Global gaming is not quitting from the Swedish online gambling market anytime soon. The company has confirmed its plan to launch a new online gambling website with igaming technology and platform provider Finnplay Group, in its bid to continue offering online casino and other gambling products to Swedish players.
The new online casino would be named NanCasino would be operated by Viral Interactive, a Finnplay subsidiary which already holds an online gambling license in Sweden.
Earlier in June, Swedish gambling regulator, Spelinspektionen suspended Global Gaming’s Ninja Casino’s operational license and asked the gambling operator to cease operations of the gambling site with immediate effect.
The decision to cease operations and suspend the license for Ninja Casino came after the gambling regulator found significant deficiencies and drawbacks in the company’s operations. As per the reports, the gambling regulator found that the company was not ensuring the compliance guidelines and was also lax on implementing anti-money-laundering measures.
Following the ban, Global Gaming went to appeal against the gambling regulator’s decision; however, an administrative court rejected Global Gaming’s appeal against gambling regulator’s decision to revoke the company’s Ninja Casino license.
Rejecting the appeal, the court observed that gambling could not be used as a means of money laundering.
Talking of the new partnership and plan to launch the new NanoCasino with Finnplay, Global Gaming chief executive Tobias Fagerlund said: “Both organizations are utterly professional, and we are certainly not wasting any time. I think the proof is in the fact that we have only just launched the cooperation last week, but are already announcing the imminent launch in Sweden of a player experience that’s fully licensed, safe and secure.
“Our absolute focus is on being able to continue offering our players the best and safest possible gaming experience, in all markets we wish to operate in.”