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Though Norway is a member of the European Economic Council, it is not a member of European Union and there are many things about Norway and its people that make this small Scandinavian country different as far as online gaming is concerned. Here, gambling at foreign casinos is not legal and there are many restrictions imposed even on licensed casinos. In such a scenario, it is not a surprise that iGamers face difficulties in depositing and receiving their winnings from casinos.
Payment for a winner in an online casino in Norway is not quick and easy as is the case with other European nations. Much of the thrill and excitement of the gambler fizzles out because of the restrictions in payment processing by online casinos. Then, there are problems in completing a transaction when a player is sure of a win but his payment is not processed by the online casino. Most players have no clue how Norwegian government places restrictions in the name of security and regulations. This is because gamblers do not get to face these problems directly.
It was in 2017 that Norwegian government tightened the screws on the banks and they in turn tightened the noose around online casinos. Government asked banks to block payments to foreign online casinos. Major players in gambling industry such as Entercash and European Gaming and Betting Association opposed these regulations imposed by government and challenged them in the court of law. But it was the government that had the last laugh when an Oslo district court ruled in favor of regulations imposed by the authorities.
Online gambling at unlicensed casinos is illegal in Norway with the country enjoying a monopoly through Norsk Tipping and Norsk Rikstoto casinos, which are licensed. Despite such a stranglehold, large numbers of N… Read More
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