Global Gaming launches new Swedish site after licence revocation
Newly-launched brand NanoCasino will operate under a Finnplay subsidiary licence
Malta-headquartered egaming operator Global Gaming has confirmed the launch of its first online casino site in Sweden following the revocation of its Swedish licence.
NanoCasino.com is the first collaboration between Global Gaming and Finnish platform operator Finnplay since the announcement of an agreement between the two firms last week. As part of the agreement, NanoCasino will be operated by Finnplay subsidiary Viral Interactive Limited, which currently holds a Swedish Gambling Authority (SGA) licence to provide online gambling services.
In an interview last week with EGR, Global Gaming CEO Tobias Fagerlund claimed the company would not be “sitting with our arms crossed and waiting for the for the government to close us down”.
Fagerlund said today’s launch was further proof that the company was “certainly not wasting any time”.
“The cooperation is clearly already bearing fruit, and we look forward to future opportunities for growth,” he said. “Our absolute focus is on being able to continue offering our players the best and safest possible gaming experience, in all markets we wish to operate in,” Fagerlund added.
Finnplay CEO Martin Prantner said he was excited about the new partnership, asserting that it would bring an “enjoyable and safe” gaming experience to Swedish players in compliance with regulation.
“Our new platform, TITAN, is built for socially responsible gaming and fulfilling the compliance requirements in regulated markets,” Prantner said.
Global Gaming became the first Swedish operator to have its licence revoked in June following an SGA investigation which revealed serious failings in its AML and customer social responsibility policies.
The operator filed a lawsuit against the decision soon after, describing it as “disproportionate” and claiming that the SGA was trying to make an example of the firm.
In separate hearings in the Swedish administrative court, and subsequently the Swedish administrative court of appeal, the company lost its challenges to carry on operating while a full legal case is heard.