Canada’s FINTRAC hits 2 gaming corporations with $456K fines
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Canada’s FINTRAC fines 2 gaming corporations over AML rules

Canada’s FINTRAC fines 2 gaming corporations over AML rules

Canada’s Financial Transactions and Reports Analysis Center (FINTRAC) has announced that it imposed a combined fine of $456,000 on 2 provincial gaming corporations over anti-money laundering (AML) breaches and failing to file suspicious transaction reports (STRs).

FINTRAC shared the decision on September 3, 2026, stating that it issued administrative monetary fines against New Brunswick Lotteries and Gaming Corporation and Nova Scotia Gaming Corporation, imposing a $288,000 penalty on the former and a $167,000 penalty on the latter.

Acting Director and CEO of FINTRAC, Stéphane Sirard, commented:

“Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime is in place to protect the safety of Canadians, the security of Canadian businesses, and the integrity of Canada’s financial system. We will take firm action, when it is required, to ensure that businesses do their part and fulfill these obligations.”

In the case targeting New Brunswick, FINTRAC found that the company failed to file 3 STRs, although there were signs of abnormal transactions, such as players using the same card on different accounts and submitting the same addresses and phone numbers for multiple users.

For Nova Scotia, the corporation didn’t submit 2 suspicious transaction reports in cases where players provided fake or stolen information and had difficulty confirming their identities.

Alla Basentsyan
Alla Basentsyan
Content Writer

As a content writer at AffPapa, Alla focuses on daily coverage of iGaming news, writes in-depth articles on the most relevant topics of the sector, and presents insights from industry professionals through dedicated interviews. She combines her background in research with an engaging and informative approach to help readers stay up-to-date with everything that’s happening in global iGaming markets.