Swedish Authority Forces Yomoly Ltd to Exit Market Over Licensing Breach

Key Moments:

  • Spelinspektionen directed Yomoly Ltd. to stop offering gambling services in Sweden due to lack of a national license
  • The regulator previously prohibited Bitx Operations and Ryker B.V. for similar violations
  • Camilla Rosenberg is preparing to step down as Director General of Spelinspektionen

Regulatory Crackdown on Unlicensed Operators

Spelinspektionen, Sweden’s gambling regulator, has ordered Yomoly Ltd. to immediately halt its gambling activities targeted at Swedish consumers. The action was prompted by findings that Yomoly provided online gambling and casino services without securing the necessary national license, in violation of Sweden’s Gambling Act.

Commitment to Market Integrity and Transparency

Spelinspektionen emphasized its ongoing focus on combating unlicensed gambling operators. The agency maintains that ensuring all gambling within Sweden is conducted by licensed companies is essential for transparency and maintaining public trust in the regulated market. As part of its approach, the regulator communicates the reasons behind each enforcement decision.

Broader Enforcement Actions

The decision against Yomoly Ltd. is part of a wider effort to curb unauthorized gaming activities within Sweden. Earlier in the month, Spelinspektionen took similar actions against Bitx Operations and Ryker B.V., prohibiting both from offering services to Swedish players after they were found to be in breach of regulations. The regulator has cautioned that ongoing illegal operations could result in financial sanctions or legal proceedings.

Leadership Changes at Spelinspektionen

Camilla Rosenberg, who has served as Director General since 2017, is preparing to leave her post to accept a new position at the Ministry of Finance. Despite this impending change in leadership, Spelinspektionen has reinforced its dedication to thorough regulatory supervision and persistent enforcement against unauthorized gambling providers.

Calls for Compliance Among International Stakeholders

Over the past year, Spelinspektionen has reiterated its call for international operators and affiliates seeking to access the Swedish market to strictly adhere to local regulations. In a prior enforcement measure, the agency instructed two software suppliers to cease operations after uncovering evidence their technology was being used by unlicensed entities.

Ongoing Measures to Safeguard Players

Through these continued actions, Spelinspektionen aims to safeguard consumers, uphold the credibility of Sweden’s gambling market, and enforce the rules set out in the licensing framework.

CompanyAction Taken by Spelinspektionen
Yomoly Ltd.Ordered to cease operations in Sweden
Bitx OperationsBanned from offering services to Swedish customers
Ryker B.V.Banned from offering services to Swedish customers
  • Author

Daniel Williams

Daniel Williams has started his writing career as a freelance author at a local paper media. After working there for a couple of years and writing on various topics, he found his interest for the gambling industry.
Daniel Williams
Casino Guardian covers the latest news and events in the casino industry. Here you can also find extensive guides for roulette, slots, blackjack, video poker, and all live casino games as well as reviews of the most trusted UK online casinos and their mobile casino apps.

Related news