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Four gambling companies banned from operating in Sweden

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Four gambling companies banned from operating in Sweden

The announcement adds to the growing list of companies banned in Sweden.

Spelinspektionen, the Swedish Gaming Authority, has banned four companies from operating in Sweden without the required licences. The companies affected by this decision are Itsfail Ltd, Teamfail Limited, NewEra BV and Jer-Team NV.

Itsfail Ltd and Teamfail Limited were found to offer games where players could win or lose ‘skins’—collectable items from popular computer games that can often be exchanged for money outside the game.

Such websites cannot obtain a Swedish gaming licence and frequently lack proper age verification measures.

The Swedish Gambling Authority’s strategy emphasises ensuring that gambling activities are conducted through operators who hold a Swedish licence.

This recent action is therefore part of the Authority’s ongoing efforts to regulate the market and protect Swedish players from unlicensed operators.

A number of similar cases have arisen in recent weeks.

Just earlier this month, for example, the Swedish Gaming Authority banned MRSL NV from providing games without the necessary licence to Swedish players.

This decision saw MRSL NV joining an ever-growing list of operators banned in Sweden for infringements of Swedish regulation, including Equinox Dynamic, Alpha Interactive Solutions and Nero Media, among many others.

As well as outright bans, the Authority has also issued a number of recent fines.

Earlier this week, Kanon Gaming was on the receiving end of one such fine, being hit with a SEK 7m ($668,000) penalty for multiple legal breaches – including insufficient protection measures for players displaying signs of excessive gambling.

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