Norway Cancels Approval of 211 Charitable Organizations
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Lotteri-og stiftelsestilsynet (Lottstift), the gambling regulator of Norway has cancelled the approval of 211 organisations for operating lottery and bingo games for charitable purposes. The regulator has found that these organizations failed to report their accounts within the deadline.
Of those that have had their approval revoked, 51 held licences to operate lotteries and bingo for charitable purposes in Norway.
The entities eligible to offer lottery and bingo for charitable purposes include aid organisations, charities, sports teams, humanitarian bodies and special interest groups. Those removed from the register will now serve a six-month ‘quarantine’ period, during which they will not be able to reapply for licences.
In order to obtain a licence to operate charitable bingo in Norway, Lottstift states that the organisation must have an annual turnover of less than NKr700,000 ($76,690). For lotteries, those with turnover of less than NKr200,000 do not require a licence – though must submit annual reports to Lottstift – while those with turnover above that figure must be approved by the regulator.
Lottstift said the suspension, which came into effect for all 211 organisations from October 1, also means that those affected will not be able to offer bingo at all in 2020. The regulator acknowledged this may represent a significant loss of income for some voluntary organisations.
A total of 5,400 organisations featured on the Lottery Register list prior to the removal of the 211 companies that failed to submit their reports.
Source: Latest News on European Gaming Media Network
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