Norway, the Government strengthens the block on payments to face the illegal online

Norway, the Government amends the gaming legislation to deal with the illegal online offer, and protect the monopoly of Norsk Tipping. In particular, it intends to block payments to and from unlicensed operators: the ban had already been in force since 2011, but banks have long asked for clarifications, and the Government has now adopted an interpretative amendment that clarifies the exact scope. Banks, credit institutions and money transfer companies will have to verify the individual transactions and notify the gaming regulator, the Lottstift, of suspicious transactions. The regulator will therefore also have the power to block suspicious credits on players’ current accounts.

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DOMENICO DRAGONE

iGaming expert - with over 10 years of experience in the retail market in Italy and knowledge of global online gaming. In the past he has worked with the largest national gambling companies and he managed some land-based shops on their behalf. Entrepreneur, investor and enthusiast of difficult challenges, in 2015 he founded The Betting Coach Group, an international news and social marketing agency geared towards sports, esports and gambling companies. He is currently the C.E.O of The Betting Coach and is a consultant for Loginbet.it Mr. Dragone collaborates with providers (game developers) and event organizers with the aim of helping them develop networks and business across continents. Passionate about journalism, he is the creator and promoter of iGaming Cafè, the first talk show in Italy, dedicated to companies and delegates from the gaming world.

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