This story was published more than 4 years ago.
Ninja Casino has had its Swedish gaming license pulled by the country's gaming regulator after the casino's parent company failed to comply with social responsibility and anti-money laundering regulations.
Sweden's regulator Spelinspektionen revoked SafeEnt's gaming license after the company's attempts to rectify their issues were not sufficient to address the necessary requirements. Furthermore, the regulator found that SafeEnt "lacks understanding of important parts of the regulations that govern" Sweden's gaming rules.
The pulling of the license will mean that Ninja Casino cannot offer their services in the country, and will instead have to rely on other markets. For their part, SafeEnt owner Global Gaming announced that they are appealing the decision and that they believe they will be successful due to the revocation order lacking legal support.
We'll follow this story and update readers as the appeal plays out.
Update: Court throws out Ninja Casino's attempt to overturn revocation
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Comments
Yeah I have to agree, with regulations becoming more and more strict, some casinos will lose their ability to operate in certain markets until they meet regulations. And maybe it's for the best.