SectorWire
SearchRegister
MenuClose

Norwegian Lottery Authority supports Rikstoto’s NOK20,000 monthly loss limit

Regulation

Source: Lotteritilsynet (Norway)

Norway’s Lottery Authority backed Norsk Rikstoto’s proposed total limit of NOK20,000 per month or NOK60,000 over three months, while opposing a higher allowance for high-spending customers. The authority said the limit is intended to reduce gambling harm and must apply to all players; Rikstoto’s horse-racing surplus may fall as a result.

The proposed cap would constrain player spending and losses across Norsk Rikstoto’s offer, including for high-spending customers.

Request a correction

Flag an issue

Keep reading

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.

Continue reading