In Norway, only certain forms of gambling, such as those offered by Norsk Tipping, Norsk Rikstoto, and certain large lotteries, are allowed to operate online. It is illegal for Norwegian banks and payment service providers including cryptocurrency exchanges such as NBX to facilitate transactions related to gambling offered by companies without a permit in Norway. This includes both deposits made using credit cards and payouts to players' bank accounts or cryptocurrency wallets with the intention to transfer and exchange these funds to fiat currency and withdraw to players’ Norwegian bank account. While it is not illegal for Norwegians to play with foreign gambling companies that operate legally in other countries, it is illegal for these companies to offer or market their games in Norway. The Norwegian Lottery Authority is responsible for regulating and overseeing private lotteries and state-run games. The purpose of the gambling legislation in Norway is to ensure that gambling is offered in a safe and responsible manner, including preventing gambling addiction and crime. The regulations on the prohibition of payment services for unlicensed gambling have recently been revised and the Norwegian Lottery Authority has been given greater decision-making power in this regard. The Norwegian Ministry of Culture is working on a new law on gambling, but it is not known when it will be implemented.
