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Norway’s gambling authority supports proposed unified gambling law

Regulation

Source: Lotteritilsynet (Norway)

Norway’s Lottery and Foundation Authority submitted its response to the proposed Gambling Act on 2 October 2020. It said the bill would bring three existing gambling laws together, strengthen oversight and place gambling policy under the Ministry of Culture.

The proposal would strengthen the authority’s oversight role and consolidate regulation of Norway’s gambling market.

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Regulation

Norway’s lottery authority requires organisations to report accounts within four months

Norwegian organisations must report lottery accounts to Lotteritilsynet within four months after a lottery ends. They must also confirm that prizes were distributed or that unclaimed prizes went to the lottery’s purpose; an assistant may report on an organisation’s behalf in some cases.

Organisations must report a lottery's accounts to Lotteritilsynet within four months of the lottery ending, the Norwegian regulator says. The accounts must be accompanied by confirmation that prizes were handed out or that unclaimed prizes went to the lottery's purpose.

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