Norsk Rikstoto’s Exclusive Licence to Offer Betting on Horse Racing Renewed for Another 10 Years

December 17, 2022 | Sports Betting

By: Norwegian Rikstoto

NORWAY (December 10, 2022) – “Norsk Rikstoto shows that they take the role of exclusive rights provider seriously, and that is good. Many Norwegians struggle with gambling problems, and the most important thing about gambling policy is to prevent all the negative gambling that gambling can bring. The Norwegian Parliament has implemented a number of measures to reduce the risk of gambling problems and gambling addiction,” says Minister for Culture and Equality Anette Trettebergstuen.

“At the same time, we want to ensure that sports and volunteering can still benefit from the profits from gambling,” says the Minister for Culture and Equality.

The Norwegian Rikstoto’s permission to offer gambling on horses is continued for the next ten years. Norsk Tipping and Norsk Rikstoto thus have the exclusive right to offer games that require particular public control because they have high prizes, high turnover or a high risk of creating gambling problems.

Norsk Rikstoto passes its profits on to organizations that promote equestrian sports, horse keeping and Norwegian horse breeding.

SOURCE: Norwegian Rikstoto.

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