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# AGCO Fines NorthStar Gaming $100,000 Over AML Failures
- URL: https://www.igamingnews.biz/agco-northstar-gaming-aml-penalty/
- Published: 2026-08-31T08:36:57.000Z
- Updated: 2026-08-31T08:39:54.000Z
- Description: The AGCO fined NorthStar Gaming (Ontario) Inc. $100,000 after it let a high-risk player deposit $189,395 over a year without required source-of-funds checks.
- Author: iGamingNews Editorial Desk
- Tags: Regulation, Canada

*Image credit: Source: Alcohol and Gaming Commission of Ontario news release. Never imply stock depicts the actual event.*

**The Alcohol and Gaming Commission of Ontario issued a $100,000 monetary penalty to NorthStar Gaming (Ontario) Inc. on August 27, 2026, after finding the operator let a player it had flagged as high risk deposit $189,395 over more than a year without the enhanced checks its own anti-money laundering policy required.**

The player opened an account with NorthStar in March 2024 and hit the $25,000 lifetime deposit threshold that same month. Under NorthStar's own AML policy, that combination, a disclosed occupation the company had already classified as high risk plus the deposit trigger, was supposed to force Enhanced Due Diligence: classification as high risk, verification of source of funds, and escalating action if red flags kept appearing. NorthStar did none of it.

The account stayed open and active for more than a year. The player deposited over $55,000 in December 2024 alone, and total deposits reached roughly $189,395 by June 2025\. NorthStar only classified the player as high risk and closed the account that month, after the AGCO started asking questions. The regulator's compliance review began after the player was charged by police in connection with Project Outsource, a joint law enforcement operation targeting extortion and violence in Ontario's towing industry.

The AGCO grounded the penalty in Standard 6.03 of its Registrar's Standards for Internet Gaming, which requires internet gaming operators to run risk-based controls that identify, minimize and manage money laundering risk, and in the underlying obligations of the Gaming Control Act, 1992\. NorthStar has the right to request a hearing before the Licence Appeal Tribunal, an independent adjudicative body within Tribunals Ontario, within 15 days of being served the order.

"Operators are the first line of defence against criminal activity in Ontario's gaming market," said Dr. Karin Schnarr, registrar and CEO of the AGCO. "Anti-money laundering controls must be more than policies on paper. When risk indicators are triggered, operators are required to take active steps to help protect Ontario's regulated gaming sector from being misused for criminal activity. The AGCO will continue to hold operators accountable when they do not meet these important public-protection obligations."

NorthStar has not disputed the AGCO's findings and says it cooperated fully with the review. The company points to compliance investments made since the account was closed, including a new vice president of compliance and additional compliance staff, plus an expanded Compliance Committee. NorthStar named Krisztina Kalla to that VP of compliance role on August 17, 2026, the same week [it confirmed Corey Goodman as permanent CEO](https://www.igamingnews.biz/northstar-gaming-corey-goodman-ceo-cfo-transition/) and lost its chief financial officer, as the operator works through a Canadian securities cease trade order tied to unresolved financial reporting that has hung over the company since May.

For operators licensed in Ontario, the case sets a specific bar: a self-imposed AML policy is treated as an enforceable commitment, not a formality. If a company's own rules say a deposit threshold plus a risk flag triggers Enhanced Due Diligence, failing to act on that trigger is itself the violation, independent of whether money laundering is later proven. The AGCO has been active on this front this year, [fining Booming Games C$70,000](https://www.igamingnews.biz/agco-booming-games-autoplay-fine/) over a prohibited auto-play feature and [fining Betty Gaming CA$120,000](https://www.igamingnews.biz/agco-betty-gaming-underage-fine/) over underage accounts, part of a pattern of Ontario enforcement that mirrors AML actions elsewhere, including [the UK Gambling Commission's £609,104 fine against QuinnBet](https://www.igamingnews.biz/quinnbet-ukgc-fine-anti-money-laundering/) for its own AML failures.

NorthStar Gaming Holdings Inc. trades on the TSX Venture Exchange as NSBBF and operates the NorthStar Bets platform in Ontario. The company faces no additional deadline beyond the 15-day appeal window; absent a hearing request, the $100,000 penalty stands as issued.

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