PAYMENT METHODS AND ONLINE CASINOS IN NORWAY
Top Casinos and Best Banking Options for Norwegian Players
Much like other Scandinavian states, Norway and its people have been fond of gambling for centuries. Casino Banking Methods brings you an all-inclusive guide on the gambling situation in Norway, with special focus on the recommended casino site for Norwegian players and banking methods they are allowed to use to make deposits and withdrawals in the easiest, fastest way possible.
Our research also includes some of the most appealing casino bonus offers on the Norwegian market and also some insight of the laws and regulations in the country concerning online gambling activities – something that every player should know.
The interesting thing about Norwegian gamblers is that most of them participate in casino gaming for entertainment, without any aspirations of making money. Norwegians also value welcoming bonuses very much and let the offer of bonuses decide where they will play next. Slots are the most popular games and credit cards are still rather trusted when it comes to payments. Knowing all this, what can CBM offer you?
Well, we will do a comprehensive overview of the state of gambling online in Norway. It’s not just about playing at any casino. Players just entering the market need some advice on where to start and what to pay attention to. Casino Banking Methods hopes to become a good reference point for every novice Norwegian player and also experienced players looking for fresh info on convenient payment methods supporting Norwegian online gambling.
Best Norwegian Online Casinos
Players worldwide enjoy online casino play, so why wouldn’t Norwegians? New casino sites are joining the market pretty rapidly, and we’re happy to keep an eye on the best gambling platforms for Norwegians. Our suggestions are updated and supported by detailed reviews – hope you benefit from them!
- No wagering requirements
- High limits
- Excellent live casino
- Impeccable reputation
- 200+ live dealer tables
- Seven gaming licences
- Excellent track record
- Very fast withdrawals
- 170+ live dealer tables
- 10-minute cashouts
- Impeccable reputation
- Over 200 live dealer tables
- 6,500+ casino games
- 200+ live dealer tables
- 140+ payment methods
- Over 6,500 games
- 300+ live dealer games
- Stunning array of banking options
Royal Panda
18 + | New Customers Only |
T&C Apply- Impeccable reputation
- Fast cashouts
- Impressive live casino
Masked Singer
18 + | New Customers Only |
T&C Apply- Lightning-fast payouts
- The Masked Singer branding
- Top-notch live casino
- Great selection of banking options
- Two Cashback offers
- 7 bonuses to choose from
- Highly reputable casino
- Exclusive games
- Premium banking options
Top Casino Banking Methods in Norway
Betting and lotteries in all of their forms wouldn’t be possible without secure and easy-to-use banking solutions. The days when we had to wait in a queue in a bank are long gone and we now have a myriad of different online payment options at our disposal. In Norway, a Nordic country with a high standard of living, online payment methods are a standard. The best Norwegian casinos should offer them and we’ve found proof that they do. Have a look.
Review & Best Casinos
- Available around the globe
- Designed with iGaming focus
- Quick casino deposits & withdrawals
Review & Best Casinos
- Quick casino deposits & withdrawals
- Available around the globe
- Designed with iGaming focus
Review & Best Casinos
- Trusted, traditional method
- Widely available
- Supports deposits & withdrawals
Review & Best Casinos
- Fast casino transactions
- Available around the globe
- 165 supported currencies
Review & Best Casinos
- A leading payment solution
- Maximum security
- Fast & easy casino transactions
Review & Best Casinos
- Fast and secure transactions
- Free casino deposits & withdrawals
- High maximum cashout limit
Review & Best Casinos
- The safest cryptocurrency
- Constantly updated and improved
- More stable than BTC
Review & Best Casinos
- Instant casino deposits & withdrawals
- No registration procedure
- Maximum security
Laws and Regulations on Online Gambling in Norway?
Norwegian people like to gamble, but, unfortunately, there have been situations in the past in which the passion for gambling had got the best of them. For this reason, the authorities resorted to imposing very strict measures and regulations in the field of gambling. Currently, most types of gambling are illegal in the territory of Norway. Only two companies have permission from the government to offer gambling services to the country’s residents, Norsk Rikstoto and Norsk Tipping.
The Norsk Risktoto is in charge of monitoring and regulating pari-mutuel betting, aka horse racing. This also includes accepting horse race wagers over the internet. Norsk Tipping is the national lottery. The Gaming Act of 1992 gave Norsk Tipping a monopoly-like control over the country’s lottery and sports betting operations, which was later followed by also adding the exclusive right to host online poker websites.
Three legal acts were introduced in Norway in the 20th century and these further clarified the exceptions from the strict ban on gambling. These were the Totalisator Act of 1927, the Gaming Act of 1992 and the Lottery Act of 1995. There is also a supervising body in Norway for all legally present gambling operations including lotteries, slot machines, horse race betting and sports betting, raffles, bingo and online gambling – the Norwegian Gaming Authority.
Lotteri-og Stiftelsestilsynet announced newly proposed regulatory reforms in 2020. They are expected to come into effect sometime in 2021. The reforms won’t introduce anything drastic, yet they are seen as a way to provide more consistency to gambling laws in Norway by unifying the three main acts. The specifics are not published yet, but it was hinted that new regulations should provide better protection against dubious operators for players involved.
Many assume the existing monopoly will be cemented as the only avenue that provides offline and online gambling and ensures better control of the country’s gambling industry. Time and betting limits are topics of speculation. As it stands, the situation in Norway sees 66% online gambling activity taking place on international websites. Bettors seem to be moving away from the state monopoly and closer to international operators, which offer them better game variety and better “prices” in comparison to the domestic system.
Officially and currently, there are no government restrictions or laws directly against gambling on the internet. Countless Norwegian bettors enjoy online casinos and take pleasure in wagering at foreign websites. The government has never followed through with threats to block IP addresses of online gambling sites, so, in practice, the players are free to choose gambling operators. Norsk Tipping does its best to attract local players, but they often seek entertainment at offshore casinos as these sites provide a better selection of games and bonuses to choose from.
Can Casinos That Accept Norwegian Players Be Trusted?
Norway takes responsible gambling seriously, arguably more than any other country in the Nordic region. But if you choose to play at an offshore casino website, make sure you are joining a platform that is licensed and regulated. The license must be valid and issued by a respectable regulatory body, such as the MGA (Malta Gaming Authority).
The CBM team only reviews casino websites with a proven track record and valid credentials. Our recommendations come down to premium casino sites accepting Norwegian players, owned by trusted operators.
Not only do these sites boast trustworthy licenses, they also employ high levels of online security measures known as SSL (Secure Socket Layer) encryption technology to prevent fraudulent activity. Your personal details and your bankroll will always be in safe hands if you don’t stray away from high-rated online casinos.
We are aware that a lot of shady operators are running fraudulent casino websites to cash in on the trend or emerging online casinos in the Norwegian market. That being said, we will continue to fight this with the help of you, our Norwegian readers. Hopefully, after reading our reviews and observations, you will obtain the skills and experience needed to recognise fraudulent casino websites. Remember, legitimate casinos are usually granted a license by the Government of Gibraltar, Malta Gaming Authority, the Curacao Internet Gaming Association, Kahnawake Gaming Commission or Alderney Gambling Control Commission.
Best Casino Bonuses for Norwegian Players
Casino bonuses and promotions keep players coming back to their favourite sites, wouldn’t you agree? We’ve created a selection of carefully handpicked bonus offers which are either very beneficial for Norwegian players or directly target players from Norway and bring great benefits as well. The best thing about them is that you will be able to use them in reliable casino environments, on large game libraries provided by foreign online casino vendors mostly. Enjoy!
PlayOJO
Free Spins
No Wagering
Welcome Package
None
Ongoing
€10
No maximum
5% Live Casino Cashback
Cashback
No Wagering
Not required
None
Ongoing
€2
No maximum
Fortune Legends
Cashback
No Wagering
Not needed
None
Ongoing
€100
No maximum
5%-15% Weekly Cashback
Cashback
High Roller
Not needed
None
Ongoing
€500
No maximum
35% Instant Cashback
Cashback
Not required
10x
Ongoing
$10
No maximum
Gambola
No Wagering
Not needed
None
Ongoing
€10
No maximum
LeoVegas
Deposit
Not needed
20x
Ongoing
No maximum
Cadabrus
Cashback
Not needed
1x
Ongoing
€50
No maximum
Local Payment Methods to Consider
Using common banking methods to pay for casino services may be a bit tricky in Norway. You see, under the Payment Act of 2010, banks do not allow customers to pay via their debit or credit cards for any kind of casino activities, whether these are finalised offline or online. So, a significant number of Norwegian banks would reject a deposit or withdrawal request made through a regular MasterCard or Visa card to an online casino, but there are alternatives. Norwegian players can use various other payment solutions to transfer money in and out of their gambling accounts online. E-wallets are often the safest and easiest choice.
EcoPayz and Paysafecard work as sensible solutions to these challenges. Norwegian players can purchase a Paysafecard at various outlets like 7-Eleven, Coop, Narvesen, Rema1000 and Joker, to name a few. However, withdrawals demand an alternative. Norwegians also use Klarna as well as BankAccess bank transfer solution, but using a cryptocurrency with no central bank interfering is also a sensible option. Pay N Play models, both hybrid and clean ones, have also become available in Norway which brings more options to the table, as well as the availability of ClickandBuy and Fundsend.
Depositing with NOK Currency
Luckily, all the casino sites we’ve encountered that welcome Norwegian players accept NOK currency. This is considered a major advantage, given the fact you will not be required to pay a currency conversion fee or opt for playing in another currency. Other than complicating your payments, the exchange process will bring additional charges, something that is always good to avoid when playing casino games online. Top Norwegian online casinos will make it a point to offer their services to Norwegians in their local currency, the Norwegian Krone. Make the most of it and enjoy depositing in your domestic currency.
Fun Facts
- In Norway, you are legally allowed to hold gambling parties at home, provided you don’t organise them for business purposes. Norway police have been known to raid unauthorised poker parties from time to time.
- According to recent research from the University of Bergen, commissioned by Norway’s gambling regulator, Lotteri-og Stiftelsestilsynet, around 55,000 people in Norway suffer from gambling problems. The research sees an increase from 34,000 people in 2015 when the last such survey was conducted.
- A family from western Norway has hit the lottery jackpot for the third time in six years when the son won more than 12 million kroner ($2 million) earlier this month. He added to the successes of his father and his sister, who had also picked seven correct numbers to bring in winnings of more than 8 million kroner each in 2006 and 2010. The extremely lucky Norwegian household set a world record for the most members of one family to win a national lottery.
- A student from the Norwegian community of Hordaland won an €11.7 million jackpot playing Mega Fortune slot online after watching a late-night movie. He would usually bet on sports, but that particular night the slot brought him a life-changing win.
- Slot machines were so popular in Norway in the early 2000s that they brought enormous turnover, yet they were poorly regulated. At one point, the number of problem gamblers grew proportionally to the number of slot machines. In July 2007, slot machines were completely banned in Norway, only to be replaced with IVTs (interactive video terminals) in 2009.
- Since an unusually high number of lottery millionaires come from the same county of Verdal, there was a running joke at one point in Norway that one only had to move to Verdal to win the lottery.
FAQ
Is it safe to gamble online in Norway?
Yes, we would say it is perfectly safe to gamble online in Norway providing that the casino you have chosen holds a reputable license and a certificate that ensures fairness. Casino sites with valid licenses in top gambling jurisdictions, like the UK, Malta, Gibraltar, Alderney, Curacao, and the Isle of Man are a good choice.
How do I make a deposit at a Norwegian casino online?
The procedure is simple – register an account at your chosen casino, go to the cashier and follow the instructions on the payment page. Usually, you are required to choose a payment method and authorise the deposit.
Are there any tax fees for my online casino winnings?
For what we are aware of, any winnings up to 9,999 NOK won on one hand or one wager are exempt from tax. Any winnings above this amount, whether they are won at a slot machine or another casino game, you are expected to pay a 38.5% tax on.
Can I seek help in Norway if I think I have a gambling problem?
There are two major providers of self-help groups for problem gambling in Norway, Gamblers Anonymous and Gambling Addiction Norway. The latter is the largest provider of self-help groups in Norway; it offers information regarding gambling-related issues and support conversations with members of the organisation.
What is the age limit to be able to gamble online in Norway?
You have to be at least 18 years old to gamble legally online, as is the case in most other countries with a thriving online gambling market.
What is the best Norwegian online casino?
Not an easy question to answer. There is still, theoretically, a monopoly over the online gambling market in the Kingdom of Norway, so citizens are mostly seeking casino sites based outside the country. In the absence of premium gaming sites for locals, there are a lot of foreign platforms that have been servicing Norwegians rather spectacularly. Some of them are listed on this page.