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Compliance Updates

Is Norway Breaking The EEA Agreement With Their Ban Of Online Casinos?

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Norway’s gambling law is far-reaching and very strict on advertising and providing online gambling. But how legal is it when applied to the rest of Europe? With casinos able to operate on a regional basis, offering services to players in each legal jurisdiction, it’s possible Norway’s law may not be legally applied when in other jurisdictions – if the EEA decides similarly to the NAV case.

Within Norway itself, Norsk Tipping and Norsk Rikstoto are the only two companies licensed to offer gambling services to Norwegian citizens. Any casinos listed on Casinotopplisten are operating in other jurisdictions outside of Norway that can freely offer gambling to any residents of a particular jurisdiction – for instance residents in Sweden can gamble at a casino licenced in Sweden for that purpose.

Legislation is ordering banks to block payments

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The story in Norway is different, however – legislation goes so far as to order banks to block access to card payments for casinos and gambling establishments, even when located in another country. Given the huge scandal in court regarding social security payments to citizens visiting other countries in the EEA, could it be that the gambling law restrictions are also illegal, just like this revocation of payments was?

Complaints have been made to EEA court in the past regarding Norway’s gambling laws, but so far the country hasn’t budged. With growing pressure within the country aiming to push through changes in the law, arguing that revenue is being taken out of the country and that players will be pushed to black market casinos without proper legislation, it remains to be seen whether the government’s plans to strengthen their current model will run foul of EEA law again – as it fundamentally disagrees with it.

Further scrutiny of these laws, or any legal challenges that might succeed, stand to have a huge knock-on effect in future when it comes to Norwegian gambling legislation. There are two possible outcomes should further tightening of restrictions come in force: either the discrepancy in law and ability to apply it across non-Norwegian jurisdiction will remain in force, or the country’s laws on this issue will be declared illegal. In the NAV case, this resulted in overturning of prison sentences and refunds of incorrectly-seized funds. With estimated numbers on foreign websites offering gambling to the Norwegian market standing at between 1.7 – 2 billion NOK in 2019, the financial implications could be immense.

SOURCE Casinotopplisten.com

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Anastasia Rimskaya

Aviatrix receives certifications in Brazil

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The award-winning crash game Aviatrix has received certification for Brazil’s online gaming market, ensuring full compliance in the market.

Aviatrix has been granted full Federal Certification to offer its games via licensed operators in the country. Meanwhile, Aviatrix has also acquired a dedicated certification for the state of Paraná.

This means Brazilian players can now enjoy the most innovative crash game on the market –  one that has already gained a loyal following across Latin America.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “This is a huge milestone for Aviatrix. Brazil is one of the most exciting, newly-regulated markets in the world. There is massive demand for high-quality content, and that’s why we know Aviatrix is going to thrive. We’re looking forward to bringing the game to the country via some world-class partners. Get ready for takeoff.”

Aviatrix has been rapidly expanding in Latin America over recent months, including in Peru and Colombia.

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The company was also named ‘Rising Star in Casino’ at last year’s SBC Awards Latinoamérica.

The post Aviatrix receives certifications in Brazil appeared first on Gaming and Gambling Industry in the Americas.

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Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited

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Readen Holding Corporation, a venture capital specialising in Fintech, Digital Payments and E-commerce, has announced the successful signing of the final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria. This milestone marks RHCO’s official entry into the African gaming market — one of the fastest-growing and most promising sectors globally.

With the closing of this acquisition, RHCO now holds active licenses in Nigeria for lottery, sportsbook and casino operations, unlocking access to an estimated $2.5 billion gaming market projected to grow over 9% annually through 2030. This move positions RHCO to become a major international force in regulated gaming, entertainment and fintech infrastructure.

Ridzky Berg, CEO of RHCO, said: “This is more than an acquisition — it’s a strategic launchpad into one of the most dynamic gaming markets in the world. Nigeria’s youthful population, expanding internet access, and growing appetite for digital gaming make this a prime market. With our proven fintech backbone and seasoned leadership, we’re ready to set a new standard for integrated, secure, and user-friendly gaming platforms across the region.”

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The post Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited appeared first on European Gaming Industry News.

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Compliance Updates

Swedish Regulator Imposes Fine of SEK12M on Videoslots

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The Swedish gambling regulator, Spelinspektionen, has fined Videoslots SEK12m (£937,016) for failing to help customers better manage their gambling behaviour when it had reason to do so.

The regulator said that the company did not take sufficiently effective measures to intervene on excessive gaming and “did not act promptly enough.”

The fine, along with a formal warning, comes after a Spelinspektionen investigation into Videoslots’ customer activity in spring last year. The regulator found that the company breached its duty of care obligations.

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Twelve customers’ gaming behaviour was analysed, with the regulator concluding that their gambling patterns, deposit behaviours and “significant losses” were among the “multiple indicators” that the customers engaged in excessive gaming.

A number of the 12 customers returned to Videoslots’ platform to play “multiple times” during the day or play “continuously for many hours.”

The regulator said all of the customers had “very high deposit limits.” Three had limits of SEK1m (£78,164), one had a limit of SEK4.5m (£351,912) and another player’s limit was SEK300m (£23.5m).

All customers deposited “large amounts” during the review period, Spelinspektionen said, including one who deposited SEK1.8m (£140,785) and another who deposited SEK1.3m (£101,721).

“Several customers exhibited a deposit pattern where withdrawn amounts were deposited again shortly after being withdrawn,” the regulator said.

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“For several customers, there were also a large number of deposits in a short period. Some customers regularly made multiple deposits per gambling day… and one customer had days with up to 28 deposits.”

“In light of the above, Spelinspektionen assesses that all the customers have engaged in excessive gambling during the review period,” the regulator concluded.

“The company has pointed out that individual indicators, on their own, may not necessarily be signs of excessive gambling. According to Spelinspektionen, all the above-mentioned indicators are signs of excessive gambling, and the overall assessment of all indicators forms the basis for the conclusion.”

The post Swedish Regulator Imposes Fine of SEK12M on Videoslots appeared first on European Gaming Industry News.

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