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Norway set to reform gambling laws

George Miller

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Norway set to reform gambling laws
Reading Time: 3 minutes

 

The gambling industry is rapidly growing and taking over everything. With the development of the Internet and people’s engagement in social networks, online casinos have risen in number greatly. It has even evolved during the 2020 coronavirus pandemic.

Different forms of gambling in general require different management systems and many countries introduce regulations to somehow control various gambling channels. Deregulation sometimes leads to illegal gambling, therefore countries think it is better to introduce some laws, in order to control everything.

Norway is also on a path to join a list of countries where the regulatory framework of gambling is in work. According to the country’s main regulator called Lotteritilsynet regulations will bring more consistency to gambling in the country.

If we take a look at the current situation in Norway, the Scandinavian country has three legislative guides: the Lottery Act, the Gambling Act, and the Totalisator Act. This year the state also proposed changes regarding gambling regulations.

In Norway step by step, the newest casinos appear almost every month, which are known among local citizens as nyeste casinoer, and they have a lot of customers. However, the lack of regulations is sometimes a very big problem. Because of that Lotteritilsynet which we have mentioned above, wants to offer more consistent oversight of the gambling sector. You can find out more information about this topic by following this link.

At the same time, the country’s main regulator thinks that by introducing new reforms gambling will be available through legal channels and this will provide better control of the gambling industry.

Regulations also offer player protection and we are all familiar with the concept of responsible gambling. The safety of players is essential. Also, the industry will become freer.

We should note that the changes are already on the agenda of the European Commission, but are temporarily halted. However, the moratorium is expected to end on November 13.

Feature of the gambling legislation in Norway

The age limit for gambling is 18 years old. For those under this age, only scratch cards are allowed. Interestingly, citizens are allowed to host gambling parties at home – as long as it doesn’t turn into a business.

The government is systematically trying to drive foreign companies out of the Norwegian market. In June 2010, the authorities approved a 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.

In 2004, slot machines accounted for 64% of revenue “on the ground” and 43% of revenue online. This growth was due to the fact that slots were poorly regulated by law. The Lottery Act gave only charitable organizations the right to gamble. But, at the same time, it did not forbid private companies to cooperate with these organizations, place slot machines and share the proceeds.

Since 2002, the Norwegian authorities have started to take action. They began to limit the number of slot machines, as the number of gambling problems, such as gambling addiction, increased with the growth of the industry. The Norwegian government banned slot machines entirely in 2007. In 2009, interactive video terminals appeared – a new form of slots. To play them, you need a special card.

Conclusion

Until these discussions, there was no visible improvement in the situation with the gambling business in Norway. Here they are very strict about gambling, preferring to keep them under the strictest control. Yes, the gambling business brings a lot of money, but for Norway, this is not an argument.

Recently, the Norwegian government has been focusing on the problem of gambling addiction. And it is more likely to give results.

New laws could have a completely different effect than expected. In 2007, analysts from the Norwegian Gaming Board showed that out of 3,000 players surveyed, only 1.3% consider themselves to be gambling addicts. The same study, conducted in 2010, after the introduction of new laws, showed that the number of addicts increased to 2.1%.

The Norwegian government should think more seriously about how it regulates the gambling business in their country. It may be worth allowing online gambling and providing equal opportunities for domestic and foreign companies. In any case, the Norwegian gambling business is performing well, which gives cause for optimism.

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DraftKings extends sports betting agreement with MansionBet

George Miller

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DraftKings extends sports betting agreement with MansionBet
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DRAFTKINGS’ B2B TECHNOLOGY WILL POWER LEADING U.K SPORTSBOOK

DraftKings Inc. today announced the renewal and extension of its relationship with MansionBet, the Gibraltar based sport betting brand of the Mansion Group, a leading provider of online gaming, with a portfolio of well-known online casino brands, as well as a sportsbook. The long-term agreement will see DraftKings’ B2B technology continue to power the tier one operator’s sportsbook and casino platform, in addition to providing a suite of managed services covering compliance, payments and anti-fraud protocols.

“Across multiple global jurisdictions, DraftKings is changing the way fans engage with sports,” said Shay Berka, DraftKings’ Chief International Officer. “Our renewal and extension with MansionBet, a tier one operator in the highly competitive U.K. market, is another example of the strategic value DraftKings’ cutting-edge B2B technology provides to our clients.”

Karel Manasco, CEO at Mansion commented: “DraftKings’ B2B platform has been instrumental to the success of MansionBet since we launched. The extended deal will allow us to provide our players with the ultimate sports betting experience, including increased offerings and an enhanced horse racing product, utilising the impressive platforms and services that DraftKings provide.”

Having experienced significant growth since launching in 2018, MansionBet will now leverage DraftKings’ suite of APIs across their entire sportsbook. The expansion will significantly enhance MansionBet’s customer offerings and experience, particularly for horse racing, which will now feature additional streaming coverage and Timeform content from both U.K. and international tracks.

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Popular Online Casinos in Finland

George Miller

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Popular Online Casinos in Finland
Reading Time: 3 minutes

 

Finland is home to some amazing online casinos that offer excellent gameplay experience, cool features, and mouth-watering bonuses. At Kasinohai, you can find the top online casinos in Finland ranked using a stringent policy to only rank the best of the best.

1. Rizk Casino

Rizk is a top casino in Finland designed to offer an amazing in-game experience and lots of games. It is free to register and registration takes less than five minutes to complete. On completion, you get a no deposit bonus of 10 free spins! Also, when you make your first deposit of up to €100, you get an additional 50 free spins and 200% of your first deposit. The wagering requirement on this is 40x.

The casino is secure, safe, and transparent. It is licensed by the Malta Gaming Authority, which means that you can enjoy tax-free winnings while playing from Finland.

Withdrawals are fast. It makes use of the following payment methods: Bank Transfer, Master Card, Neteller, Paysafecard, SIRU Mobile, Skrill, Trustly, and Zimpler. It uses recognized game manufacturers such as Evolution Gaming, Mercury Gaming, NextGen Gaming, and others to bring you the ultimate online casino gaming experience.

2. Lucky Days Casino

Another top online casino in Finland is Lucky Days. Although a relatively new casino, came into Finland in 2019, spring season, the casino is recognized as one of the best for Finns. You can play the game on any device (desktop, mobile, or tablet) using a web browser.

The only sour point about this casino is that it does not offer any bonuses. It makes up for that with a lovely gaming experience and high winning odds.

The casino website and its customer support are all in the Finnish language. Communication between Finns and the casino is easier in the native language.

It has an extensive catalog of games with lots of variations. Over 1000 casino games are available for instant playing on the site. All the games on the site come from reputable gaming manufactures such as Evolution Gaming, QuickSpin, NetEnt, iSoft Betting, Quickfire, and Microgaming.

It makes use of lots of payment options such as Bank Transfer, MasterCard, Paysafecard, VISA Debit, Ecopayz, MasterCard Debit, Skrill, Interac, Neteller, and Sofort.

3. Spinia Casino

Spinia is the Finnish casino for players who value a wide selection of gaming options. It has a filter that allows you to search for games by name and filter by category or type, making it easy to find the kind of casino games that spark your interests. The website interface is user-friendly and modern.

On your first two deposits up to €250, you get 50 free spins. Here is the breakdown. On your first deposit up to €100, you receive 100% up to the deposit amount and 25 free spins. You can only access this deposit bonus with the code PINACOLADA.

On your second deposit up to €150, you receive 50% up to the deposit amount and 25 free spins. However, you can only enjoy this bonus when you use the code MOJITO. The wagering requirement is 40X.

It makes use of top gaming manufacturers such as 2 by 2 Gaming, BetSoft, Genesis, QuickSpin, Play n’ Go, Evolution Gaming, Booming Games, authentic Gaming, Thunderkick, Playson, and Microgaming.

The wealth of payment options available include Bank Transfer, InstaDebit, MasterCard, QIWI, Sofort, Yandex Money, Ecopayz, Interac, Neteller, Trustly, RAPID Transfer, iDebit, Maestro, PaySafeCard, Skrill, and Webmoney.

4. Unibet Casino

This casino is one of the largest casinos in Europe. It boasts of over 10 million players across different European countries. Unibet Casino has a Maltese gaming license.

It offers amazing welcome bonuses. On your first deposit, you get 100% up to €200 and 10 free spins. The wagering requirement is a modest 25X.

One of the benefits of using Unibet Casino is Finns is that it offers customer support in the Finnish language. Another benefit is that your winnings are tax-free.

5. Quick Casino

It is a completely Finnish casino. Most of its games are from Finnish leading gaming manufacturers such as Net Entertainment, Play n’ Go, and Nolimit City. There are hundreds of games available on the site that you can pick from.

As the name suggests, it offers instant casino play. There is no registration requirement, all you to do is use an online banking credential like Trustly to make deposits and withdrawals a smooth sailing.

Quick Casino does not offer any deposit bonuses. Some of the top gaming manufacturers it uses include Big Time Gaming, Play n’ Go, QuickSpin, Yggdrasil, NetEnt, Red Tiger, Pragmatic Play, Nolimitcity, and Push Gaming.

Conclusion

Online casinos in hot demand in Finland. Casinos that use the Finnish language for their games and customer support have an advantage over those who do not.

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Danes increasingly gamble online

George Miller

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Danes increasingly gamble online
Reading Time: 2 minutes

 

The latest figures from the Danish Gambling Authority show that 54 percent of the Danes’ gambling in 2019 took place on online platforms. In comparison, the figure was 31 percent in 2012.

Thus, Danes increasingly choose virtual gaming machines and betting via mobile phones or computesr over the land-based casinos, gaming machines and paper pools coupons.

In the period from 2012–2019, the total gross gaming revenue (GGR) in Denmark increased from DKK 7.8 billion to DKK 9.8 billion. GGR is the international way of measuring the size of the gambling market. It is calculated based on the players’ stakes minus the winnings, and equals the amount that players have spent on gambling products.

“There is no doubt that the Danes’ preference to gamble online is reflected in the market development. The development in the gambling market seems to follow the general technological development, where an increasingly larger part of our everyday life takes place online”, says acting director of the Danish Gambling Authority Jan Madsen.

Danes gamble via their smart phones
The Danish Gambling Authority have examined the platforms used for online gambling. Here, the technologicaldevelopment is also clearly reflected, as more and more Danes prefer their mobile phones and tablets to computers.

Whereas only 11 percent of the spending on online casinos and online betting took place on mobile platforms in 2012, this share has increased to 61 percent in 2019.

“One of the Danish Gambling Authority’s most important tasks is to monitor the developments in the gambling market. Among other things, weu se the statistics to get an overview of where the market in heading, but also to organise our supervision of the gambling operators and thereby ensure that gambling in Denmark takes place fair and responsibly”, says acting director of the Danish Gambling Authority Jan Madsen.

Second place in Europe
Compared with other European countries, it is only Sweden that has a larger share of online gambling than Denmark. Here, 59 percent of the gambling market is online. The three Nordic countries, Sweden, Denmark and Norway are the only countries in which more than half of the spending on gambling products takes place online.

”There is a huge difference among the various gambling markets and the regulation in European countries. Some countries still have a monopoly on gambling, and in France, where online gambling only accounts for 24 percent of the market, there is still a strong tradition of lotto and betting on horse racing in bars instead of online”; says acting director of the Danish Gambling Authority Jan Madsen.

 

Source: spillemyndigheden.dk

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