Norway On Track for Regulated Online Gambling

Norwegian Culture Minister Thorhild Widvey is seeking to liberalize Norway’s online gambling laws.

Norway’s ambition to legalize on line gambling has moved one step closer: the country’s community Committee has requested an effect assessment on dramatic legislation proposals that could completely open up the marketplace. The committee will closely examine the experiences of other countries, such as for example Sweden, Denmark together with UK, before drafting its own legislation that the federal government hopes to implement year that is next.

Norway currently has some of the gambling controls that are tightest in Europe. Online gambling is essentially illegal in the united states, with just two companies that are state-owned to provide restricted games of possiblity to its citizens, Norsk Tipping and Norsk Rikstoto. Norsk Tipping offers games like lotteries, keno plus some sports betting, and falls under the jurisdiction associated with Ministry of society and Church affairs, which ensures that players are just permitted to place bets at certain times of the day and imposes restrictions in the amount players are allowed to bet. Norsk Riksoto, meanwhile, provides parimutuel wagering exclusively for horseracing.

Nothing to Bank On

In 2010, the federal government passed a law that banned banks that are norwegian processing all forms of gambling transactions, online and live, not just within Norway, but all over the planet, basically barring Norwegians from utilizing their credit cards to gamble in overseas jurisdictions, even where such practices are appropriate. That means that, currently, Norwegian visitors to Las Vegas, for example, may struggle to spend their hotel bills because the resort hotels offer gambling.

Presumably this statutory law was introduced because Norwegians who fancy a wager frequently embark on gambling trips abroad. As such, the Norwegian Poker Championships is an itinerant event that has been held, through the years, in such diverse places as Stockholm and Dublin, as poker tournaments are illegal and there are no casinos in the mom nation.

Despite this, Norway has somehow been able to maintain a thriving poker community, one which has produced numerous poker champions throughout the years, from Annette Obrestad to Johnny Lodden to Andreas Hoivold, all of whom cut their teeth playing on illegal offshore websites, along with thousands of other Norwegians.

Thawing of Attitudes

Norway’s aspire to control and willingness to throw its borders open to licensed foreign online gambling sites, then, is just a major overhaul and, while the exact nature associated with legislation is yet to be drafted, it additionally appears to be an admission that prohibition isn’t working. Undoubtedly, there has been a thawing of attitudes within the national government, especially towards poker.

A recent report, the biggest survey ever conducted in the Sweden, concluded that poker ended up being certainly one of the ‘safest’ gambling games, scoring at a comparatively low risk element for issue gambling. Another report estimated that offshore operators are using $120 million to $170 million in gross video gaming revenue from Norwegian citizens each year, a sum that might be taxed by the government in a market that is regulated.

And Norway, it seems, is additionally waking up to the slightly awkward state of affairs that will require its most readily useful poker players to travel abroad every year to attend the Norwegian Poker Championships.

‘I hope we can have a regulatory framework in place in time for the Norway Championship of Poker become held in Norway in 2015,’ Culture Minister Thorhild Widvey said recently.

Ultimate Gaming Severs New Jersey On The Web Ties

Ultimate Gaming has accused the Trump Taj Mahal of ‘multiple breaches’ that led towards the end of their partnership; the online operator shut down its NJ operations this weekend. (Image: Ultimate Gaming)

Ultimate Gaming never took off in New Jersey, trailing far behind offerings by companies like partypoker (partnered with the Borgata) as well as the Caesars/888 partnership. Now, with their land-based partner Trump Taj Mahal likely to close later this year, Ultimate became the first online gaming business to bow from the nj-new Jersey market.

The shutdown regarding the Ultimate Gaming sites, including a casino that is reasonably popular and a struggling poker room, happened at 11:59 pm EDT on Sunday night. That followed a Friday announcement that the business had ended Trump Taj Mahal Associates to its relationship, following ‘multiple breaches’ of contract by the casino company.

‘We are grateful towards the State of New Jersey plus the brand New Jersey Division of Gaming Enforcement for allowing us to be one of the primary companies to create gaming that is online the residents of New Jersey and appreciate their leadership as certainly one of the first states to allow on line gaming,’ said Ultimate Gaming Chairman Tom Breitling.

Ultimate and Trump Had relationship that is tenuous

Trump Entertainment Resorts, which is the parent company that runs the Taj Mahal, hasn’t commented on the Ultimate shutdown. Nevertheless, the closing of this Ultimate web sites comes after a tumultuous relationship between the Internet gambling firm plus the Atlantic City casino.

In the most successful Atlantic City partnerships, brick-and-mortar casinos have worked with their online software providers to help market and promote the sites. Ultimate Gaming received few such advantages of the Taj Mahal, making Ultimate to mostly market the website on their own.

That left the company in a spot that is tough which especially revealed up in its poker numbers. Ultimate Poker never ever discovered much success in brand New Jersey, with the poker room ranking at or close to the bottom of web sites in the state, with regards to both revenue and traffic throughout its presence. The business’s casino product (UCasino) fared better, getting over $4.4 million in income through August in 2010. However, that still lagged behind the other Internet gaming operations in Atlantic City.

Player Funds Can Be Withdrawn

Players still have actually several days in which to access their Ultimate Gaming accounts and withdraw funds. After September 28, Ultimate will start automatically processing refunds to players at their subscribed addresses.

‘We are working closely with the Division of Gaming Enforcement to make certain a transition that is smooth our online gaming customers as we wind down our brand New Jersey operations,’ Breitling said.

The Trump Taj Mahal is presently undergoing Chapter 11 bankruptcy reorganization, also it’s likely that Ultimate Gaming will be concerned in those proceedings going forward. Fertitta Acquisition, business linked with Ultimate Gaming owner Station Casinos, is listed as a creditor owed nearly $1.5 million from the casino.

The headlines will not affect Ultimate’s operations in Nevada, where they operate Ultimate Poker. That site currently ranks second when it comes to traffic in the Nevada online poker market, and Breitling states more improvements are arriving at their computer software package there.

Ultimate is not the company that is only New Jersey that might be impacted by troubles at Atlantic City casinos. Betfair was formerly partnered with Trump Plaza, which shut its doors earlier this month. While the Department of Gaming Enforcement has temporarily allowed Betfair to operate with no brick-and-mortar partner, it appears unlikely that this kind of arrangement would be allowed to carry on indefinitely.

EU Match-Fixing Treaty Garners 15 Nation Support

Fifteen European nations have actually agreed to sign a treaty that is targeted at fighting the problem that is all-too-common of. (Image:

A new EU match-fixing treaty to be finalized by 15 European nations will address a significant sports issue that has proceeded to plague league after league throughout the world. Match-fixing is a scourge that hurts fans, sports tournaments, and truthful gamblers and bookmakers alike.

That’s why combating match-fixers is becoming this type of hot button problem in the wonderful world of sports in the last few years, with governments and bookmakers teaming up with organizations like FIFA and the International Olympic Committee in an attempt to stamp it out.

Now, these 15 nations in Europe have agreed to come together in purchase to prevent and punish match-fixing around the globe. Last Thursday at the Conference of European Ministers of Sport in Switzerland, the nations finalized the Convention on the Manipulation of Sports Competitions, pledging to greatly help promote integrity in sports inside their nations.

EU Nations Sign Convention

The signatories include several major European nations. The countries within the convention were Armenia, Azerbaijan, Bulgaria, Denmark, Finland, Georgia, Germany, Greece, Lithuania, Montenegro, the Netherlands, Norway, the Russian Federation, Serbia and Switzerland.

By signing the convention, these countries have actually agreed to boost the flow of data and improve cooperation between national and international figures, including sports books, leagues and competitions, and governments. Sports regulators that are betting operators are expected to take more steps to combat fraud, while governments are expected to use legislation and other measures to protect the integrity of matches.

‘This convention is a major step of progress for integrity, ethics and transparency in sport,’ said Thorborn Jagland, the Council of European countries’s Secretary General.

The European Commission called the treaty a ‘new milestone’ in the battle against match-fixing. The human anatomy played a role that is critical helping to bring together the meeting during the last two years.

‘Match-fixing is a cross-border issue and action at European degree is essential if we are to combat this scourge,’ said Androulla Vassiliou, the European Commissioner for sport.

Sports Betting Groups Approve Treaty, With Reservations

Reaction from sports betting organizations was also largely positive. Groups including the European Gaming & Betting Association (EGBA) and the Remote Gambling Association (RGA) came out in support for the convention, also when they may have had some reservations.

‘It is our hope that [the convention] will further set the tone for the more cooperation that is effective all stakeholders to eradicate match repairing,’ said EGBA secretary general Maarten Haijer. ‘However, we are award that the CJEU [the Court of Justice of europe) has rightly been asked to provide its opinion on the compatibility of this concept of ‘illegal recreations betting’ with EU legislation, and consider that the application of at the least this provision must be postponed before the CJEU has provided appropriate clarity.’

RGA chief executive Clive Hawkswood said that bookmakers worked difficult to ensure no bet that is particular had been banned in the convention.

‘The regulated gambling sector worked difficult to explain why measures with this sort would not make any material difference to the integrity of sport,’ Hawkswood said. ‘What we have now is really a relatively balanced and workable framework, which rightly seeks to mirror the range of existing national regulatory frameworks as opposed to replace them.’

The convention was set to enter into effect 90 days after it received at the very least five signatories, at least three of which were EU Member States. Since that threshold ended up being reached on Thursday, the meeting will begin January 1, 2015. Other nations can be a part still for the meeting; since the treaty was created to fight against corruption worldwide, nations do not have to be in European countries to sign up.