Norway To Lose Online Poker Access As Stringent Regulations Come In

Earlier this year we reported the Norweigians were clamping down on illegal poker activity with the closure of underground poker clubs. Now Norwegians will not be able to play legal online poker and access online casinos once the Government implements its new forms of online gambling restrictions.

The new gambling restrictions were announced by the Christian Peoples, Norway’s Labour, Centrist Parties and Socialist Left. The combined mandate developed by the parties demands strict blocking of foreign online gambling websites and a further crackdown on banks that still process transactions of foreign gambling sites.

Six of the eight proposed measures were voted by a majority and will be formally rolled out by May 7.

The blocking of foreign operators is a move by the government to protect its problem gamblers, and discourage competition which challenges the government-operated Norsk Tipping and Norsk Rikstoto. According to gambling laws in the country, no other gambling operators are allowed to offer services to Norwegians apart from these two companies. Since neither offers online poker, the strict blocking of foreign IPs will complete cut off the Norwegian poker players from playing online poker.

Norway Looks To Reduce Market Monopoly

While the new DNS blocks will help Norsk Tipping gain an advantage, there are also measures that will have to be implemented to ensure that their monopoly is not exacerbating gambling problems. Last year, Norsk Tipping earned a record profit of NOK 5.25b (US$665m), and saw a substantial 80,000 increase in its customer base. To protect problem gamblers, the new measure requires the monopoly to decrease their marketing activities.

Last year, the government also strengthened its stance against online gambling advertisements coming from international media outlets. The new measures grant powers to the Norwegian Gaming Authority (Lotteri-og Stiftelsestilsynet) to impose fines on companies who violate the Money Market Promotion Act.

The Government Pension Fund of Norway was also hit by the measures as they require the oil-based pension fund to decrease its investments in foreign gaming companies like The Stars Group, 888 Holdings, Paddy Power Betfair and Las Vegas Sands Corp, to name a few.

In addition to the IP blocks, the new mandate strengthens Norway’s previous order to halt all financial transactions related to online gambling payments. Last year, the NGA already ordered all banks and international payment processors to cease processing gambling transactions. Despite the order, Norwegians were still able to spend at least NOK 40,000 on international gambling sites. To make sure that the block is implemented, the NGA wants the power to demand banks to submit transaction information regarding certain companies.

The gambling curtailing measures come as a defeat for the Minister of Culture Trine Skei Grande, who wanted to create a licensing program for foreign gambling operators.

Carolyn Dutton

Carolyn is our legislation expert, with a background in law she is able to cover the current state of poker around the world

Share
Published by
Carolyn Dutton

Recent Posts

Melanson Is the New WSOP-C Playground Main Event Champion

Summary: Dustin Melanson has crushed the final table at the WSOPC Playground Main Event. The…

2 days ago

Nick Yunis Drops Out of SHRPO for the Birth of His First Child

Summary: Yunish abandoned the $1,100 Triple Stack No-Limit Hold'em in the middle of a heated…

1 week ago

Martinez Jr. Wins $100K in bestbet Jacksonville Main Event

Summary: Dimas Martinez Jr. has won over $100,000 in the RunGood Poker Series bestbet Jacksonville…

1 month ago

2024 PokerStars SCOOP to Run Between May 5-29

Summary: The Spring Championship of Online Poker will start on May 5. The highly-anticipated event…

1 month ago

2024 EPT Paris Champion Boatman Joins PokerStars Team Pro

Summary: PokerStars have made a shocking announcement regarding the latest member to join their Team…

1 month ago

Negreanu Makes Four Final Tables in PGT Mixed Games Series 2024

Summary: The PokerGO Tour series has ended with the completion of the PGT Mixed Games…

2 months ago