A response has been issued by Global Gaming in response to a licence revocation by Swedish regulator the Spelinspektionen, where they have stated its intention to appeal the decision.
The company’s subsidiary SafeEnt, which runs the gaming entity Ninja Casino, alongside spellandet.com, lost their Swedish license for commercial and online betting.
However, its has been noted that Global Gaming and its legal advisors, stress the impression that all demands to hold a license are compiled with.
It has also been stated that its legal team is under the firm impression that the Gaming Authority’s decision lacks support in the gaming law, which will subsequently see the firm appeal the ruling.
It has been said that SafeEnt have been under a period of dialogue with theSwedish Gaming Authority which is concerning the shortcomings, with the products “for the time being” having been discontinued within the country.
Tobias Fagerlund, acting CEO at Global Gaming, said: “The information this morning from the Gaming Authority came unexpected, due to that the company is under the impression that we comply with the regulations which the new legislation has set on gaming operators in Sweden. That they come with this decision is odd.
“We will of course appeal the decision and have good reasons to believe that we will have success in an appeal. That the license now have been revoked lacks legal support and compose an unproportional action which will cause the company significant damage.”
The regulator wrote in a media statement: “SafeEnt has described what measures it intends to take to correct the deficiencies, but the Spelinspektionen believes that the measures are not sufficient and notes that SafeEnt lacks understanding of important parts of the regulations that govern the operations.
“The Spelinspektionen revokes the SafeEnt licenses with immediate effect, since the company’s existing and prospective customers may be adversely affected if the business is allowed to continue.”