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Global Gaming to continue fight after losing Administrative Court appeal

20th June 2019 9:42 am GMT

Shares in Global Gaming 555 slumped by more than 17 per cent in Stockholm Thursday after the company confirmed that an Administrative Court has denied its appeal against the revocation of its operating license in Sweden.

Swedish gambling regulator Spelinspektionen revoked the company’s operating license on Monday, citing “serious deficiencies in the company's operations, including applicable gaming responsibility and anti-money laundering measures”.

The Ninja Casino-operator appealed the decision, arguing that it lacked support in the country’s Gambling [...]

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