Selected from a group of eleven bidders
Norwegian state-owned lottery Norsk Tipping has awarded a six-year iGaming Integration Platform contract to EveryMatrix.
Under the terms of the contract, EveryMatrix will provide operational services, content provider support, its CasinoEngine platform and integration for several casino vendors including IGT, NetEnt, QuickSpin, Novomatic, Magnet Gaming and Scientific Games.
EveryMatrix executive chairman, Stian Hornsletten, believes Norsk Tipping's decision to outsource was an excellent one that will allow the state lottery to swiftly and efficiently bring a competitive product to the market.
The deal includes an option to extend on a two-year basis.
The deal with EveryMatrix follows the announcement last Friday by Linda Helleland, Norway's Minister for Culture, that following its review of gambling the national government has decided to allow Norske Tipping to maintain its online gambling monopoly by excluding foreign operators from the Norwegian market.
Her reasons for the decision included the need to keep tight control over gambling and ensuring that the pastime continued to deliver revenues for social development.
Helleland said the Cabinet had concluded that "…an exclusive rights model is still more responsible than a licence model, despite the fact that there is some leakage of players to unregulated foreign operators."
In any case, she surmised, the tough regulations on gambling in Norway would probably have made the proposition unattractive economically to offshore operators.
Online Casino News Courtesy of Infopowa