Norway regulator has advised banks against accepting payments from six casinos based in Malta. Suspected of offering illegal gambling services, these online casinos will now be banned from receiving funds through Norwegian banks. The Norwegian Gaming Authorities carried this investigation since last year, with most of the casinos receiving warning letters as early as last year November. Read on to find out which companies were blocked from making payments at banks in Norway.
Malta-based Casinos Receive Warning
The operation to rid the Norwegian gambling industry off of unlicensed casinos has long been underway. In the interim, there were casinos found not been licensed with the appropriate local authorities, yet reporting of a Malta-based license. The gaming operator in question is Co-Gaming Ltd., Betsson, L&L Europe Players Ltd., the Gaming Innovation Group, Kindred Group and Lucky Dino Gaming Ltd. The latter were only sent warnings about their illegal operations earlier this month while the first four casinos received their notice letters in November.
Current Norwegian Gambling Laws
The Norwegian gambling industry is heavily regulated. Each and every web-based casino is required to be licensed by the local gaming regulator. The current Norwegian gaming law allows Norsk Tipping and Norsk Rikstoto to provide gambling services. The two entities are operated by the government, which provide casino games along with sports betting services. Some of the gambling sites under investigation created an organisation dubbed the Norwegian Industry Association for Online Gambling. It is tasked with circumventing the current laws that would allow offshore gaming sites to operate in Norway legally.
When asked for a comment, none of the companies mentioned could be reached. New Zealand players are in luck though, with a highly regulated and thriving gaming environment. Choose any of the casinos we recommend and enjoy a safe and secure gaming experience today.