Regulator calls on Norsk Tipping to launch betting loss limits
Norwegian regulator Lotteri-og Stiftelsestilsynet has called on monopoly operator Norsk Tipping to reduce the availability and number of casino games on its site, and for the introduction of loss limits for sports betting.
In the regulator’s 2021 annual report, it found that both customer and turnover numbers reached a record high for Norsk Tipping, one of the country’s two monopolies alongside racing operator Norsk Rikstoto.
“There may be several reasons for the growth,” the regulator said. “One of the reasons may be that people through the corona pandemic have had more free time due to restrictions in leisure activities.”
This came despite the operator reducing its monthly loss limit for “high-risk” games from NOK10,000 (£869/€1,037/$1,117) to NOK7,500 in December 2020, before cutting it further, to NOK5,000, in September 2021.
While it noted that this represents a success for channelisation, the regulator added that it had asked the operator to strengthen its player protection ..