Norway’s Lottery Authority says 8 in 10 banks contact customers over illegal-gambling transactions
Source: Lotteritilsynet (Norway)
Norway’s Lottery Authority said eight in 10 banks have procedures to contact customers over transactions with illegal gambling companies, up from six in 10 in 2020. A survey of Norwegian banks found that nearly seven in 10 provide information about possible consequences, while two in three said gambling problems are rarely or sometimes discussed in loan meetings.
The findings inform banks and gambling regulators about customer-contact practices linked to transactions with illegal operators.