A Swedish administrative court has rejected Global Gaming’s appeal against the decision taken by the country’s gambling regulator to revoke the company’s Ninja Casino license.
The gambling regulator said that after reviewing the casino’s operations, it found “significant deficiencies” in the’ company’s anti-money-laundering measures. The gambling regulator suspended operations citing that SafeEnt, the company operating Ninja Casino has no regard for the country’s new gambling laws and that it had offered several bonuses at more than one occasion. It also said that the casino had resorted to customer profiling and was lax with its KYC procedures.
Following the announcement made by the gambling regulator to revoke the license, the company went on to appeal against the decision. Hearing Global Gaming’s appeal administrative Court of Linköping, said that the company is not allowed to offer services while the hearing is in process and it also rejected the plea to allow them to continue with their operations with immediate effect.
Global Gaming said that the charges by the gambling regulator are devoid of substance and that the decision has caused significant damage to their business. They also argued that at the most a financial penalty would have sufficed.
However, the court rejected the gambling operator’s requests. It also observed that gambling could not be used as a means of money laundering. The court, however, agreed that the gambling regulator’s decision could have caused the company severe damages.
Global Gaming could appeal against the Administrative Court’s decision in the Jönköping Chamber of Commerce.