Norway Set To Restrict Poker To Low Stakes

The Norwegian government’s plans to legalise the country’s gaming market will only lead to relatively small stakes being wagered during poker contests, according to a report.

The PokerUpdate.com website, citing a government report on gaming, said that while poker tournaments would be legal in Norway under the newly-elected administration’s planned reforms, those tournaments would only be allowed to feature “low stakes”.

“The government will continue to pursue policies that take account of gamblers and ensure that revenues from gambling in Norway shall accrue profit purposes,” the government report said. “[The] government will examine the issue of licensing for foreign game companies to see if it is possible to combine social policy and increased total revenues for volunteering in the European Economic Agreement limits.”

bitcoin
Bitcoin (BTC) $ 93,506.05 0.19%
ethereum
Ethereum (ETH) $ 3,430.49 1.46%
tether
Tether (USDT) $ 1.00 0.23%
solana
Solana (SOL) $ 234.14 0.25%
bnb
BNB (BNB) $ 621.28 2.31%
xrp
XRP (XRP) $ 1.41 0.24%
dogecoin
Dogecoin (DOGE) $ 0.396979 0.52%
usd-coin
USDC (USDC) $ 1.00 0.16%
cardano
Cardano (ADA) $ 0.977574 2.68%
staked-ether
Lido Staked Ether (STETH) $ 3,434.83 1.42%
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)