Global Gaming AB, listed in Stockholm, has suffered a further setback in reviving the prospects of its flagship Ninja Casino property, after reporting that the Swedish Supreme Administrative Court has dismissed its new’ licence revocation appeal.’
After a summer of legal disputes questioning the termination of the Malta-based subsidiary ‘ SafeEnt ‘ licence by the gaming regulator Spelinspektionen on the grounds of’ serious operating deficiencies’ in the management of Ninja Casino, Global Gaming Governance was served with yet another high court dismissal.
Global Gaming initiated legal proceedings in June, challenging the indefinite suspension of SafeEnt’s business within Linköping’s local administrative court, which declined to reverse the judgement on Spelinspektionen.
The ruling saw Global Gaming immediately lodge an appeal with Sweden’s ‘Supreme Court’ calling for ‘temporary relief’ from the suspension to be given to SafeEnt–a motion denied by Swedish judges.
After its rejections, the government of Global Gaming lifted its Ninja Casino appeal to the’ Supreme Administrative Court,’ which controls the third and final level of legal disputes in Sweden.
Tobias Fagerlund, Global Gaming’s chief executive, clarified that the company was’ disappointed at the decision’ and that it would explore more options for appeals within the legal systems of Sweden.
Publishing its interim trading statement on August 20, Fagerlund and Global Gaming Governance announced that as a result of its regulatory issues, the firm had begun to reduce employee headcount.