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Norway’s Norsk Rikstoto Proposes Monthly Spending Limit for Players

Niji Narayan

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Norway’s Norsk Rikstoto Proposes Monthly Spending Limit for Players
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Norway’s state-owned horseracing operator Norsk Rikstoto has proposed for a mandatory monthly spending limit for all customers.

If the cap is implemented, players will be able to bet and lose no more than $2222 every 30 days. However, players could roll over any balance left at the end of this period for up to 90 days.

Lotteri- og stiftelsestilsynet (Lotteritilsynet) has backed the move, with director Henrik Nordal describing it as a “safety net” for those that cannot control their gambling.

“We see the need to clarify [Norsk Rikstoto’s] role here. Norsk Rikstoto’s main duty is to provide a safe and responsible way to gamble. That the horse racing industry benefits from its profits is a consequence, and not a reason, as to why it is one of the few operators licensed to offer real-money gambling in Norway,” Nordal said.

“The high-spending players are gambling too much, and they are losing a lot. They are as much at risk of developing problems as other players, and Norsk Rikstoto has not provided evidence to suggest the opposite. It would therefore be irresponsible to create a special scheme for these players were they can overspend,” he added.

Asia

Japan Tourism Agency Issues IR Proposal Timeline

Niji Narayan

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Japan Tourism Agency Issues IR Proposal Timeline
Photo Source: ethicalboardroom.com
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Japan Tourism Agency has announced further details on the IR licensing schedule.

The Agency explained it will accept proposals from local governments between January 4 and July 30, 2021. Therefore, we can expect Japan regions to pick IR consortium partners in late 2020 and early 2021.

The Agency also disclosed it has conducted consultations with interested governments. The Tokyo Metropolitan Government, prefectures of Hokkaido, Nagasaki, Osaka, and Wakayama; and the cities of Chiba, Nagoya, Osaka, and Yokohama contacted them.

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Asia

PAGCOR’s Andrea Domingo to Present Opening Keynote for G2E Asia @ the Philippines

Niji Narayan

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PAGCOR’s Andrea Domingo to Present Opening Keynote for G2E Asia @ the Philippines
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PAGCOR chair Andrea Domingo is going to present the opening Keynote for the inaugural G2E Asia @ the Philippines, to be held at Marriott Manila on December 3–4, 2019.

Organisers of G2E Asia revealed that Ms. Domingo would speak at 10 am on December 3, with other speakers including Resorts World Manila’s Chief Gaming Operations Officer Hakan Datas and Melco Resorts & Entertainment’s SVP and Chief Information Officer, Avery Palos.

G2E Asia @ the Philippines is the newest addition to the G2E Asia series of events, held annually in Macau each year since 2007. Focused on the development of emerging ASEAN markets and comprising an exhibition, educational conference, summit and various networking opportunities, G2E Asia @ the Philippines is being held in cooperation with PAGCOR, addressing the land-based and online gaming operators across Asia.

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Latest News

SYNOT Games Signs Content Deal with Aspire Global in Denmark

Niji Narayan

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SYNOT Games Signs Content Deal with Aspire Global in Denmark
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SYNOT Games has signed a content deal with Aspire Global in Denmark. SYNOT’s popular titles like Respin Joker, Book of Secrets, Alchemist’s Gold and Golden Myth will become available to the residents of Denmark with brands operating under the Aspire Global network.

Aspire Global has been operating under a gaming license in Denmark for several years and has been granted the license until 2023.

“I am happy that we are able to bring fresh, new content to the Danish market with a respected and established provider such as SYNOT Games. Our aim is to continually provide our clients with the best solutions to achieve mutual success and we look forward to achieving further growth with this partnership in the future,” Jov Spiero, VP Sales at Aspire Global said.

“We are absolutely thrilled to launch our games in Denmark and reach new audience. We highly value partnership with Aspire Global, and it has enabled us to enter several flourishing markets,” Milan Ždímal, COO of SYNOT Games said.

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