Lottery
September 26, 2022
Kindred Group to Appeal Hefty Fine by Norwegian Lottery Authority
Stockholm-listed gambling operator Kindred Group is going to appeal the decision by Lotteritilsynet (the Norwegian Lottery Authority) to fine its Malta-based subsidiary Trannel with NOK 1.198 million ($117,164) per day starting on October 5. Kindred Group Continues Operations, as Usual, Awaiting the Court Decision Kindred Group CEO Henrik Tjärnström has announced that his company is […]
Legal
September 16, 2022
Kindred’s Trannel Fined NOK1.2m per Day by Norwegian Regulator
A subsidiary of Kindred Group was issued with a hefty fine for operating without a license in Norway and refusing to stop operations, the Norwegian Lotteries Authorities confirmed Thursday. Illegal Operations to Cost Annual Income Trannel, the Malta-licensed subsidiary of Stockholm-listed Kindred Group and operator of the group’s flagship Unibet brand, which is the main […]
Legal
September 16, 2022
Norway to Fine Trannel for Repeated Refusal to Leave
At the beginning of 2022, Lotteritilsynet, Norway’s gambling regulator, warned Kindred Group that it risks fines if it continues its unlicensed operations in the country. The authority is now preparing to penalize the operator as the latter refuses to have its subsidiary quit the Norwegian market. Lotteritilsynet Warns Trannel for the Last Time Trannel International […]
Industry
September 1, 2022
Norsk Tipping Reduces Ads Following Triumph over the Black Market
Norway’s national lottery operator, Norsk Tipping, announced it will no longer promote its sports betting services on TV. This decision comes soon after the country’s major broadcasters vowed to stop promoting unlicensed operators. Norsk Tipping to Reduce Ads Earlier this year, the Norwegian Media Authority, the country’s media regulator, found out that the five biggest […]
Industry
August 19, 2022
Norsk Tipping to Reduce Visibility of Aggressive Games
Norsk Tipping, Norway’s state-owned gambling operator, will change its TV marketing strategy. The company announced that it will take high-risk people in mind and adjust its advertisement accordingly. Norsk Tipping Vows to Do Better Norsk Tipping plans to reduce adverts that promote some of its more aggressive games. This includes both TV ads and marketing […]
Casino
July 15, 2022
Norwegian Gambling Authority Praises Media Authority for Continuing Gambling Ads Ban
The gambling authority in Norway has congratulated the media authority for holding on to its firm decision to keep banning gambling advertising on TV. The decision was not received well by media broadcasters. Among them, Altibox and Telia, two companies that required the regulations to go through a process of revision for allegedly contradicting European […]
Industry
June 30, 2022
Scout Gaming to Lay Off Workers amid Financial Trouble
Scout Gaming, a B2B fantasy sports provider, announced that it has found out about $1.7 million of financial commitments dating to 2021. Subsequently, the company announced that it will be cutting its workforce in half and diluting its shares by 90%. Scout Gaming Identified a $1.7M Black Hole The findings were first mentioned in a […]
Legal
June 23, 2022
Kindred Group’s Trannel Lost Appeal with Oslo District Court
Online gambling operator Kindred Group received another blow in its legal battle to operate in Norway after a court in the capital sided with the country’s gaming regulator and ordered the operator to leave the market. Legal Setback for Trannel Trannel, a Malta-licensed subsidiary of Kindred Group, lost its appeal in the Oslo District Court […]
Industry
May 23, 2022
Betmakers to Power NorskRikstoto with a New Solution
NorskRikstoto, Norway’s only horse racing operator, has selected BetMakers’ Global Tote as its new provider. Thanks to this agreement, Global Tate, which is owned by BetMakers will distribute its Quantum tote to NorskRikstoto and replace the current pari-mutuel wagering system of the operator. NorskRikstoto Is Looking To Become More Competitive in the Market The director […]
Industry
April 8, 2022
Norwegian Media Authority Orders 5 TV Distributors to Halt Foreign Gambling Ads
Last November, Norway asked the European Commission for permission to use DNS blocking for gambling operators opposing cease and desists requests. The request marked a new attempt to gain better control over the websites that can be accessed by gamblers in the country and it came several months after the Broadcasting Act granted the Norwegian […]