While some people may disagree, gambling is something we do daily and part of life as well. Typically, we gamble on our future and whether our decisions are right or wrong. The other most common form of gambling we do is in casinos and sports. Gambling has become another name for offline and online casinos and sports betting. According to Norway’s most significant resources regarding casino information, gambling is prohibited for non-state owners. Thus, this makes it a national market. If you are a newbie or have been in the gambling industry for a while, you might want to check out a list of the best casino online in Norway. This will save you the time, money and energy of jumping from one site to the other looking for great deals.

State-Owned Betting

Norway does not allow betting unless it is state-owned. Norway has two institutions that deal with gambling and betting-related opportunities and content for Norwegians. One of these institutions includes Norsk Tipping, the mother of lottery, sports betting and betting at large. Therefore, if a bookmaker is unrelated or associated with Norsk Tipping, it becomes illegal. State-owned gambling ensures that foreign businesses do not operate in the state, a common tactic most Nordic countries use. They monopolize specific and crucial industries to protect their people. Norsk Rikstoto, on the other hand, involves a narrow and quite simple institution. It is specific on betting on horse and horse racing and gambling.

Gambling Rules in Norway

Like in many other countries, the gambling rules in Norway are not that strict. However, the government requires that all casinos be state-owned to have complete control over the market. You must have attained the age of 18 years for you to be allowed to gamble. Otherwise, it will be considered a criminal offence if you are or permit persons under 18 years to gamble at your premises.

How Does Norway Differ from Denmark in Gambling?

When comparing different states’ ways of governing casinos with Norway, you do not have to look any further than Denmark. Denmark will allow you to see a whole new gambling culture and sports betting. One of the significant differences you will note between the two countries is that Denmark eliminated the gambling monopoly in 2008. This has encouraged more foreigners to invest in the country leading to more growth in the Danish betting market. However, most of the other rules governing casinos in Denmark resemble those found in Norway.

On the other hand, the Nordic country’s gambling culture dramatically differs from the one in south European countries. For instance, Spain usually has a big yearly lottery around Christmas that aims to deliver charities. This is not practiced in Denmark or Norway.

Betting involves activities that will boost a country’s economic growth. Therefore, countries should always be open and welcome casino investors. However, they must put measures in place to govern the casinos. This ensures that these entrepreneurs do not exploit the citizens.