Skip to main content

Norwegian Gaming Authority Bans Malta-Licenced Casino Payments

Recently updated on February 17th, 2019

In a report by the Times of Malta, six Malta-based gambling companies had their transactions banned by the Norwegian Gaming Authority, Lotteritilsynet. The watchdog ordered its banks to block all payments linked to gambling-related transactions. Read on for more.

According to the spokesperson of NGA, Norwegian banks are restricted from transferring money to accounts held by six gambling companies licenced in Malta. These “illegal” companies are marketing themselves in Norway. And are offering betting services to punters in the country without permission. In November, the watchdog sent warning letters to Betsson, Co-Gaming Ltd., L&L Europe Players Ltd. and the Gaming Innovation Group. This month, Kindred Group and Lucky Dino Gaming Ltd also received similar letters.

Norwegian Gaming Authority Bans Malta-Licenced Casinos

About the Norwegian Gaming Authority Ban

Further to serving the gaming companies’ letters, Lotteritilsynet officials said that they have demanded the Malta Gaming Authority. To take action against the gambling groups which are not allowed to target or operate gambling in Norway.

Lotteritilsynet, which was sanctioned by a Norwegian all-party coalition, was granted the right as a regulatory authority in 2018. This to monitor national banking transactions, and also to protect national customers. While also protecting social/charitable contributions of state-owned gambling operator, Norsk Tipping. In response, the European Gaming and Betting Association reprimanded the watchdog’s authoritative measures. Through demanding a probe from Norway’s Data Protection Inspectorate (DPI) to check if the watchdog is in breach of consumer privacy protections.

Casinos Strike Back

According to reliable sources, Kindred has already filed a lawsuit against the Norwegian Gaming Authority. Additionally, the gambling company claims that its policy and having their gambling apps removed from the Norwegian version of Apple’s App Store constitute a “regulatory overreach”. Moreover, Kindred says such an act is an unfair restriction of trade.

Meanwhile, after it was discovered in Sweden that L&L CEO Yorgen Fenech had his interest hidden from public view, his company came under fire.

Stay tuned to our casino site for more gambling news!



Related Posts

Mega Moolah Makes Two Players Millionaires Over 48 Hours

mega moolah winners online

Recently updated on March 19th, 2019Mega Moolah has made two lucky online pokies players instant millionaire this last month. Not only was it two winnings within a single month, but the two wins also took place over 48 hours. The wins took place at two online casinos powered by the powerhouse software provider, Microgaming. The […]

Spinomenal Jingle Wins Tournament Information

Spinomenal Jingle Wins Tournament Series Details

Recently updated on December 10th, 2020Get ready for even more cash prizes with the Spinomenal Jingle Wins tournament, coming to its partner casinos on 10 December. All players stand a chance to win a share of the $50 000 prize pool. To enter the competition, you’ll need to place a minimum bet of $0.50 and have […]

SkyCity Entertainment Group Financial Results Released

Skycity Entertainment Group NZ

Recently updated on August 14th, 2019New Zealand based company, SkyCity Entertainment Group, responsible for three casinos, has not managed to achieve a high turnover in the previous fiscal. This has been attributed to players from Asia and Australia. In their recent financial reports, SkyCity Entertainment Group announced that revenue has dropped by 2.5% in the […]

Booongo Christmas Fair Network Tournament Details

Booongo Christmas Fair Network Tournament Details

Recently updated on December 15th, 2020Get ready for even more festive cheer at your favourite casinos with the Booongo Christmas Fair network tournament. This exciting festival features a €30 000 prize pool and Booongo Gaming slots to ring in the festive season. The tournament starts at 09:00 UTC on 23 December 2020 until 15:00 UTC on […]