The beautiful Scandinavian country of Norway sits on the coast of the North Atlantic and shares borders with Sweden, Finland, and Russia. The country is well-known for its awe-inspiring scenery, long summer days, and a high standard of living. It is also respected for healthcare, social programs, and a very low unemployment rate. With so many people having a fair amount of disposable income, it should come as no surprise that Norwegians love to gamble.
Gambling in Norway is a state monopoly operated by Norsk Tipping and Norsk Rikstoto. Norsk Rikstoto oversees horse racing while Norsk Tipping oversees the lottery, sports betting, poker, and a few other activities. There are currently 7 casinos and 6 horse tracks operating in this country and residents are allowed to place online bets with state-run sites. It is technically illegal to place wagers with foreign gaming operators but players are not punished for doing so. This means that Norwegian online casino players are more or less free to participate in online gaming with foreign sites. The only real attempt to stem this practice was the introduction of the Payment Act which requires banks to block credit card and debit card transactions with gambling sites. Luckily, there are several easy ways to get around this.
Top 10 Gambling Sites for Norway
What are the Best Gambling Sites and Promotions for Norway?
Hundreds of internet gambling operators are competing for their share of the Norwegian gambling market and this means that Norwegian online casino players are being offered a whole lot of valuable bonuses. Expekt, Betsafe, Betsson and Nordicbet are welcoming new customers with up dedicated NOK casino bonuses, up to 5000 NOK. It is a cinch to get your hands on €100 in casino betting bonuses at Casino Luck, Jetbull or Lsbet. Norwegians love the €300 casino bonus package that is available at Boyle Casino and they adore the €500 welcome bonuses that Aladdin’s Gold are offering.
Norwegian online poker players can also get in on the bonus action. GoldBet and TonyBet have very generous up to€500 poker bonuses waiting for you. Many Norwegian online poker players have gotten in on the $2,000 poker bonus packages at WhiteBet and SportsBetting as well as the poker bonus packages valued up to €2,500 that RedBet and RedKings have waiting for you.
How Regulated is the Norwegian Gambling Market?
Gambling in Norway is a state-owned monopoly that this run by Norsk Rikstoto and Norsk Tipping. These entities keep a firm grip all legal gambling activities. Internet betting with foreign gaming sites is illegal and the government passed the Payment Act to stop banks from processing transactions between foreign sites and Norwegian players. While players are not penalized for placing wagers with foreign internet operators, the offending gaming companies face stiff penalties.
Is Gambling Legal in Norway? What is the Legal Gambling Age?
Gambling in Norway is legal as long as it is done with the state-run Norsk Tipping or Norsk Rikstoto which runs the lottery, sports betting, poker, and horse racing to name a few. Norway has a few casinos but they are a little different from the traditional model. Online gambling is considered illegal but authorities do not punish offending players. There are well over 300 online gaming sites that accept bets from Norwegian bettors. The legal gambling age here is 18 and it is strictly enforced.
Does Norway Tax Gambling Winnings?
For the most part, gambling winnings in Norway are not taxed. If you win outside of Norway then you will be subject to income tax on winnings that exceed NOK 10,000. Winnings from state-operated enterprises are exempt.
What Currencies and Payment Methods do Norwegian Players Generally Use?
The Norwegian Krone is the official currency of Norway and it is accepted almost everywhere in the country. One place that cash is not accepted is at interactive gaming machines and some other gambling platforms. Instead of using cash, players must use a preloaded card that is issued by Norsk Tipping. With the Payment Act in effect, banks must block credit/debit card transactions and bank wires to gambling sites. This leaves eWallets such as Skrill and Neteller as the best option. Norwegians should check with their favorite gaming site to find out what methods are available to them.