Important Facts About Online Gambling in Norway
Online gambling is heavily restricted in Norway, which makes it tough for many players to enjoy casino games online. If you live in Norway and want to find out about the laws and regulations governing online gambling in the country, keep on reading!
Is Online Gambling Legal in Norway?
For the most part, gambling in Norway is illegal. There are only two companies allowed to offer gambling to Norwegian citizens – both of which are state owned – and other online gambling sites are prohibited from operating in the country. It is not just illegal for companies to offer gambling services in the country though – it is also illegal for people within Norway’s borders to engage in most forms of gambling. So, the basic rule is this: Norwegians can gamble online, but only at the two state owned sites, Norsk Tipping and Norsk Rikstoto.
It is still possible for Norwegians to access offshore online gambling sites though, although plans to block these sites are often mentioned by the government. What’s more, Norwegian law now makes it illegal for banks to process payments to any casinos throughout the world, even including land-based casinos in other countries.
Are Online Gambling Winnings Taxable?
Norway is known as a country with high taxes, however those who play at Norsk Tipping or Norsk Rikstoto do not need to pay taxes on any winnings. Those who play at online casinos not regulated by the state are expected to pay taxes though (although the fact that this practice is illegal means that most people probably don’t declare any winnings). Even Norwegian citizens playing at land-based casinos abroad have to pay tax on their winnings, and there have been instances of players being prosecuted. Those prosecuted are generally those who have won large amounts of money playing poker though.
How Norwegian Players Make Deposits at Online Casinos
Those playing at Norsk Tipping or Norsk Rikstoto will have no problems making deposits, and can do so using a wide number of options. When it comes to depositing at offshore casinos though, the task is much more difficult. This is because, as already mentioned, Norwegian law means that banks are not allowed to process payments to online casinos.
There are other methods used by Norwegian players to deposit at online casinos though. This is because there are no restrictions on banks making payments to e-wallets, such as Skrill and Neteller, and these can then be used to fund an online casino account.
The Best Software for Norwegian Players
Much of the casino software created by the biggest names in the industry is not available to Norwegian players at the two state run gambling sites. Unfortunately, the software used at these two sites is not of the same quality as software found elsewhere. Those who do decide to play at an offshore casino will find loads of great software providers offering their games though, and some of the best are Playtech, Microgaming and BetSoft.