When talking about the online gambling industry within the Nordic countries, the specifics may vary. This difference is simply because each country plays by its own rules and regulations. While some may be quite relaxed, others may have a firmer grip on their limitations.
Keep reading to see how this exciting entertainment industry fairs around this region. We also discuss the top Nordic online casinos.
Legalization by Country
As mentioned earlier, the regulations and laws about online casinos in the Nordics vary. Let’s take a brief look at where each country stands on this topic.
According to the Criminal Code of 2016, gambling in Iceland is illegal. However, many have found a loophole to this law. Icelandic residents still enjoy their gambling activity with offshore licensed gambling sites that are not bound by this Criminal Code.
The Danish government passed the law in 2012 to legalize online gambling within its borders. Many residents are also delighted to know that they do not incur any tax levies on any money that they win from offshore casino websites.
Two legislations are regulating the online casino industry in Sweden, namely the 1994 Lotteries Act and the 1999 Casinos Act. The latter, amended in 2002, came with the introduction of online casinos. From 2019, it has been a legal requirement for all Swedish online casinos to hold a Swedish gaming license from the SGA (Swedish Gaming Authority). The state-run Svenska Spel gaming company dominates the overall online gambling industry.
While players are permitted to enjoy gambling with international online casinos, these sites must hold valid licenses. Unfortunately, players will incur hefty tax levies on any money won from these websites.
Finland is one of the more lenient countries as far as gambling laws are concerned. According to the 1966 Finnish Lotteries Act, online gambling is entirely legal in Finland. Online gambling activity is government regulated by countries. Players are permitted to enjoy their gambling activities through local or international online casinos, without any restrictions.
Similar to Sweden, Norway’s online gambling laws allow the state to control the industry. For an international website to operate in Norway, it must be licensed locally or an EU State.
The 2008 law restricts most offshore sites to encourage gambling with local, government-backed casinos. Foreign websites without a local license are also prohibited from advertising to Norwegians. This restriction allows providers such as Norsk Rikstoto and Norsk Tipping exclusivity to advertise their horse betting and lottery services, respectively.
Top Nordic Online Casinos
In general, the Nordic online casinos are well-known for their extensive gaming options and generous bonuses, rewards, and promotions. Here are some of the top online casinos and the promotions that they offer.
This Norwegian online casino boasts an extensive selection of video poker, slots, card games, and table games. Throughout their gaming experience, players can win additional trophies and valuable collections to climb the level ranks, as well as great rewards. Some of which include free spins, cash prizes, gadgets, and many more.
Players can start their gaming adventure with the Casumo sign up bonus. In total, the casino awards new players a bonus of €2,000 free credit and 20 free spins on the Book of the Dead slot game. That’s a significant boost to start a gambling experience.
Though based in Malta, NordicBet is a Norwegian favourite for online gambling. The online casino is one of the best equipped with a variety of table games, slots, and video poker.
The welcome bonus at NordicBet is one of the most appealing offers available. Based on this Norwegian review, when creating a new account, players can receive a bonus reward when making their first three deposits. For each deposit, the casino awards a 100% deposit match up to NOK 2,000. The spins awarded vary each time. They are 50, 75, and 125 respectively, each for a different specific game. This bonus totals up to NOK 6,000 and 250 free spins.
This Danish online casino holds its license with the MGA (Malta Gaming Authority). Tivoli casino operates with a variety of games provided by some of the leading game software developers. Some of these games range from traditional table games to the more advanced video slots. The casino boasts titles such as River of Riches, Ariana, and Wild North, as well as Aces and Faces.
The casino’s new player bonus is a 100% deposit match up to €200 and up to 172 free spins. The website also has a variety of other promotions and reward opportunities available. These offers are time-specific, so it is always best to consult the site regularly.
While still new to the industry, Surf Casino has made a mark for itself with its impressive game selection and bonus offers. The games on the line-up are provided by some of the greatest software development studios for the best gaming selection. If players have a particular provider preference, they can filter the games list accordingly.
When players create a new account, they will receive a bonus of the first four deposits made. These bonuses are as follows: 1) 100% deposit match up to €300. 2) 50% deposit match up to €200. 3 )50% deposit match up to €200. 4) 100% deposit match up to €300. Please be sure to read the terms carefully to get the most out of this offer.
The Final Say
Stringent gambling regulations aside, there are plenty of Nordic online gambling opportunities for interested players. Whether making use of the local, government-regulated providers, or offshore casinos, there’s something for every preference.