{"id":3894,"date":"2018-08-23T12:35:51","date_gmt":"2018-08-23T12:35:51","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=3894"},"modified":"2018-08-23T12:35:51","modified_gmt":"2018-08-23T12:35:51","slug":"norway-asked-to-rethink-blanket-ban-on-offshore-operators","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/norway-asked-to-rethink-blanket-ban-on-offshore-operators\/","title":{"rendered":"Norway Asked To Rethink Blanket Ban On Offshore Operators"},"content":{"rendered":"

\"norway\"The online gambling industry across the Europe<\/a> has grown at a rapid pace as technology continues to evolve and give gaming operators more opportunities to reach a wider audience and market their services. Norway has a legalized gambling industry but the same is limited to only two licensed providers in the country who are owned by the state.<\/p>\n

Norway has tried to retain its monopoly over its online gambling industry by taking stringent measures to keep out offshore operators. <\/p>\n

The gaming regulator has asked payment processors in the country to stop processing all transactions that originate from offshore gaming providers.<\/p>\n

This is one way of keeping offshore operators from providing services to Norwegians as a block on payment processing literally stops them from processing all deposits and withdrawals. The move to ban payment processing for offshore gaming providers has been noticed by the European Gaming & Betting Association<\/strong> (EGBA) who was not very happy with the decision.<\/p>\n

The EGBA has advised Norway to change its stance on banning offshore gaming operators<\/a> reminding them that the market has changed considerably over the years and the market monopoly model was no longer sustainable in this day and age. EGBA Secretary General Maarten Haijer<\/strong> advised Norway to set up new gaming regulations that allow both domestic and offshore operators to co-exist and offer services to Norwegians in a gaming environment that is well regulated.<\/p>\n

Follow Sweden’s Example<\/h2>\n

In a statement, Haijer said <\/p>\n

This can be easily achieved through a national licencing regime, such has been recently introduced in Sweden<\/a>, which would enable the Norwegian gambling authority to bring the activity of foreign websites under its control, alongside existing state-owned operators. That\u2019s exactly what the overwhelming majority of European countries have been doing, and that\u2019s exactly what we are urging Norway to do<\/p><\/blockquote>\n

Norway has come down hard on offshore gaming operators in recent times because their business flourished and they grabbed a significant share of the online gaming market cutting into the profits the state owned Norsk Tipping. This was a problem for the government as Norsk Tipping<\/strong> provides a number of charities with revenue that allows them to carry out a number of beneficial activities in the country. <\/p>\n

The EGBA did highlight the fact that it was only making recommendations concerning Norway\u2019s gaming environment and was not directly any criticism against the gaming board.<\/p>\n","protected":false},"excerpt":{"rendered":"

The online gambling industry across the Europe has grown at a rapid pace as technology continues to evolve and give gaming operators more opportunities to reach a wider audience and market their services. Norway has a legalized gambling industry but the same is limited to only two licensed providers in the country who are owned […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-3894","post","type-post","status-publish","format-standard","hentry","category-legislation"],"yoast_head":"\nNorway Asked To Rethink Blanket Ban On Offshore Operators<\/title>\n<meta name=\"description\" content=\"Norway has tried to retain its monopoly over its online gambling industry by taking stringent measures to keep out offshore operators.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.top10casinowebsites.net\/news\/norway-asked-to-rethink-blanket-ban-on-offshore-operators\/\" \/>\n<meta property=\"og:locale\" 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