The Ministry of Culture & Equality in Norway has launched a consultation on the country’s new proposed Gambling Act. This new Act will replace the existing Lottery Act, Totalizator Act and the previous Gambling Act and the draft legislation is open to comments from stakeholders until August 5th.
Although much of the proposed new law would consolidate aspects of the previous three Acts in place, there are a number of proposed updates to the rules of enforcement, most significant of which would be the introduction of ‘Infringement Fees’ of up to 10% of gross turnover should the regulator determine that rules laid out in the Act have been broken.
In Norway, only the monopolies Norsk Tipping and Norsk Rikstoto may offer online gambling and the Norwegian Industry Association for Online Gaming was critical of this Bill when first introduced for preserving this monopoly model.
If approved, new Gambling Act will come into force on January 1st, 2023.
