Norway’s Lottery Regulator Supervises 9 Banks For Non-Legal Gambling Transactions

Lotteritilsynet, the Norwegian lottery authority, will keep the country’s nine banks under supervision to make sure their obedience regarding the ban on “processing transactions” with operators that don’t own license.

Monitoring:

In compliance with the section 5 of the Norwegian Gambling Act: “National laws state banks in Norway cannot allow deposits into and withdrawals from sites without a licence.” Additionally, the Norwegian Lottery Authority didn’t say if said banks violated this ban, nor did it unveil their identity. But the regulatory body did verify it would set up “supervision of compliance“ for every of the 9 banks.