Norsk Tipping appoints new chief executive
Summary
Norwegian state-owned gambling operator Norsk Tipping has named Trond Bentestuen as its new chief executive. He will succeed Vegar Strand, who has been acting CEO since Tonje Sagstuen’s departure. A start date for Bentestuen’s role has not yet been announced.
Key Points
- Trond Bentestuen appointed as CEO of Norsk Tipping, replacing acting CEO Vegar Strand.
- Bentestuen has recent CEO experience at Løvenskiold Handel and REMA 1000 Norge, and over a decade at DNB in senior roles.
- Bentestuen emphasised Norsk Tipping’s social mission: balancing responsible gaming with efficient operations and strong customer offers.
- Chair Sylvia Brustad cited his broad management experience and personal qualities as reasons for the appointment.
- The operator has faced a turbulent year: self-exclusion failures, incorrect Eurojackpot prize communications, and several fines (notably NOK36m and NOK46m).
- Independent reviews by KPMG and PwC highlighted weaknesses in quality control, technical competence and supplier management.
- Interim CEO Vegar Strand says the company has begun implementing recommendations, with 22 of 25 measures rolled out so far.
Content summary
Trond Bentestuen, a seasoned executive with retail and financial-services leadership experience, has been chosen to lead Norsk Tipping. The appointment comes amid a difficult period for the monopoly operator, which has been hit by multiple regulatory inquiries and fines after operational failures including problems with self-exclusion, erroneous prize communications and technical faults affecting draw fairness.
Bentestuen has spoken publicly about the importance of the company’s social mission to prevent gambling harm while delivering world-class services. The board’s chair welcomed him as the candidate able to drive the operator’s main ambitions: reducing gambling problems, improving digital customer experiences, and strengthening its capacity to change. Management has already started implementing external auditors’ recommendations to improve quality, developer and testing processes, and supplier oversight.
Context and relevance
This appointment matters because Norsk Tipping is Norway’s state gambling monopoly and a major channel for redirected revenue to good causes. Leadership stability and improved operational controls are essential to restore public trust and meet regulatory expectations. The decision follows high-profile errors and sizeable fines that have put governance and technical competence under scrutiny, so the new CEO will be central to rebuilding reputation and tightening controls.
Why should I read this?
Short version: this is the big reset for Norway’s gambling monopoly. If you care about regulatory pressure on operators, leadership shifts in state-owned businesses, or how firms recover from serious operational blow-ups, this one’s worth a skim — and probably a proper read if you work in compliance, product or policy. We saved you the headline: Bentestuen in, `rebuild trust` on the agenda, and a raft of fixes already underway.
Source
Source: https://igamingbusiness.com/people/people-moves/norsk-tipping-appoints-new-chief-executive/