Tag Archives: norway

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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Norsk Tipping appoints Tonje Sagstuen as acting CEO

SBC News Norsk Tipping appoints Tonje Sagstuen as acting CEO

The Norwegian government has confirmed the appointment of Tonje Sagstuen as the acting CEO of Norsk Tipping.  Sagstuen will replace Thor Gjermund Eriksen, who is set to leave Norway’s gambling and lotteries monopoly at the end of this month. During H1 trading, Eriksen announced his acceptance of the role of Managing Director at Bane NOR, Norway’s state-owned rail network firm. …

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Kindred begins 2023 turnaround on cost efficiency to drive profits  

Nils Andén, Kindred CEO

Kindred Group Plc has updated investors on a period of intense activity, in which its business has undertaken a change in leadership and implemented a strategic review of markets and operations.   Publishing its H1 2023 interim results, the group said it continues to focus on “gaining operational efficiencies to increase profitability”. Headline growth saw Kindred register Q2 group revenues of …

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Norsk Tipping told to lower advertising volume by 20% 

SBC News Norsk Tipping told to lower advertising volume by 20% 

Norsk Tipping, Norway’s gambling monopoly, has been ordered to cut its advertising spend by “at least 20% in 2023”.  The order has been mandated by Lottstift, the Gambling Authority of Norway, responding to government concerns on the exposure of gambling services to minors and vulnerable audiences. As such, the management of Norsk Tipping must present a plan to reduce advertising …

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Winning Post: Nordic Noir for Norway & Finland

SBC News Winning Post: Nordic Noir for Norway & Finland

Regulus Partners casts its eyes to Nordic affairs, where two recent legal judgements portray a fragmented future for European gambling’s most lucrative marketplace… Two court cases decided last week affirm our view that Nordic grey markets are fast approaching some form of regulatory clarity. While Betsson won its case in Finland, Kindred lost in Norway, with the court ordering that …

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Lottstift demands Kindred’s full exit from Norway following ‘definitive judgement’ 

SBC News Lottstift demands Kindred’s full exit from Norway following ‘definitive judgement’ 

Lottstift, Norway’s gambling authority, has claimed a ‘decisive victory’ in its long-running dispute against Trannel International Limited – the Nordic markets subsidiary of Kindred Group Plc.  On 1 June, the Borgarting Court of Appeal upheld Lottstift’s original judgement that the Trannel brands of Unibet, Mariacasino, Storspiller, and Bingo.com had offered illicit online gambling services to national consumers. The verdict sees …

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Lottstift to secure DNS blocking rights in 2024

SBC News Lottstift to secure DNS blocking rights in 2024

Lottstift, the Gambling Authority of Norway, has been granted rights to launch a high-concentration ‘DNS Blocking campaign’ beginning in 2024 against unlicensed online gambling firms. The announcement was made by Director Henrik Nordal, who confirmed that the government had approved Lottstift plans to order Norwegian ISP to immediately shut down user access to websites deemed illegal.   “From January 2024, DNS …

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Lottstift seeks new partner to manage problem gambling helpline

SBC News Lottstift seeks new partner to manage problem gambling helpline

Lottstift, Norway’s gambling authority, has revealed its plans to initiate a tender for the management of the 24-hour problem gambling helpline, ‘Hjelpelinjen‘. The announcement comes as Sykehuset Innlandet, the health trust responsible for the provinces of Hedmark and Oppland, has decided to cease its management of the helpline on December 31, 2023. As a result, Lottstift is seeking a new …

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Spelinspektionen to host live inspection of Nordic Markets on 21 March

SBC News Spelinspektionen to host live inspection of Nordic Markets on 21 March

Spelinspektionen – Sweden’s gambling inspectorate, has called on all gambling policy stakeholders and industry leadership of Nordic gambling markets to join its ‘Live Seminar’ on 21 March 2023.  The event will be hosted at the Stockholm Waterfront from 10am-to-5pm and will provide the most comprehensive analysis of Nordic gambling market’s policy developments and wider issues impacting regulatory affairs. “Together with …

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Lottstift demands Norwegian banks step up vigilance of gambling transactions

Norwegian banks stepping up efforts against illegal gambling according to Lottstift

The Norwegian Gambling Authority, Lottstift, has highlighted the importance of the country’s banking sector in countering ‘illegal gambling’ offerings. According to a recent survey from the regulator, ‘more and more banks’ are making contact with customers using illegal services, earmarking Betsson and Kindred Group’s Unibet sportsbook brand as examples of such operators. Banks and financial services providers have a ‘duty’ …

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