license now have been revoked lacks legal support and compose an unproportional action which will cause the company significant damage. Global Gaming’s shares plummeted 45% on Monday on news that it has lost its Swedish license. Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories. HOME Events & Reports Ninja Casino Owner Losses Swedish License over AML, KYC Deficiencies June 17, 2019, 9:47 am · Spelinspektionen, the Swedish gambling authority, has cracked the whip on a major player in the local regulated Internet gaming space over anti-money laundering deficiencies and other violations. Ninja Casino‘s parent company has had its Swedish online gambling licenses revoked after the regulator found the company’s social responsibility and anti-money-laundering (AML) measures to be The group has now lost its license to operate in Sweden. The inspectorate moved quickly to suspend SafeEnt after the deficiencies were found. Spelinspektionen found that the operator had failed to maintain proper player protections at Ninja Casino and also failed to apply the correct anti-money laundering procedures on the site. The governance of Global Gaming AB has confirmed that it will challenge Swedish gambling inspectorate Spelinspektionen suspension of its Ninja Casino property. This morning, Spelinspektionen issued an update detailing that it had revoked with immediate effect the license of Global Gaming subsidiary SafeEnt, the operating firm of Ninja Casino. A new casino quickly appeared when Ninja lost its license and the stock began to recover. That new casino is called GoGo casino and was introduced with a lot of advertisement, although less than its predecessor Ninja Casino. The trial is now over, and the final decision will be made public late November. The loss of Ninja Casino’s Swedish-facing business caused a 75% drop in Global Gaming’s Q3 revenue and led to a 50% reduction in the company’s payroll. Global Gaming will issue its full-year Ninja Casino (www.ninjacasino.com) is operated by SafeEnt Limited (Company Registration Number C81929), 120, Level 6, The Strand, Gzira GZR1027, Malta, and licensed in Estonia under activity license no. HKT000035. The Estonian Tax and Customs Board is a regulatory body regulating remote gaming. Feb 19, 2020 - Ninja Casino lost its Swedish gaming license in mid-2019. In September 2019, Viral Interactive took over the casino for the reason. Swedish online portal operator, Global Gaming, has announced that players in Estonia will soon be able to enjoy access to its Ninja Casino brand after the Estonian Tax and Customs Board granted a license to its Safe Ent Limited subsidiary.. License to cover PayNPlay service: According to an official press release published by European Gaming Media and Events, the license also covers the Malmo
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