Norway On Track for Regulated Online Gambling

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 the web gambling has moved one action closer: the country’s customs Committee has required an effect evaluation on dramatic regulation proposals that could completely open the market up. The committee will closely examine the experiences of other countries, such as for instance Sweden, Denmark therefore the UK, before drafting its own legislation that the federal government hopes to implement next year.

Norway currently has some of the tightest gambling controls in Europe. Online gambling is largely illegal in the nation, with only two companies that are state-owned to provide restricted games of chance to its citizens, Norsk Tipping and Norsk Rikstoto. Norsk Tipping offers games like lotteries, keno and some sports betting, and falls under the jurisdiction associated with Ministry of community 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, offers parimutuel betting exclusively for horseracing.

Nothing to Bank On

In 2010, the federal government passed a law that banned Norwegian banks from processing all kinds of gambling transactions, online and live, not just within Norway, but all over the world, really barring Norwegians from utilizing their c (more…)

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Jorryt Van Hoof Leads as WSOP Final Table Down to Three

Jorryt Van Hoof Leads as WSOP Final Table Down to Three

Favorite Jorryt van Hoof will go in to the WSOP Final Table finale as chip frontrunner tonight, as three players battle for the $10 million first prize.

The planet Series of Poker final table is down to three players, with Dutchman Jorryt van Hoof finishing yesterday’s play as he began, with the chip lead and bossing the table around.

And despite Phil Hellmuth’s once disparaging remark about ‘Northern European idiots,’ three players hailing from the upper part of that very continental landmass have bagged themselves gold, silver and bronze in this race, with the final great American hope, Will Tonking from New Jersey, bowing away gracefully in fourth.

Joining van Hoof tonight to try out for the biggest title in poker will be Sweden’s Martin Jacobson, who has 64.75 million in chips, and Norway’s Felix Stephensen, with 46.1 million. Van Hoof, meanwhile, has a by-no-means insurmountable chip lead of 89.6 million. Tonight, the players will compete for the top prize of $10 million and the title of World Champion.

Déjà vu

November Nine play started off cagily, as you may expect for a tournament with millions of dollars at stake in which some of the pay jumps could purchase you a house or two. In fact, it took 12 hours to whittle nine down to three. 1st elimination, whenever it came, was extraordinary, in so it ended up being Mark Newhouse, the guy who completed ninth a year ago. Someone identified that the c (more…)

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