Norway is a sovereign and unitary monarchy whose territory comprises the western portion of the Scandinavian Peninsula plus the remote island of Jan Mayen and the archipelago of Svalbard. The Antarctic Peter I Island and the sub-Antarctic Bouvet Island are dependent territories and thus not considered part of the Kingdom. Norway also lays claim to a section of Antarctica known as Queen Maud Land.
Until 1814, the kingdom included the Faroe Islands, Greenland, and Iceland. It also included Bohuslän until 1658, Jämtland and Härjedalen until 1645, Shetland and Orkney until 1468, and the Hebrides and Isle of Man until 1266.
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Since 1925, Norway has been a constitutional monarchy. King Harald V succeeded his father, Olav V, on 17 January 1991. As such, he is both head of state and head of government. The executive branch is headed by the Prime Minister of Norway and consists of a cabinet of sixteen ministers, with Minister of Finance Siv Jensen as deputy head.
Legislative power is vested in both the parliament—the Storting—and the supreme court—the Supreme Court of Norway. The judiciary is independent of the executive branch and parliament.
Norway is a founding member of NATO and has been a member of the European Union (EU) since 1994 (although it has not joined the European Economic Community or the European Monetary Union). Norway had negotiated an agreement with EFTA in 1992–1993 which was approved by referendum in November 1994.
This agreement was later superseded by the EEA agreement which entered into force on 1 January 1994. In addition to being a member of EFTA and EEA, Norway has also negotiated membership in several other international organisations including: Arctic Council, Council of Europe, Organization for Security and Co-operation in Europe (OSCE), United Nations (UN), International Monetary Fund (IMF) World Bank Group and World Trade Organization (WTO).
Norway is one of very few countries with their own national currency, the Norwegian Krone (NOK). Despite being a small country with a population of just over 5 million people, Norway punches above its weight when it comes to Gross Domestic Product (GDP) per capita which is currently ranked 4th in the world behind Qatar, Luxembourg and Singapore according to data from the World Bank .
According to Norwegian law gambling is illegal unless granted a license from The Norwegian Gaming Authority . There are two types licenses that can be issued; those for land-based casino operators and those for online casino operators .
There are currently only two casinos in Norway that have been granted licenses; one is located in Oslo which is operated by Norsk Rikstoto , while the other is located in Drammen . .
The only legal way for Norwegians to gamble online is through Norsk Tipping or Norsk Rikstoto who offer games such as sports betting , lotteries , bingo , instant games and scratch cards . However due to high taxes levied on these companies they have been unable to compete with international gambling sites that are based offshore .
This has resulted in an estimated 1 billion NOK ($120 million USD) being spent on illegal gambling each year by Norwegians .
Although it’s technically illegal to gamble at an online casino not based in Norway , there are no lAWS that state it’s illegal to gamble at an online casino based outside of Norway . This means that Norwegians are free to play at any online casino they please without having to worry about breaking any lAWS. So if you’re wondering whether or not it’s legal for you to gamble at an online casino as a Norwegian citizen, then wonder no more because it most certainly is!.
