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Industry | Gambling |
---|---|
Founded | 1948 |
Headquarters | Hamar, Norway |
Key people | Åsne Havnelid (CEO) |
Number of employees | 450 |
Website | norsk-tipping |
Norsk Tipping is a Norwegian gambling company headquartered in Hamar, Norway. Founded in 1948, Norsk Tipping is owned by the Norwegian government and administered by the Norwegian Ministry of Culture. The company offers a wide range of lottery, sports and instant games in the Norwegian market. Since its foundation, the profit from the company’s operations have been channelled back to the Norwegian sport and cultural sectors.
Football pools were the only game when the Norsk Tipping AS was founded in 1948. At that time, the organisation was run as a limited company with the Norwegian State holding 40%, the Norwegian Sports Federation 40%, and the Norwegian Football Association 20%. The profit was at first shared between sports and research projects. Today the company also raises money for cultural causes, and the surplus is divided 50/50 between sports and culture.
In 1993, the Norwegian State took full ownership of the company.
Norsk Tipping’s website was established in 1999 with results service and daily updates of the information for players. In 2001 after the page was tested Norsk Tipping started to offer its products on the Internet.
In November 2005 Norsk Tipping started to provide most of the games via mobile phones.
The company operates the games of chance, Lotto, Viking Lotto, Keno and Joker; the games of skill Tipping and Oddsen, and the scratch card game, Flax. In addition, the company operates the TV game, Extra, on behalf of the Norwegian Foundation for Health and Rehabilitation. Norsk Tipping games are also available to play on smartphones and on their website. All games from Norsk Tipping except Flax requires the player to be registered and have a playcard.
Lotto is a money game established in 1986 and modeled after similar games in other countries. The drawing of numbers is done every week live on NRK. In 2004 Norwegians played Lotto for 3,5 billion Norwegian kroner, making it the largest game in the country.
In the pot are 34 numbers, and of these seven are drawn as main series numbers, while three additional numbers are drawn for determining certain consolation prizes. Prizes are awarded for (in descending value)
Half of the income collected from people participating is distributed back as prizes. Each of the five prizes get a certain percentage of the prize fund, and the money is shared among those eligible. The profit from the lottery is spent on cultural and sports-related activities, formerly research was also funded. In the event that nobody had seven correct numbers, this portion of the prize fund is carried over to next week's draw.
The theoretical chance of winning any prize, is 1: 138, while the probability of a person winning first prize is , or 1 in 5,379,616. [1]
A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. The most common regulation is prohibition of sale to minors, and vendors must be licensed to sell lottery tickets. Although lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s, casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes.
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The Connecticut Lottery Corporation, also called the CT Lottery, is the official lottery in Connecticut. It was created in 1971 by then-Gov. Thomas Meskill, who signed Public Act No. 865. The first tickets were sold on February 15, 1972. The Connecticut Lottery offers several in-house drawing games; Connecticut also participates in Mega Millions and Powerball; each are played in 44 states, the District of Columbia, and the U.S. Virgin Islands.
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The Hoosier Lottery is the official state lottery of Indiana, and is the only US lottery that uses the state's nickname as its official name. It is a member of the Multi-State Lottery Association (MUSL). The Hoosier Lottery sells scratch-off tickets; its draw games include Mega Millions, Hoosier Lotto, Powerball, Cash 5, and Poker Lotto.
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A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing their own national (state) lottery. It is common to find some degree of regulation by governments, like allowing or prohibiting online sales of tickets.
Gambling in Norway is illegal for the most part. Norsk Tipping and Norsk Rikstoto are the 2 only companies allowed to offer gambling services to Norwegian citizens. Norsk Tipping offers games like lotteries, sports betting, Keno and several others. Norsk Tipping is wholly state-owned company under the jurisdiction of the Ministry of Culture and Church affairs, with rules about what times of day, and how much money players can bet. As of January 2019 all players have to be over 18 years of age to play all games of Norsk Tipping, including scratch tickets. Norsk Rikstoto is also state-owned and is the only company authorised to arrange horse race betting.
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