fromReadWrite
3 days agoNorsk Tipping fined 1M over money laundering compliance failures
Norway's state gambling operator has been ordered to pay a NOK 1 million ($105,000) fine after regulators concluded it fell short of key anti-money laundering obligations. In a decision dated Thursday (February 12), the Norwegian Lottery Authority (Lottstift) said Norsk Tipping violated several provisions of the Money Laundering Act. The findings come after a lengthy supervisory review carried out through 2025, culminating in a formal administrative penalty.
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