The remote Arctic island called Jan Mayen and the Svalbard archipelago are also part of Norway and this country borders with Sweden to the east, Russia and Finland to the northeast and the Skagerrak Strait to the south. Denmark is located on the other side of the Skagerrak Strait.
Speaking of its well-developed industries, it is worth mentioning that Norway has the fourth-highest income per-capita in the world. Not only that, but Norway also has the highest Human Development Index, the largest sovereign fund, the lowest crime rates, and the highest inequality-adjusted ranking. It is safe to say that Norway is a haven for all those that are looking to have a quality life and freedom.
But, when it comes to gambling, the Kingdom has very restrictive measures. All gambling-related activities are considered illegal for the most part. The only two companies that are allowed to offer gambling services to the people here are Norsk Tipping and Norsk Rikstoto. Norsk Tipping controls games such as lotteries, sports betting, and keno. Norsk Rikstoto is the only company that has the authority to offer betting on horse races.
These two companies are entirely owned by the state. While some may think that this is against the protocols of the European Union – they are correct, but the catchy thing here is that Norway is not a full member of the EU, which is why they can get away with these types of regulations.
When it comes to online gambling, online casinos are considered illegal in Norway, but the government will not pursue individuals who are looking to play games and place bets on off-shore sites. However, the government will pursue fine operators who are offering their games to the Norwegian players.
Even though this activity is considered illegal, as much as 10% of the population will regularly visit these sites in the search of fun and entertainment.
As for the taxes in Norway, there are no specific regulations that show how much tax should operators pay to the government as both of the companies that are licensed to offer these services to the people are state-owned.