Official language: Norwegian
Population: 4,805,437
Currency: Norwegian Krone (NOK)

Current Exchange Rate
1 EUR = 8.3390 NOK
1 GBP = 9.1965 NOK
1 USD = 5.5740 NOK

Sports Betting in Norway
Sports betting in Norway is legal and is controlled by two companies. The largest and most popular is Norsk Tipping, which makes triple the profits of the other company. Norsk Tipping runs a state lottery and also takes sports bets. The other company is Norsk Rikstoto and it runs all parimutuel horse betting in Norway.

There was a time when foreign sportsbooks were allowed to operate in Norway, though they were watched very closely by the Norwegian Gaming Board. Today, Norsk Tipping and Norsk Rikstoto have a collective monopoly over all betting in Norway.

Online Sports Betting in Norway
Online sports betting in Norway is also controlled by the same companies. Both Norsk Tipping and Norsk Rikstoto operate websites where Norwegian punters can bet on sports online. These sites have been running for several years and are quite popular. There have been some attempts from foreign sportsbook operators like William Hill to compete with these companies, but the Norwegian government is becoming quite strict about blocking foreign online sportsbooks and other online gambling sites.

Because Norway is not a full EU nation, there is not much that can be done to break up the monopoly on internet sports betting in Norway. Residents can still play at foreign online sportsbooks, but since the Norwegian government has instructed banks to block all transactions to such sites, it might be a bit challenging.