Norsk Tipping Sees Revenues Rise Ahead Of VLT Roll-Out

Norsk Tipping said it expects the roll-out of video-lottery terminals across Norway to generate further growth over 2009 after annual figures showed the monopoly gaming operator hit record revenues for last year.Norsk Tipping said it saw record annual turnover from its state-controlled lottery and gaming products last year as annual sales for 2008 hit NOK10.6bn (€1.22bn), up a modest 1.8 percent from NOK10.4bn (€1.2bn) the year previously. The figures meant nearly NOK3.66bn (€433m) would be paid out to Norwegian sports, cultural and charitable organisations this year, Norsk Tipping said.

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