Norway is on the verge of becoming Europe’s last country with a gambling monopoly, as debates intensify over whether to introduce a licensing system for betting operators. While proponents argue that regulation could boost funding for sports and volunteering, critics fear it may lead to increased problem gambling and a loss of public funds. Push for Licensing Gains Momentum Tage Pettersen of the Conservative Party is leading the push to replace Norway’s gambling monopoly with a regulated licensing system, drawing inspiration from Denmark, Sweden, and Finland. He argues that such a model would offer better oversight of gambling companies, stricter measures for preventing gambling addiction, and a significant financial boost for sports clubs and voluntary organizations. A report from Menon Economics estimates that shifting to a licensing system could generate an additional NOK 2–2.5 billion annually for sports and volunteering. Pettersen also highlights that Finland, which is phasing out its monopoly by 2027, expects to increase gambling funds by NOK… Read More
Category: News
Source: Casino News Daily
