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The online gambling industry in Norway is a relatively new one, but it has seen some rapid growth over the last decade. Norway is one of the first countries in Europe to legalize online gambling. Moreover, its laws make it easy for players from around the world to play on Norwegian websites. In this guide, we’ll explain everything you need to know about online gambling in Norway so that you can start playing with confidence!
Table of Contents
The History of Online Gambling in Norway
Norway is a small country in the north of Europe, bordered by Finland and another country where gambling is popular, Sweden. It’s known for its beautiful fjords with spectacular mountains and waterfalls, as well as for its high standard of living.
However, crucially important amendments were made just last year. Those who operate within these two companies must now pay taxes on their earnings from online gambling operations within Norway only. This means that if you’re caught operating illegally outside these two monopolies’ jurisdictions and making money from your Norway-based business—even if there’s nothing illegal about what you’re doing—the state will still demand a 30% tax from all proceeds earned through such operations because they took place within its borders!
The laws have been in place since the 1970s, but gambling was legalized in 1902. In 2005, Norway made it possible for the first time for people to gamble online on their internet connection. There is only one company that is legally allowed to offer online gambling and casino games, Norsk Tipping AS (Norwegian lottery).
In 2010 Norway enacted a payment-blocking system. They did this to prevent money transfers between foreign gaming operators and Norwegian residents. An advertising ban on TV adverts broadcast from abroad went into effect in 2021, but this also included advertising via social media channels such as Facebook.
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Online Casinos in Norway Today
The legal status of Norway casino sites is somewhat complicated. It’s important to know that it’s completely possible to play casino games online and even deposit money into your bank account.
For you to play at an online casino Norwegian website or use their services, you must be a Norwegian citizen over the age of 18 years old. If you aren’t from Norway, consider using another country’s best ToppCasinoNorge instead. Playing at Norwegian and offshore websites offers a wider range of casino games and services.
However, once you’ve chosen Norsk casinos that accept players from Norway and registered with them (which usually only takes a few minutes), then all bets are off! Players will get access to the best games at any casino Norway offers, including slots, card games like blackjack, and roulette (or craps)…the list goes on!
Norwegians Love Slots at Online Casinos
Slots are the most popular online casino games in Norway. Many players start their gambling journey with slots because they don’t require a huge bankroll. Moreover, slots are easy to play, and the chances of winning are high.
Players can access them via offshore gambling sites or through Norsk Tipping. In 2007, slot machines were banned from Norwegian casinos and replaced with video terminals (IVT). These IVTs feature interactive elements such as video poker and roulette. They are still technically considered “slot machines.” They’re regulated by Norsk Tipping, the organization responsible for managing the state lottery. Lastly, playing slots has strict age restrictions for 18+ years old only!
International Gambling Site Payments
In Norway, you can make payments to international gambling sites in the local currency, Norwegian Krone. The payment methods include Visa, MasterCard, and Skrill.
Payments are processed by PaySafeCard and Trustly. However, it’s important to note that there may be some restrictions on your account depending on which payment method you choose.
Conclusion
We hope you enjoyed learning about online gambling in Norway. The country is known for its friendly people and beautiful views, but it’s also a great place to play online games. As long as players follow the law and do not gamble excessively, they can enjoy an exciting experience!
