Latest European Gambling Regulations

There are many opportunities for online gambling, whether you choose Norwegian or international platforms. But it is important to stay up to date with the latest gambling regulations so that you know exactly what to expect. In this article, we will look at the regulations that apply to you as a Norwegian so that you know what to expect.

Online gambling is something that many Norwegians enjoy, but when choosing the best online casinos, it is useful to use reliable sources of information, such as this https://norwaykryptocasino.com/casinobonus-uten-innskudd/. There are many unreliable sites, so choosing the right one is extremely important.

Choose an online casino in Norway

There are many Norwegian online casinos to choose from, and it can be interesting to take a look at some of the trends in the industry before making your choice. So below you will find some statistics for 2022. Maybe some of them will inspire you? There are many games to choose from, and no matter which Norwegian online casino you choose, you will usually be able to choose from a large selection of different games, and not least from many different types of games.

New games and platforms are constantly being introduced, and you as a player can choose from anything, with a total of 6,780 new games launched in 2022. When you choose a casino in Norway with pages in Norwegian, the choice is of course not as large, but there are still many, many games to choose from.

Monopoly on gambling in Norway

Players are responsible for keeping up to date with the latest gambling regulations, but there is a big difference between what applies to the sites themselves and what applies to players. Sites must comply with the Norwegian rules contained in these rules, but for Norwegian players, a completely different thing applies.

As far as gambling regulations are concerned, the rules for Norway are quite simple and there is no prospect of them developing. Norway has had a long-standing monopoly on gambling, and these rules were last upheld by a court only recently, so there is no sign of any change in this regard.

Many initiatives are being launched against the numerous foreign platforms used by Norwegians. Here are some examples:

• Blocking of websites.
• Rules prohibiting banks from depositing/withdrawing money from foreign casinos.
• Restrictions on the payment methods that Norwegians can use on foreign websites.
• Norsk Tipping and Norsk Rikstoto have expanded their offerings, particularly online, to offer services that are more similar to foreign casinos, to make them more attractive to Norwegians.

Stricter rules on taxes related to winnings at foreign casinos, and other incentives related to choosing one of the Norwegian platforms.

Also check: What are Gacha games?

What is legal and what is not for Norwegian players?

When it comes to what is legal in gambling, both online and in real life, there is a big difference in the rules that apply to platforms and players. For Norwegian players, gambling is usually legal if they follow Norwegian tax rules, but platforms can be fined large amounts if they do not follow Norwegian rules. The confusion between these two things makes many Norwegian players afraid to gamble online, so below you will find some of the most important rules that you as a Norwegian player must follow in order to comply with the rules.

• As a player, it is your responsibility to always familiarize yourself with the current rules.
• You can play on foreign platforms, but the rules are different than those of Norsk Tipping or Rikstoto.
• You must report all winnings, even those that are less than the amount you are taxed on. All winnings are included in your total, so it is important that everything is reported.
• Your winnings should be part of your tax return every year.
• It’s not illegal to play on foreign platforms, but it is illegal to not report your winnings – regardless of what currency you play and win in.

You must report your cryptocurrency profits in the same way you would any other currency. Cryptocurrency profits are still considered income even if you can’t withdraw them in fiat currency – something that many people don’t know.