In recent times, gambling in Norway has changed a lot. Many people do not know that gambling is legal in Norway with restrictions though. You can play a wide range of games, including lottery, betting on the race, casino, poker, slots, and more in this country.
Here are five more facts that you should know about online gambling in Norway.
#1 Online Gambling Is Legal in Norway (with restrictions)
Gambling is illegal in Norway for a long time, but recently the country has legalized online gambling though through the state-owned companies Norsk Tipping AS and Rikstoto. The games available at online casinos are very much similar to land-based gambling portals.
You can play slots, blackjack, roulette, and much more on your smartphone or online. But, to play online gambling, you must be 18 years of age or older.
Also, note that not all gambling sites are regulated, and there are chances for shady sites to take advantage of the rules. So, if you want to play casino online, make sure you use an authorized site or app. Purchase from trusted sites like casinoer.io when playing casino online.
#2 Taxes of the Players
When you earn profit from online gambling operated outside the European Union, you may need to pay taxes. However, the profits of the premises, as well as the online sites operated by Norsk Tipping AS, are exempted of the taxes.
But the tax rate is not too high in Norway. Though if the prize exceeds 10.000 Norwegian kroner, you can expect to be taxed 28%. But this is only when you use games licensed by Norsk Tipping AS. If you find a foreign gambling service, you might be taxed differently.
#3 Minimum Gambling Age
The minimum age to play a casino online or any gambling game in Norway is 18. But the person of age eighteen allows playing only lotteries, keno, bingo, online casinos, and non-profit table games.
Also, bars and beers are for eighteen-year-olds and older than that. If you are under the legal age of playing online casino, but looking for an online casino in Norway, then try casinohjelpen.com.
#4 Authorized License is a must
According to the law, any business that is involved in gambling must hold an authorized license from Norwegian Gambling Authority. It helps to protect people from gambling fraud, which is a frequent criminal offense in the country.
To regulate the gambling market, Norway has split it into two distinct sectors. Gambling and betting will consist of competitive games that help skilled players to earn money.
Another category is for bingo and the lottery. Further, there are more categories for state-owned casinos and gambling.
As far as gambling is concerned, Norway supports gambling, and it is legal in this country. You can bet on online games created by authorized operators.
If you want to try your luck in gambling, then an online casino is a good start.
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