Carl Fredrik Stenstrom questions the proposed merger, warning of uncertain financial consequences for horseracing and concerns over the process.
Read the full interview published in Global Gaming Insider
Norsk Rikstoto is struggling, according to critics. In 2023, Rikstoto contacted Norsk Tipping to investigate the possibility of a merger. This fall, the Ministry of Culture is expected to decide whether the two operators should merge.
Carl Fredrik Stenstrom, Secretary General of the Norwegian Online Gambling Industry Association (NBO), recently wrote about the proposed merger in Norwegian media. He argues that its financial benefits are far from certain, pointing to experiences in countries such as Finland and Denmark, where horse betting has struggled after being incorporated into broader gambling operations. Meanwhile, large parts of the Norwegian equestrian sector are skeptical of the merger.
Global Gaming Insider approached Stenstrom, a past contributor to the publication, for further insight into the proposed merger. He elaborated on his concerns about the process, its potential financial impact on horseracing and whether the interests of the sport are being adequately protected.