Yggdrasil fined for supplying unlicensed operator in Sweden’s crackdown on illegal and unlicenced gambling sites. The Swedish Gambling Authority has taken another step in the war on illegal gambling by fining the games supplier as well as action against the unlicenced operator.
Yggdrasil Gaming Limited (Yggdrasil) was granted 22 March 2023 permission to manufacture, provide, install and modify such game software as used when providing online games according to ch. 7 or ch. 8 the game rules (2018:1138) from and including 1 July 2023. The permit is valid until 30 June 2028.
Safer Gambling
This is all part of the new regulations that European Gambling Authorities are undertaking to tackle unlicenced gambling sites. Safer Gambling action starts with a Gambling Licence where gambling providers are held to account. All Licenced Gambling sites are “Gambling Safe Compliant”, and controlled and regulated by a Gambling Commission dedicated to the Country of Licenced origin.
The Swedish Gambling Authority has fined Yggdrasil, an iGaming supplier, SEK300,000 (£22,508) for providing its services to an unlicensed operator. This penalty comes as a result of a “serious” violation discovered by the regulator, Spelinspektionen, during inspections in January this year targeting illegal operators in Sweden.
According to the Swedish Gaming Authority, Yggdrasil Gaming Limited supplied gaming software to an entity lacking the necessary Swedish license. Consequently, the company has been issued a warning and a penalty fee of SEK 300,000.
Prevention of Unlicenced Operators
Since July 1, 2023, a license has been mandatory for handling gambling software under the Gambling Act. This requirement pertains to entities involved in manufacturing, providing, installing, and/or modifying gaming software used in commercial online gambling. The aim is to deter illegal gambling activities by ensuring that unlicensed operators cannot engage with suppliers who cater to licensed operators in Sweden.
Yggdrasil took corrective measures a week after the discovery, severing ties with the unlicensed entity. The supplier attributed the supply issue to a breach of contract with a distributor.
While Spelinspektionen acknowledged Yggdrasil’s cooperation with the investigation, it deemed the cooperation as falling short of what is typically expected from a company operating under regulated supervision. The regulator emphasized that the mitigating circumstances did not diminish the seriousness of the violation to an extent where it could be deemed minor or excusable.
Consequently, the regulator concluded that the violation was not minor or excusable and deemed it appropriate to impose a sanction fee.
Swedish Gambling Authority
The Swedish Gambling Authority is the authority that has been given the task of ensuring the legality, safety, and reliability of the Swedish gaming and gambling market. Their aim is to provide consumers with the tools needed for fair gaming by maintaining a transparent and balanced gaming market in addition to reducing the potentially harmful social effects gambling may entail.
Game Developer
Yggdrasil Gaming Limited (Yggdrasil) was granted 22 March 2023 permission to manufacture, provide, install and modify such game software as used when providing online games according to ch. 7 or ch. 8 the game rules (2018:1138) from and including 1 July 2023. The permit is valid until 30 June 2028.
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