License Name
Norsk Rikstoto Monopoly Licence
- Direct message
- Leave a review
- Bookmark
- Share
- Report
- prev
- next
Issuing Country/Region
Norway
Regulatory Body
Norwegian Gaming and Foundation Authority (Lotteri- og stiftelsestilsynet); Ministry of Culture and Equality (policy), Ministry of Agriculture and Food (Totalisator Act)
Types of Regulated Games
Horse race betting (totalisator betting)
Market Coverage
Local (Norway)
Regulator's Reputation
Good
Legal Entity Requirements
Licence is exclusively granted to Norsk Rikstoto, a Norwegian foundation
License Scope Restrictions
Only Norsk Rikstoto may offer parimutuel horse betting in Norway; no other entity is eligible for this licence
Jurisdictional Tax Compliance
No direct gambling tax; profits earmarked for the benefit of Norwegian horse racing and public causes
License Application Transparency
Appointment by the state only; not open to commercial applications
Regulatory Contact Point
Norwegian Gaming and Foundation Authority (Lotteri- og stiftelsestilsynet)
Compliance Officer Requirement
Required as part of state compliance obligations
Legal Dispute Resolution
Norwegian courts have jurisdiction; regulator supervisory authority
License Transferability
Licence is not transferable; exclusive to Norsk Rikstoto
Sub-Licensing Rules
Sub-licensing is not permitted
License Cost
Not publicly disclosed; licence is not subject to ordinary application fees due to monopoly status
Annual Fees
Not publicly disclosed; subject to government policy and review
Income Taxes
No specific gambling tax; profits are reinvested in horse racing and public welfare
Player Winnings Taxes
No withholding tax from Norsk Rikstoto winnings under Norwegian law, but players may be liable for taxes on foreign winnings
Financial Guarantees
Not publicly published
Financial Reporting Requirements
Compliance with state audit and annual reporting standards
Application Processing Time
Not applicable (monopoly appointment, not open competition)
Required Documents
Not applicable
Business Plan Requirements
Not applicable
Internal Policy Requirements
Responsible gaming, AML, and KYC policies as mandated by the regulator
Responsible Gaming Measures
Strong responsible gaming controls; government identifies harm reduction as core goal
Self-Exclusion System
Implemented according to state and regulator requirements
Age Verification Procedures
Minimum age 18 for all gambling activities
KYC Procedures
Mandatory identification and verification procedures
Bonus and Promotion Regulations
Highly restricted marketing with a focus on player protection
Permitted Games List
Only horse racing betting (totalisator) permitted; casino, poker, other betting not allowed
Betting Limits
Maximum limits and responsible gaming controls enforced by regulator
Live Game Requirements
Not applicable (horse race betting only)
Mobile App Compliance
Norsk Rikstoto may offer digital products if compliant with Norwegian law
Affiliate Program Rules
Not permitted under monopoly licence
Security Standards
Must comply with Norwegian information security and data protection law
Encryption Requirements
Compliance with state-mandated data protection (GDPR alignment assumed)
Operation Logging
Required by regulatory authority
Anti-Fraud Systems
Required as part of state compliance standards
Hosting Requirements
Localized to Norway
Uptime Requirements
Regulated by state, not publicly disclosed
Technical Support Availability
Norsk Rikstoto provides player support in Norwegian
License Duration
Ongoing; latest official extension up to end of 2032
Renewal Procedure
Licence reviewed and extended by government decision, subject to policy review
Penalties for Non-Compliance
Regulator can impose fines, revoke licence, or sanction operator for legal violations
Ownership Change Rules
Not applicable (state appointment)
Mergers and Acquisitions Rules
Not applicable
Insurance Requirements
Not publicly specified
Accessibility Standards
Norsk Rikstoto required to meet national accessibility standards for public service platforms
Multilingual Support
Norwegian required; additional languages not mandated
Cryptocurrency Support
Not permitted
Esports Betting Regulations
Not permitted under current monopoly licence
Fantasy Sports Regulations
Not permitted under current monopoly licence
Official Address
Lotteri- og stiftelsestilsynet, Storehagen 1, 6800 Førde, Norway
Work Hours
Monday to Friday, 08:00 - 15:45
Facebook URL
https://www.facebook.com/lottstift
Twitter/X URL
https://twitter.com/lottstift
Departments
Gambling Supervision Division, Licensing Unit, Compliance and Enforcement Unit, Policy and Legal Affairs
FAQ Question 1
What is Norsk Rikstoto Monopoly Licence?
FAQ Answer 1
The Norsk Rikstoto Monopoly Licence is a state-issued exclusive right for Norsk Rikstoto to operate horse race betting in Norway. No other entity can hold this licence, and it is not open to commercial application. The licence is periodically reviewed and extended by the Norwegian government.
FAQ Question 2
Which jurisdiction issues Norsk Rikstoto Monopoly Licence?
FAQ Answer 2
The licence is issued in Norway under supervision of the Norwegian Gaming and Foundation Authority (Lotteri- og stiftelsestilsynet), with policy governance by the Ministry of Agriculture and Food for horseracing betting.
FAQ Question 3
What is the cost of obtaining Norsk Rikstoto Monopoly Licence?
FAQ Answer 3
Information not found in publicly available sources.
FAQ Question 4
What are the main requirements for Norsk Rikstoto Monopoly Licence?
FAQ Answer 4
The licence is exclusively appointed by the state to Norsk Rikstoto, requiring compliance with strict responsible gaming, anti-money laundering, player protection, reporting, and operational controls as mandated by the Norwegian Gaming and Foundation Authority