Financial News

Shares in Ninja Casino operator Global Gaming 555 have gained over 50 per cent in value this week following the operator’s platform deal with Finnplay and news of Betsson’s 1.8 per cent shareholding in the company.

Global Gaming has been fighting to reinstate its Swedish license since it was revoked by Swedish gambling regulator Spelinspektionen on June 17th. Its appeal against the decision was rejected by the Administrative Court in Linköping last week, with the company now considering an appeal before the Supreme Administrative Court.

However, the business appears to be getting back on track, with Swedish investment firm Redeye predicting that Ninja Casino will be back in operation in Sweden within weeks, operating under Finnplay’s platform license.

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