Swedish Court Rejects Global Gaming Bid for Lifting License Suspension

Posted at: 21 June 2019

Global Gaming, the parent company of Ninja Casino has lost its bid to continue providing its services on the territory of Sweden.

Earlier this week, the Swedish gambling watchdog Spelinspektionen revoked the license of Global Gaming due to social responsibility and anti-money laundering failures. The company was quick to announce its stance on the matter and pledged regulator’s decision.

According to Global Gaming representatives, the services it provides neither endanger players nor violate the anti-money laundering policy. Global Gaming’s CEO Tobias Fagerlund shared that company’s employees and shareholders “are suffering every minute business cannot be conducted” and requested the court to suspend the revoke and “limit the continuing damage to us.” The request was rejected by the Court.

Although the Court acknowledged that the license suspension was “a very invasive decision” it referred to the existing legislative framework. To be allowed to operate in Sweden, operators need to take adequate measures against excessive gambling and make sure their services are not used for money laundering practices. However, there was no evidence that Global Gaming has taken the necessary measures. As a result, the company is now prohibited from serving Swedish players until further notice.

The next thing on the agenda is a request for Spelinspektionen’s opinion on the matter. For the time being, it remains unclear if and when the company will accept Swedish players.

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