Swedish regulator bans GG.Bet over missing licence

by SBC News
2 minutes read
Spelinspektion, the Swedish gambling authority, has found GG.Bet to be in breach of Swedish gambling law.

After an investigation, the regulator found that when accessing the domain owned by ASG 360 Services Ltd from a Swedish-based IP address, the pre-selected currency was Swedish Krona (SEK).

Additional details around the investigation revealed that Swedish-based customers were in no way prevented from opening an account with ASG 360 Services. The company currently has no licence for the Swedish market.

Headquartered in Cyprus, the company also operates 20 additional domains that were listed by Spelinspektion. Some have been found to offer marketing in Swedish, the regulator further noted.

Sweden’s rulebook
The Swedish Gambling Act strictly prohibits any type of gambling targeting the Swedish market unless the necessary requirements – one of which is having a local license – are met.

It is within Spelinspektionen’s powers to request the ceasing of unregulated services with i..

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