The International Betting Integrity Association and the Norwegian Industry Association for Online Gaming (NBO) have taken steps to establish a framework to promote a safe and effective local licensing and regulatory regime in Norway,
With Finland committed to ending its monopoly system for gambling in favour of a licensing model by 2026, Norway’s continuation of a monopoly system runs contrary to the prevailing approach adopted across Europe, notably in nearby countries such as Sweden, Denmark and Germany.
H2 Gambling Capital, the leading data and intelligence company for the global gambling industry, forecasts that nearly half (43 per cent) of Norway’s online betting GGR will be conducted offshore in 2024.
Carl Fredrik Stenstrøm, general secretary of the NBO, said: “Increasingly strong signals indicate that the Norwegian monopoly is not the most effective solution for consumer protection or industry integrity.
"Betting is a fully digital and international service that cannot be confined to local peculiarities. To establish the best possible framework, the gambling offering must be viewed comprehensively and regulated accordingly.
“The partnership between NBO and IBIA ensures a concerted effort to address responsible practices and supporting initiatives aimed at minimising the impact of gambling-related harm.”
