Online Casino Law Specifics
Norway has gone the way of the United States and the country has interactive
gaming laws in place that are designed to keep foreign online casinos and
gambling companies from actively processing payments and transactions with
Norwegian gamblers. These laws are fairly new, and the Norwegian government is
still in the process of designing measures and actions that will support the
anti-gambling laws. The Norwegian Parliament fully supports the banning of
transactions with online casinos, and now it is a matter of finding the right
enforcement measures and actions that will actually keep foreign companies from
finding ways to circumvent the restrictive laws.
A lot of the online casinos targeting Norway right now are doing so out of a bit
of righteousness. The internet gambling, betting, and poker companies are
getting incredibly fed up with governments like Sweden and Norway who are
enacting laws that create an in-state gambling monopoly or push the online
casinos out of the market for what amount to insignificant reasons. The
rationale for stopping transaction with online casino gambling sites? Because
Norway has a high penetration of high-speed internet use it is a very attractive
market for the foreign internet gambling companies and the country needs to
protect the public for social reasons.
These new laws will likely take effect in the next several months since the
bills have so much support inside of Parliament and throughout the Norwegian
government. Online casinos are still pressing their case and asking the European
Commission to step in more aggressively and stop the implementation of a full
Norwegian block on internet gambling transactions. |