Norway grants 10-year extension to Norsk Rikstoto’s monopoly in the sports betting industry

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Norway is one of the few European countries that still maintains a state gambling monopoly. The only authorized body for online casino gaming is the lottery Norsk Tipping, while Norsk Rikstoto has exclusive rights for horse racing bets.

The government justifies the monopoly system by stating that the games offered by Norsk Tipping and Norsk Rikstoto have high prizes, high turnover, or a high risk of creating gambling problems. Recently, the government announced the extension of Norsk Rikstoto’s license until at least the end of 2032.

The Minister for Culture and Equality, Anette Trettebergstuen, expressed her satisfaction with Norsk Tipping and Norsk Rikstoto, stating that they understand their roles as monopoly operators and their goals are in line with the government’s.

Trettebergstuen emphasized that the government’s primary concern in gambling policy is preventing addiction. However, she also highlighted the goal of raising funds to support sports and charitable causes. The profits from Norsk Rikstoto contribute to the Norwegian horse racing industry.

Although the monopoly system has faced opposition from international operators, such as Kindred, the Norwegian authorities have been firm in their actions. Regulator Lotteritilsynet warned Kindred of daily fines if they did not withdraw from Norway but later suspended the fines temporarily when Kindred agreed to only passively accept Norwegian players. However, the fines have been reinstated by the regulator as they argue that Kindred’s offering still targets Norwegian residents. Kindred is currently appealing against the fines.

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Dawson Bennett is a seasoned journalist with over a decade of experience covering the casino and sports industries. His extensive knowledge of these sectors makes him a trusted expert for readers seeking advice and insights. Whether you're looking for the latest developments in the sports or gambling world, Dawson provides valuable guidance to help you make informed decisions. He offers tips on selecting high-quality casinos and stays on top of trends and events in the sports industry, ensuring you have the best possible experience.
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