Lotteritilsynet sets Trannel daily enforcement fine at NOK1.198m
Source: Lotteritilsynet (Norway)
Norway’s Lotteritilsynet said Trannel must stop offering gambling in Norway or face a daily enforcement fine of NOK1.198 million. The fine would begin three weeks after the decision and continue until the offer stops or the total reaches an estimated NOK437 million, equivalent to Trannel’s estimated annual gross profit.
The daily fine creates continuing financial exposure for Trannel until its Norwegian gambling offer stops or reaches the cap.