, who is under this age, only scratch cards allowed. Interesting, that citizens are allowed to hold gambling parties at home - until then, until it turns into business.
The government is systematically trying to oust foreign companies from the Norwegian market. In June 2010 years, the authorities approved the law, according to which all Norwegian banks are not allowed to service credit and debit cards, used in land-based and online casinos around the world.
Players are required to submit tax returns on winnings, received outside Norway.
How Norwegian lotteries are regulated?
Lottery and other gambling in Norway has always been very strictly regulated. According to the Norwegian code from 1902 of the year, only those games were legal, which were offered by holders of special licenses of competent organizations. Consequently, in fact the games were banned, and illegal operators were punished harshly.
Legislative acts, which followed later, slightly softened the situation:
- IN 1927 the Totalisator Act was released;
- IN 1992 – Gaming Act;
- IN 1995 – Lottery Act.
These laws gave the state a gambling monopoly. Act 1927 years laid the foundation for the legalization of horse racing, controlled by the Ministry of Agriculture. Normative act 1992 granted Norsk Tipping exclusive lottery and football betting rights. The Ministry of Culture and Church acts as a supervisory authority..
Act 1995 year was more general and described all types of lotteries and games. He allowed social institutions to organize gambling, for the benefit of society.
How slot machines are controlled?
Total revenue from slot machines grew at the following pace:
- 1990 - ENOUGH 200 million (USD 24,32 billion);
- 2001 - ENOUGH 9 billion (USD 1,09 billion);
- 2004 - ENOUGH 26 billion (USD 3,16 billion).
IN 2004 year, slot machines brought 64% revenue "on the ground" and 43% online revenue. This growth was due to the fact, that slots were poorly regulated by law. The lottery act gave the right to gamble only to charitable organizations. But, wherein, he did not forbid private companies to cooperate with these organizations, place slot machines and share the proceeds.
Beginning with 2002 years, the Norwegian authorities began to take action. They began to limit the number of machines, since along with the growth of the industry, the number of gambling problems has also increased, eg, gambling addiction. The Norwegian government has completely banned slot machines in 2007 year. IN 2009 interactive video terminals appeared – new shape of slots. To play them, special card required.
Is gambling business legal in Norway??
Only two state-owned companies are engaged in gambling in Norway. Only some areas of the gambling business are allowed in the country. Wherein, Norway is known for professional poker players. Annette Obrestad has recently become famous (Annette Obrestad) - woman and youngest player, ever won a World Series of Poker bracelet.
A brief history of Norsk Tipping and Norsk Rikstoto
As already said, two state-owned companies control the entire gambling business in Norway. This is Norsk Tipping and Norsk Rikstoto.
Photo source: News of Gambling
Norsk Tipping is a lottery company headquartered in Hamar (Soon). The firm offers a large selection of lotteries, sports and instant games. It is run by the Norwegian Ministry of Culture, which defines, how much time and money can Norwegians spend on gambling.
The company was founded in 1948 year. Her profits go to the development of Norwegian sports and culture. When it was founded, only football betting functioned in the country. The block of shares was owned by three owners:
- the state – 40%;
- Norwegian Sports Federation – 40%;
- Norwegian Football Association – 20%.
IN 1993 year, the state acquired 100% ACTION Norsk Tipping.
The company's website was launched in 1999 year. In November 2005 the company entered the mobile phone market.
Norsk Tipping offers the following games:
- gambling: Lotto, Viking Lotto, Keno, Joker;
- skill games: Tipping, The odds;
- Flax scratch game;
- TV game Extra.
The listed games require registration and a special payment card. Only those online games are legal, offered by Norsk Tipping.
Norsk Rikstoto - second, which deals exclusively with horse racing in Norway. It is founded 24 september 1982 of the year, to legally run a tote called V6.
The organization was co-founded by the Norwegian Trotting Association and the Norwegian Jockey Club. Norsk Rikstoto is headquartered in Oslo.
IN 1996 year the company received the right to conduct all the sweepstakes in the country. Rikstoto Direkte's own TV channel has been operating for a long time. Conditional 3,7% the annual income of the enterprise goes to the state.
Of all types of sweepstakes in Norway, only horse racing is allowed. There are six tracks for trotting and one for gallop in the country..