Norway’s state-owned horse race betting operator Norsk Rikstoto has returned NOK516 million (€44.0 million) to Norwegian equestrian sport, despite posting a 4 per cent drop in gross gaming revenue in 2023.
Turnover from racing products was 4 per cent lower at NOK3.14 billion during the year, of which NOK1.75 billion was generated from betting on foreign horse races.
With NOK2.19 billion paid out in winnings to players, Norsk Rikstoto generated gross gaming revenue (GGR) of NOK952.2 million, [...]