Global Gaming’s licence revocation becomes legally binding
The Swedish licence revocation of Global Gaming is now legally binding after a final verdict was issued on an appeal. The licence had actually been suspended since 2019, after the regulator found serious deficiencies in Global’s practices, which included failings related to responsible gambling practices and measures taken against money laundering. Instead, the operator decided to lodge a series of appeals.
Sweden is dead set on creating a much safer gambling environment for every player through revocations of licences and the blockage and suspension of unsafe websites.
Global initially decided to challenge the ruling in the Swedish courts but failed. Later on, they were given the green light to launch a fresh appeal in January of this year with the Administrative Court of Appeal. Nevertheless, the court still rejected this appeal in October. With this verdict, the operator’s board announced that they would be accepting the revocation. Global recently stated that they have already began to apply extensive measures in order to raise standards across multiple parts of the business. With these measures being implemented, they should have a much higher level of regulatory compliance.
This is also unlikely to be the only Swedish licence revocation we will be seeing in the upcoming few months. A new investigation has recently been launched by Sweden’s Minister for Social Security Ardalan Shekarabi. This inquiry is looking to find newer and more creative ways to halt illegal gambling and unregulated casinos and eliminate them from the Swedish market.