Tag Archives: norway

Kindred lowers Norwegian exposure but maintains legal stance against Lottstift

SBC News Kindred lowers Norwegian exposure but maintains legal stance against Lottstift

Kindred Group has announced that its Trannel International subsidiary will temporarily withdraw its brands from operating in the Norwegian market.  This afternoon, Kindred published a statement detailing that as an ‘act of good faith’ Trannel would comply with desist orders demanded by Lottstift – Norway’s Gambling Authority.  The long-running dispute between Kindred and Lottstift reached a boiling point this September, …

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Lottstift orders Kindred brands to exit Norway or face extreme penalties

SBC News Lottstift orders Kindred brands to exit Norway or face extreme penalties

The Norwegian Lottery Authority (Lottstift) has repeated its warning to Kindred Group subsidiary Trannel International that it must exit Norway’s online gambling marketplace or face severe consequences.   Restating its Q1 warning, Lottstift demanded that Trannel retire the brands of Unibet, MariaCasino, Storspiller and Bingo.com or face daily coercive fines of NOK 1.2m (€120,000) on Kindred’s Malta-based subsidiary. Should Trannel remain …

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Norway media ordered to comply with Discovery TV gambling blackout 

SBC News Norway media ordered to comply with Discovery TV gambling blackout 

Norwegian gambling authority Lottstift has praised media counterpart Medietilsynet for upholding its decision to continue to ban gambling advertising on all TV formats.  The Norwegian media authority will not review its gambling advertising policies, despite complaints from media broadcasters Telia and Altibox. The firms have urged for rules to be revised as they apparently contradict EEA broadcasting standards. The complaints …

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Lottstift outlines new safer gaming measures for Norsk Tipping monopoly

Norsk Tipping

Lottstift, Norway’s Gambling Authority has earmarked ‘several areas for improvement’ for national lottery operator Norsk Tipping to make its games safer for players. Publishing its annual assessment of Norsk Tipping’s performance as the exclusive monopoly operator of Norwegian gambling,  Lottstift has outlined improvement measures to ensure players’ safety using its products. Whilst making the important caveat that Norsk Tipping ‘mainly offers gambling …

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Storting seeks feedback on Norwegian gambling overhaul

SBC News Storting seeks feedback on Norwegian gambling overhaul

The Norwegian government has launched a consultation to gather stakeholder feedback on Storting’s (Parliament) approved order to merge and replace the nation’s fragmented gambling laws.  Proposed by the Ministry of Culture and Gender Equality, Norway’s government has been urged to replace its gambling laws formed under the separate Totalizer Act (1927), Gaming Scheme Act (1992) and Lottery Act (1995). Last …

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Sportradar expands Norsk Tipping agreement with iSSBT retail integration

Norsk Tipping

Sports technology solutions provider Sportradar has integrated its internet-based Self-Service Betting Terminal (iSSBT) software into 245 retail outlets across Norway. The move is part of an expanded agreement to support the growth of Norwegian state gaming operator Norsk Tipping.   The 500-plus estate of iSSBT points of sale provides bettors with a similar user experience and features to Norsk Tipping’s online …

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Kindred subsidiary told to exit Norway or face daily coercive fines.

SBC News Kindred subsidiary told to exit Norway or face daily coercive fines.

The Norwegian Lotteries Authority has warned Kindred Plc subsidiary Trannel International that it will be sanctioned with a ‘coercive fine’ of NOK 1.2 million (€120,000) per day if it does not cease its unlicensed activities immediately.  A statement issued by Lottstift – Norway’s gambling regulator – has confirmed that Norwegian authorities will take the toughest disciplinary approach against repeat offender …

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Betsson delivers on 2021 targets but can’t hide scars of deep Euro impacts

SBC News Betsson delivers on 2021 targets but can't hide scars of deep Euro impacts

Betsson AB has published its fourth-quarter update and FY2021 snapshot report, citing a tough closing to Q4 trading, with the Stockholm online gambling group still managing to deliver on its financial and corporate objectives.  The group praised its diversified business model and a geographical make-up that helped ease trading difficulties within mature markets. Headline Q4 metrics saw Betsson register group …

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Lottstift to launch compensation fund for Norway’s disrupted cultural sector 

SBC News Lottstift to launch compensation fund for Norway’s disrupted cultural sector 

Kulturdepartementet, Norway’s Ministry of Culture and Gender Equality, has instructed gambling regulator Lottstift to launch a compensation scheme, rewarding cultural sector organisations that have been impacted by the COVID-19 pandemic.  The collaboration was formally announced by Marianne Skjeldestad Hove, the director of voluntary support of Kulturdepartementet. The compensation scheme will be funded by Norwegian Lotteries, under the mandate of Norway’s …

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Norsk Tipping confirms CEO exit of Åsne Havenelid 

SBC News Norsk Tipping confirms CEO exit of Åsne Havenelid 

Norsk Tipping has informed national media that Åsne Havenelid has chosen to end her six-year tenure as Chief Executive of Norway’s gambling monopoly for lottery and sports betting.   A departure date has not been confirmed, as Havenelid has agreed to remain in her role until a successor is found. The former secretary-general of Norway’s Red Cross, Havenelid took leadership of …

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