Global Gaming to appeal Swedish licence revocation
Following the news that its Swedish operating licence had been revoked, Global Gaming has pledged to fight the decision.
The operator’s SafeEnt Ltd subsidiary was stripped of its licence by the country’s gambling regulator Spelinspektionen, which highlighted a series of failings throughout the business.
The Ninja Casino operator was found to have failed to introduce effective player protection controls and anti-money laundering processes, amounting to significant breaches of the country’s gambling regulations.
While Global Gaming has opted to comply with the ruling and withdraw its services from the market, it disputes Spelinspektionen’s decision.
The operator said it was in dialogue with the regulator concerning its operational shortcomings, and had taken action to ensure it was complying with Swedish regulations.
“The information this morning from [Spelinspektionen] was unexpected as the company was under the impression that we are compliant with the regulations which the new legislation has set for gaming operators in Sweden,” the company’s acting chief executive Tobias Fagerlund, who took charge in April, replacing Joacim Möller in the role.
“That they have come to this decision is odd,” he added.
Global Gaming noted that it - and its legal advisors - was under the impression that it now fulfilled all necessary criteria for securing a licence. It noted that its lawyers believed the licence revocation was unjustified, and that it had grounds to dispute the decision.
“We will of course appeal the decision and have good reasons to believe that we will be successful,” Fagerlund said. “That the license now have been revoked lacks legal grounds and comprises disproportionate action which will cause the company significant damage.”