The Norwegian government has launched a consultation process on the country’s recently proposed Gambling Law. The consultation period will run until August 5, 2022 and is open to comments from all interested parties.
The consultation period was officially launched by the Norwegian Ministry of Culture and Gender Equality following the introduction of the new Gambling Act which will replace the existing Lottery Act, Totes Act and Gambling Act. previous.
The new Gambling Law will consolidate the various aspects of the three existing laws into one law and at the same time introduce some new rules that are necessary as the industry has evolved to include iGaming.
One of those new changes is the introduction of fines for gambling operators that break the rules of the Act. This is believed to be a direct attempt to penalize online operators that operate illegally in the country despite not having a license. . As it is, the only two online gambling operators in Norway are Norsk Tipping and Norsk Rikstoto.
Government previously entered new rules in 2021 to combat this activity, but the New Law is set to take those rules one step further.
According to the legislation, these ‘infringement charges’ could see regulator Lotteri-og Stiftelsestilsynet (Lotteritilsynet) fine illegal businesses up to 10% of turnover if they violate the online gambling rules laid out in the Act.
However, the Norwegian Online Gaming Industry Association has criticized the legislation for not removing the iGaming monopoly and allowing private companies to operate in Norway under license.
If passed, the new Gaming Law will come into force on January 1, 2023.