Curaçao-based Goodwin NV banned from Swedish market
January 28, 2025

Curaçao-based Goodwin NV banned from Swedish market

The Swedish Gambling Authority (Spelinspektionen) has taken decisive action against Curaçao-based gaming operator Goodwin NV, banning the company from operating in Sweden. The regulatory body uncovered evidence that the firm was allowing Swedish players to access its services without a valid licence, in direct violation of the country’s strict Gambling Act.

Unlicensed operations lead to immediate ban

Goodwin NV is now suspended as the Spelinspektionen investigation revealed that its customers in Sweden could make accounts on the site and play freely. In the beta test carried out by the regulator, non-compliance with Swedish laws governing gambling was observed. Because of this violation, the operator is ordered to close down all activities immediately in Sweden.

The regulator, therefore, announced that Goodwin NV would face more financial penalties should it not take down its services immediately. Even though the company has retained its right to appeal the verdict, the order has already come into effect, and such a message comes from Sweden which has zero tolerance against unlicensed gambling.

This is not an isolated incident. Earlier in the month, another Curaçao-based operator, Versus Odds BV, was barred for similar offences. The fight against unlicensed operators has always been a priority within the Swedish Gambling Authority’s framework to protect the consumer and secure a fair game.

These recent actions align with Sweden’s ongoing commitment to stricter gambling oversight. Last year, the regulator received an increased budget for 2025, focusing on tackling unlicensed gambling and match-fixing. This proactive stance aims to safeguard Swedish players and maintain the integrity of the country’s gambling market.

New initiatives to combat industry issues

Sweden has been ramping up its regulatory measures on multiple fronts. After joining the Macolin Convention last month to combat match-fixing in sports, the country’s Trade Association for Online Gambling (BOS) also launched new initiatives to enhance its fight against money laundering. These efforts underscore Sweden’s determination to address both unlicensed gambling and broader industry challenges.

In a completely separate development, the Spelinspektionen regulatory authority recently threw out allegations that their Spelpaus self-exclusion system suffered from a data breach. Some of the local journalists had previously caused a public buzz over some claimed issue; but the authority refuted it.

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