Norsk Tipping records NOK 7.693bn in turbulent 2025
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- Norwegian state operator Norsk Tipping reported net gaming revenues of NOK 10.2bn and a profit of NOK 7.693bn in 2025, the second-best result in the company’s history.
- The year was marked by a series of regulatory fines from Lottstift, including a NOK 46m penalty for decade-long lottery draw errors and a NOK 10m fine over a Eurojackpot prize notification failure.
- NOK 7.823bn was distributed to good causes, with 2.35 million Norwegians active with the operator during the year.
Norsk Tipping has reported its second-best financial result in company history for 2025, with net gaming revenues of NOK 10.2bn and an annual profit of NOK 7.693bn, even as the state-owned Norwegian operator acknowledged a year of serious operational errors, regulatory fines and public criticism.
Record context
The company’s own annual report describes 2025 as the second-best result on record. The 2024 peak remains the historical high, driven by exceptional items including the sale of shares in Buypass AS and unusually high financial income. Stripped of those one-off factors, the 2025 figures reflect the underlying resilience of Norway’s state gambling monopoly.
A total of NOK 7.823bn was distributed to good causes — the operator’s primary statutory mandate — with 2.35 million Norwegians playing with Norsk Tipping during the year. The good-causes allocation includes NOK 4.116bn to sport, NOK 1.158bn to culture, NOK 879m through the grassroots share scheme, and NOK 38m to problem gambling measures.
Acting chief executive Vegar Strand said:
“2025 was demanding, but the figures show that we are still strong in our work on our social mission.”
Board chair Sylvia Brustad, commented:
“The surplus is a result of regulation, not a goal in itself, but within the framework of responsibility, we will deliver as much as possible back to society. In a year with major challenges, I am pleased that we are delivering good results, both in terms of the work on prevention and on efficient operations.”
Fines and compliance failures
The strong financial outcome arrived amid sustained regulatory pressure. During 2025, Norway’s Lottery and Foundations Authority (Lottstift) issued a series of penalties tied to technical and compliance failures at the operator.
In August 2025, Lottstift imposed a NOK 46m fine for systematic errors in Eurojackpot and Lotto draws that gave bulk and cooperative lottery orders a statistical advantage over individual players, a fault Lottstift determined had been present since 2015.
A further NOK 10m penalty was upheld in October, following a currency conversion error during the 27 June Eurojackpot draw that sent approximately 47,000 players incorrect prize notifications, some inflated by a factor of 10,000. Lottstift described it as Norsk Tipping’s third breach of Section 8 of the Gambling Act within just over a year.
In February 2026, the regulator issued a further NOK 1m fine for anti-money laundering compliance shortcomings, after finding the operator’s systems were not sufficiently robust to identify customers or monitor the origin of funds.
Harm prevention progress
Responsible gambling remained the operator’s stated central priority. New loss limits for the 20 to 24 age group were introduced during 2025, with positive early results reported. The company’s Gambling Pulse Index showed improvement across all players, with the most significant gains among the 18 to 25 age cohort.
The results come as Norsk Tipping operates within a reinforced state monopoly. Following the Labour Party’s re-election in 2025, international operators remain excluded from the Norwegian market.
Incoming chief executive Trond Bentestuen, appointed in December 2025, takes the helm as the operator seeks to embed the improvements from its quality programme and close the remaining compliance gaps flagged by Lottstift, including outstanding KYC data for a significant portion of its customer base, which the company has said it expects to resolve during 2026.
With the bulk of its 2025 fines now settled and a new compliance architecture in place, Norsk Tipping enters 2026 under pressure to demonstrate that its operational standards can match the strength of its financial performance.
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