Swedish regulator bans unlicensed Curaçao-based operator with immediate effect
Despite claims from Satoshi Gaming Group NV it had ceased operations in the market, the SGA’s recent assessment found players can still access the illegal site
The Swedish Gambling Authority (SGA) has banned Curaçao-based operator Satoshi Gaming Group NV from the market after it found the business was operating in the country without a licence.
The decision comes after an SGA investigation into trustdice.win, operated by Satoshi Gaming Group, found the site was providing games targeted at players in Sweden.
After accessing the site, the SGA found it boasted terms and conditions for games in Swedish, alongside an FAQ and policy document section in the Nordic language.
Marketing materials for the company and its “so-called affiliates” were also presented in Swedish.
As part of the investigation, the SGA carried out test purchases, though the regulator has confirmed those purchases have not yet been completed.
Scrutiny from the SGA also determined that Sweden-based players were not prevented from registering and creating an account on trustdice.win.
On 6 February 2025, the operator informed the SGA it had blocked Swedish IP addresses from accessing the site.
However, just over three weeks later, the regulator found that while the site was no longer accessible from its own IP address, it could still reach trustdice.win from another IP address.
On 6 March, Satoshi Gaming Group then informed the SGA it had taken additional measures to prevent Swedish consumers from reaching the site.
The operator told the regulator it would “review and change any remaining Swedish-language content on the website and Swedish-language marketing materials”.
The SGA said Satoshi Gaming Group did not provide a timeline for when these changes would come into effect.
The SGA ruling read: “Satoshi Gaming Group provides games in Sweden because the company’s website trustdice.win has terms and conditions for participation in games in Swedish, as well as policy documents, FAQs and other information in Swedish.
“Furthermore, the company markets itself to Swedish consumers through affiliates”.
Another inspection from the SGA conducted on 10 April found Satoshi Gaming Group had not ceased providing games in Sweden despite claims made in its February and March statements.
The regulator concluded: “Satoshi Gaming Group does not have a licence to provide games in Sweden. The SGA therefore decides to prohibit Satoshi Gaming Group from providing games in Sweden.
“The SGA considers that, in the interests of consumer protection and to guarantee gaming safety, it is important that the decision is complied with immediately. The decision shall therefore apply immediately.”
Earlier on this week, the regulator claimed the nation’s black market is “large and relatively easily accessible”, as part of a report into the illegal sector that included recommendations for the Swedish government.
The SGA is expected to issue an update regarding Sweden’s channelisation during Q2.
Last year, the authority said channelisation was 86%.