Norwegian state-owned operator Norsk Tipping has been fined €89,000 after regulators found shortcomings in its anti-money-laundering (AML) controls.
The penalty follows an investigation that identified gaps in the operator’s systems and procedures designed to prevent financial crime and ensure compliance with AML obligations.
The ruling by Norway’s regulatory authority highlighted deficiencies in transaction monitoring and customer due diligence processes, which are central to detecting and reporting suspicious activity. While Norsk Tipping cooperated with authorities throughout the review, the regulator determined that enhanced controls were necessary to meet AML standards expected of licensed gaming operators.
In response to the decision, Norsk Tipping said it accepts the fine and is taking steps to strengthen its compliance frameworks. The company outlined plans to upgrade internal monitoring tools and refine staff training to improve detection and reporting of potentially illicit transactions.
Regulators emphasised that effective AML controls are critical to safeguarding the integrity of the gambling sector and protecting players, and cautioned that ongoing vigilance and robust systems are essential in managing financial crime risks.
