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Global Gaming to appeal license revocation as shares slump 45%

18th June 2019 6:40 am GMT
Global Gaming 555

Stockholm-listed gaming operator Global Gaming 555 has vowed to appeal the decision by Swedish gambling regulator Spelinspektionen to revoke the company’s operating license.

Shares in the Ninja Casino operator fell by 45.11 per cent Monday after the regulator announced its decision, citing “serious deficiencies in the company's operations, including applicable gaming responsibility and anti-money laundering measures”.

Global Gaming has discontinued its Swedish operations in response to the regulator’s decision, which it described as “odd”, adding that the [...]

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