Ninja Casino operator Global Gaming has become the first major casualty of Sweden’s strict iGaming regulations with the cancellation of its operating license. Swedish gambling regulator Spelinspektionen said Monday that it has revoked the license of Global Gaming subsidiary SafeEnt with immediate effect due to “serious deficiencies in the SafeEnt has lost its license to operate Ninja Casino in Sweden. Operating Issues. Spelinspektionen is the gaming inspectorate that has authority over lotteries, casino games, and other gambling activities in Sweden. Its task is to ensure that each activity takes place in a legalized, safe, and reliable manner. When issues arise, the Global Gaming narrows its Q1 losses through cost reductions, denies that its Ninja Casino brand is still operating in Sweden after license revocation. Sweden's gambling regulator revokes license held by Global Gaming (Ninja Casino) over serious failures in AML and social responsibility obligations. Ninja Casino, run by SafeEnts, has been stripped of its license and shut down with immediate effect by the Swedish regulator. Ninja Casino has been shut down with immediate effect by the Swedish regulator for serious breaches of anti-money laundering and responsible gambling requirements. According to local media Expressen.se, SafeEnts (itself a subsidiary of Global […] The company operates the Ninja Casino brand, among others. News emerged on Monday that the Swedish gambling regulator has revoked the license of Global Gaming’s subsidiary SafeEnt Ltd. after conducting a thorough review of its operations in Sweden. Ninja Casino promotional material has helped the brand win awards in Scandinavia, but regulators were in no mood to hand out plaudits on Monday when they revoked the company’s license to operate. 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. Ninja Casino, which does not require a player to register an account in order to be able to play, has enjoyed great popularity among Swedish gambling customers. According to Spelinspektionen’s statement, its parent company, SafeEnt, has breached different provisions of Sweden’s gambling regulations on multiple occasions. Entain's Enlabs AB comes with the prospect of relaunching Ninja Casino back online in Sweden; Ninja Casino's license was suspended in 2019 due to AML and responsible gambling failures ; Entain's new strategy focusing exclusively on legal markets may be what it takes for the company to restart the brand
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