Tag Archives: norway

Lottstift issues influencer warnings to social media platforms 

SBC News Lottstift issues influencer warnings to social media platforms 

Lottstift, the Gambling Authority of Norway, has stated that it will take a zero-tolerance approach to social media platforms promoting online gambling streams and content. The warning follows the regulator’s ‘serious action’ against Schpell.com for broadcasting several Norwegian influencers promoting online casino games, infringing on Norway’s blackout of gambling advertising. Though promoted on Schpell.com’s portal, the illegal streams were recorded …

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Kindred counts cost of US withdrawal as FDJ demands Norway exit ahead of takeover

Nils Andén, Kindred CEO

Kindred Group Plc will continue to prioritise enhancing operating efficiencies and cost controls, with shareholders set to vote on the future of the Stockholm online gambling group. The focus on cost controls is required as Kindred published its Q4 and full-year 2023 results this morning, revealing period corporate losses of £19m (Q42022: £52m). Full-year accounts see profits ‘before tax’ decline …

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IBIA backs NBO concerns on the sustainability of Norway’s gambling regime

SBC News IBIA backs NBO concerns on the sustainability of Norway’s gambling regime

The International Betting Integrity Association (IBIA) has enhanced its integrity capabilities in the Nordics by announcing Norsk Bransjeforening for Onlinespill (NBO), Norway’s Association for Online Gaming, as a new partner. Updating members, IBIA has entered a Memorandum of Understanding (MoU) with NBO to “establish a cooperative framework for a safe and effective local licensing and regulatory regime in Norway, including …

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Lottstift expands funding for volunteer groups treating gambling addiction

SBC News Lottstift expands funding for volunteer groups treating gambling addiction

Lottstift, the Gambling Authority of Norway, has expanded its funding coverage to support volunteer groups treating gambling addiction. The authority has reminded volunteer groups and related organizations of its 31st January deadline to secure financial support for the treatment of gambling harm. The directive is part of the Norwegian government’s 2022-2025 action plan, which tasks Lottstift with expanding a network …

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Norsk Tipping promotes ‘trusted hand’ Tonje Sagstuen to CEO

SBC News Norsk Tipping promotes ‘trusted hand’ Tonje Sagstuen to CEO

The board of Norsk Tipping has confirmed the permanent appointment of Tonje Sagstuen as Chief Executive Officer (CEO) of Norway’s state-owned lottery operator. A long-term executive of Norsk Tipping, Sagstuen has served as interim CEO since September following the departure of Thor Gjermund Eriksen. Branded the ‘optimal candidate’, Sagstuen’s experience with Norsk Tipping is extensive and includes a five-year tenure …

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Norsk Tipping and Rikstoto oblige regulator demands on marketing spend

Norsk Tipping sign

Norway’s two state backed betting operators, Norsk Tipping and Norsk Rikstoto, have complied with a regulatory request to roll back their marketing efforts. The state-owned companies, which offer sports betting and horse racing wagering respectively, were ordered to reduce the amount spent on marketing by the Lottstift, Norway’s gambling and lotteries regulator, back in July. Norsk Tipping, which in addition …

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Norway’s Lottstift to gain internet blocking powers under govt-backed legislation

Norway Kindred court battle

Norwegian policymakers remain steadfast in their mission to prevent consumers in the country from accessing overseas betting firms, with new legislation proposed to parliament. The Ministry of Culture and Equality has introduced a Bill to the Storting legislature that would make amendments to the country’s Gambling Act, specifically by bolstering the powers of the Lottstift regulator. Should the changes be …

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EGBA encourages Norway to embrace open licencing system

Maarten Haijer, Secretary General of EGBA

European Gaming and Betting Association (EGBA) Secretary General Maarten Haijer has urged Norway to call a close to its monopoly licensing system. Norway is currently one of the only European and Nordic countries, alongside Finland, to still have a monopoly system in place. Norsk Rikstoto holds exclusive rights to pari-mutuel horse racing betting and Norsk Tipping for sports wagering. However, …

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Lottstift details Norway withdrawals but operators offer differing views

Lottstift details Norway withdrawals but operators offer differing views

Norway’s Gambling Authority Lottstift has issued an update regarding the discontinuation of ‘illegal’ gambling operations and hinted at a strengthening of its powers next year. The regulator specifically outlined Betsson, ComeOn Group, bet365 and Kindred as the four most prominent firms which it states are scaling down their operations in Norway after being subject to its investigations. In the case …

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Scout Gaming narrows operating losses in reorganised H1

SBC News Scout Gaming narrows operating losses in reorganised H1

Scout Gaming AB continues its corporate reorganisation, as the B2B real-money fantasy sports group reports year-to-date net losses of SEK 30m (€2.5m). Publishing its H1 interim trading results, Scout reflects on an eventful period during which the company embarked on its reorganisation. This led to a reduction in its workforce to 35 employees and retaining a partnership with a Norwegian …

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