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Published: May 1, 2025

Norsk Tipping turnover up in 2024 as foreign market shrinks

The Norwegian Gambling Authority has reported a declining foreign market but warns state-run monopoly Norsk Tipping must increase its protection of younger players.

The number of gamblers using Norsk Tipping’s products surpassed two million in 2024, up 11% from 1.8 million in 2023, the regulator wrote in a 2024 report on the market’s gambling activity.

The report, published on 24 April, found that domestic gambling revenue also increased in 2024, while the foreign market shrank. This, it said, was the result of the regulator successfully blocking illegal sites in the market, forcing players to use the monopoly offering. Turnover at Norsk Tipping and pari-mutuel racing monopoly Norsk Rikstoto, for games in competition with foreign operators, increased from NOK2.6 billion ($249,482,084/£186,990,102) in 2023 to NOK3.1 billion in 2024.

https://cdcgaming.com/brief/norsk-tipping-turnover-up-in-2024-as-foreign-market-shrinks/