After an extended break Right to the Source is back, with Ed Birkin and Robin Harrison speculating on Norsk Tipping losing its monopoly in the wake of a lottery scandal.
With over 15,000 players joining a suit in the wake of a litany of technical errors, which meant chances of winnings were distorted for some players, while others were told they had won far larger sums. The errors went undetected for almost a decade.
Could this be an echo of Veikkaus’ struggles in Finland, where advertising violations brought scrutiny and impacted public trust? That may well have contributed to the Finnish re-regulation, and as of 2027, the opening of a liberalised market. Norway has been resolutely against calls to end Norsk Tipping’s monopoly, but could this scandal force the issue?
Ed also finds time to rant about prediction markets, insult Northerners and call Star Wars rubbish.
Chapters
(00:00:15) - Samuel L. Jackson Is The Highest Grossing Actor Of All
(00:04:14) - Prediction Markets
(00:08:43) - Sports Betting
(00:10:37) - Prediction Markets: Just a Slot Machine
(00:16:16) - Sports Betting: Hype, no substance
(00:17:59) - Norway: 15,000 Lotteries Players Sue the Competition
(00:23:53) - Does issues with the lottery automatically feed through to the betting market?
(00:26:57) - Are You Being Radicalized By Social Media?
(00:27:38) - Germany's regulated gaming market
(00:28:37) - Germany: The highest number of brands in the UK