The Gambling Regulator Of Norway Took Measures To Combat Unlicensed Operators

National gambling regulator in norway (lotteri-og stiftelsestilsensen) announced new measures, according to which residents will not be able to make financial transactions to the account of online gembling operators who are not entitled to activities within the country.

Thus, from january 1, 2020, the office of norway on games (nga) must introduce protocols according to which local financial institutions will not be able to process payments aimed at offshore gambling operators. It is known that in 2010 the law on payments introduced in norway had a minor impact in the key of attracting fraudsters to justice.

In 2018, norway intensified his efforts to prevent payments for gambling in the offshore zone and banned internal financial institutions to serve such transactions that were performed by suppliers acting as an intermediary with operators. As an example, entercash and trustly providers were shown.

The first specified provider eventually lost in the trial with nga. At the same time fell on side of the nga and agreed throuns through the intermediaries of gambling operators who did not have a license shold b blocked, and the players should not violate legization due to entercash activities.

Today, the country has a monopoly operator norsk rikstoto, which provides rates on jumps, and norsk tipping, offering customers more advanced gembling services. Norsk tipping agreement with scientific games will provide players access to a new content of online casinos soon.

Despite the lack of competition, norway’s monopoly operators lose about $ 600 billion from the approximate client base with a number of 250 thousand. Players. Financial institutions are expected to fix this situation for the better due to their new responsibility, which consists in refusing to maintain payments for specific operators.

Recall, after the proceedings held, the court of sweden changed the amounts of fines of gembling companies.