500.com suspends MultiLotto ops after Swedish license cockup

Online gambling operator Global Gaming hopes a court review will resuscitate its revoked Swedish license while 500.com has been forced to suspend its Swedish activity after failing to renew its license on time.

On Tuesday, Global Gaming 555 AB announced that the Administrative Court of Appeal in Jönköping had agreed to review a court ruling centered on last June’s revocation of the company’s Swedish gaming license by the country’s Spelinspektionen regulatory body.

The regulator revoked the license after determining that Global Gaming’s Ninja Casino brand had failed to demonstrate sufficient compliance with Spelinspektionen’s anti-money laundering and social responsibility rules. Global Gaming’s attempts to appeal the revocation have so far been unsuccessful, including the most recent court ruling last November.

Global Gaming CEO Tobias Fagerlund said Tuesday that his firm was relieved by the Jönköping court’s willingness to review the November dismissal of Global Gaming’s appeal, adding that the company continues to view the license revocation as “disproportionate and incorrect.”