Norway's New Gambling Regulations - A Better Way for Consumer Protection?
New regulations are poised to affect Norwegians and their favourite online casinos. See what actions may be taken and understand why they are likely important.
H2: Protecting Norwegian players
The European Commission has introduced new regulations for foreign online casinos. That could change the way that Norwegians would access these casinos. The goal of the regulation is to prevent the casinos from targeting the Norwegian customers that are interested. New gambling regulations are put in to force as part of consumer protection.
Supporters and critics have taken sides on the regulation enacted by the European Commission. Take a look at the regulations to see what effect they might have on the casinos. Some will be affected and that is important for a lot of reasons. Norway awaits decisions made by the European Commission.
There are decisions to be made and they could prove to be pivotal for the new laws. The European Commission has time to review the laws during a 3-month standstill position. Norway's supreme legislation will also review the laws on their own.
These entities can choose to strike down the laws and make good on these promises. The regulations are likely to be adopted shortly after the end of the standstill. Consumer protection regulations are enforced as part of a renewed effort in time. See what happens when the service is extended to those in need of new laws.
H2: Targeting illegal online gambling sites
Unauthorized gambling is the target of the new regulations put in to place. The European Commission is concerned with the rise of online casinos that offer shady deals. They are worried that it could adversely affect the progress of existing standards. Norwegian gamblers could be targeted by online casinos that use these tactics.
All new laws are intended to prevent that from happening. The Gaming Authority can then use the new laws to enforce changes in Norway itself. That is perhaps good news for Norwegian citizens who need some legal protection in time.
The Gambling Authority first introduced these new rules back in 2010. Their new rules had a similar intention and that could be a challenge to people in need. They wanted to prevent gambling transactions between regulated casinos and Norwegians. That has had some effect, but new laws are needed to make that experience worthwhile for everyone.
Unauthorized companies are proving to be the target for all the right reasons in time. The Gambling Authority will oversee the implementation of the new laws as well. That could prove to be valuable information and Norwegians should take notice of that for themselves.
H2: Other effects of the new rules in discussion
Other effects of the new regulations will be discussed as well. It is possible that details about Norwegian customers can be discussed as part of the organization. Norway has a gambling regulatory entity in place already. But their authority may be extended with the help of these new laws.
That is why people are reviewing the laws during the standstill itself. Consumer protection is always a paramount concern for those that are following along. The end goal is to prevent a data breach or misuse by unauthorized companies in many areas.
There is no licensing system that allows foreign companies to obtain greater security. That will also be discussed, and it is doubtful that a new licensing system will be put in to place. These foreign companies will have to work within the confines of the existing laws.
The new regulation might be a worthy addition to the consumer protection program. New gambling regulations is important for all the right reasons. Norway will be waiting to see some of the implications of the laws. That could prove to be important over time.
About the author: Sandra K. Jacobsen, a casino blogger at Casinoer.com