{"id":5782,"date":"2023-09-26T05:23:03","date_gmt":"2023-09-26T05:23:03","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/09\/26\/norwegian-lottery-authority-tightens-monitoring-of-banks-to-enforce-gambling-transaction-ban\/"},"modified":"2023-09-26T05:23:03","modified_gmt":"2023-09-26T05:23:03","slug":"norwegian-lottery-authority-tightens-monitoring-of-banks-to-enforce-gambling-transaction-ban","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/09\/26\/norwegian-lottery-authority-tightens-monitoring-of-banks-to-enforce-gambling-transaction-ban\/","title":{"rendered":"Norwegian Lottery Authority Tightens Monitoring of Banks to Enforce Gambling Transaction Ban"},"content":{"rendered":"
\n

The Norwegian Lottery Authority, known as Lotteritilsynet, has intensified its efforts to ensure that banks in the country adhere to the ban on processing transactions with unlicensed gambling operators. Norwegian law prohibits banks from facilitating deposits and withdrawals on websites without the necessary licenses, as outlined in Section 5 of the Norway Gambling Act.<\/p>\n

While Lotteritilsynet did not specify whether any of the nine banks in question have violated this ban, it confirmed that it would implement \u201csupervision of compliance\u201d for each of these financial institutions. The regulatory body possesses the authority to instruct banks to block transactions involving specific accounts and companies.<\/p>\n

\n
\n
\n
\n