Seven operators affected by the order the blocking of payments in Norway

The Norwegian Gaming (Lottstift) in February ordered the country’s banks to stop processing transactions for the three operators of gambling. Thus, the total number of orders for the blocking of payments issued by the regulator, to seven.

 Earlier this month Lottstift issued orders for international and local banks for blocking transactions from accounts in Norwegian banks Firstclear Limited, a subsidiary of Kindred Group, Lucky Dino Gaming and Dreambox Games.

 Lucky Dino Gaming operates under license from the Malta gaming, while the Dreambox Games activity is regulated by the Tax and Customs Office of Estonia.

 In November 2018 the gambling regulator has sanctioned companies Betsson, Cherry’s Co-Gaming, Gaming Innovation Group and licensed in Malta and the UK operator L & L Europe Players Ltd.

 “To organize gambling in Norway without a license is not allowed, – said the representative Lottstift. – Norsk Tipping and Norsk Rikstoto – only gambling operators that have authorization for online gambling in Norway. The three Norwegian gambling laws clearly stated that no subject is not allowed to process payment transactions gambling operators that do not have the appropriate work permit https://getcasinoslots.com/free-online-slots/noble-gaming/ in the country. “

 According to the updated rules adopted last year after a public consultation, Lottstift can issue orders to ban using a specific account numbers for both Norwegian and foreign banks. The regulator said that he is currently working with 200 banks in order to ensure the effectiveness of the execution of these orders.

 The controversy over advertising

 Also, attempts to close the “loophole” that allows gaming operators to advertise their services on satellite channels that are broadcast to Norway from other countries.

 However, the operators disputed that. So, for example, Kindred Group filed a lawsuit against the Norwegian Ministry of Culture, the State Department, which controls Lottstift. The Company believes that the regulator is outside the scope of its powers by introducing unfair restrictions, including blocking of payments and the ban on the deployment of applications in the App Store in Norway. The matter is likely to be considered by the City Court of Oslo in the autumn of 2019.

 Earlier it was reported that Norway established a new industry organization, which seeks to promote initiatives to revise the restrictive policy in relation to gambling operators.

 See also: Gambling in Norway: the inside story

 See also: 2019: a calculated failure or the possibility of unprecedented prospects

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