Connect with us

Daily News

Spelinspektionen Fines Casino Cosmopol SEK2m for AML Breaches



Spelinspektionen, Sweden’s gambling regulator, has handed down a SEK2 million (€180,000) penalty and a warning to Svenska Spel’s Casino Cosmopol for breaching anti-money laundering (AML) rules. This enforcement action underscores the regulator’s commitment to upholding stringent compliance standards in the Swedish gambling industry.

Casino Cosmopol faces a substantial fine from Spelinspektionen for AML violations, signaling a rigorous regulatory stance in Sweden’s gambling sector.

Following an investigation initiated in November 2021, Spelinspektionen found that Casino Cosmopol had failed in its know-your-customer procedures and identified past shortcomings concerning Sweden’s Money Laundering Act. This finding reflects the regulator’s vigilance in monitoring and enforcing AML regulations within the land-based casino sector.

In response to the regulator’s findings, Casino Cosmopol has acknowledged the issues and emphasized their pertinence to past practices. The brand has since implemented several improvement measures, including player registration for gaming machines and tables, lowered intervention thresholds, enhanced staff training on AML measures, and increased dedicated monitoring staff. This proactive approach demonstrates Casino Cosmopol’s commitment to rectifying past issues and adhering to regulatory standards.


Stay informed about the ongoing developments in Sweden’s gambling landscape. As regulatory bodies like Spelinspektionen continue to enforce compliance, operators and stakeholders must adapt to ensure they meet the highest industry standards.

Casino Cosmopol’s CEO, Ola Enquist, has expressed the brand’s determination to address any remaining shortcomings, highlighting the importance of combating money laundering as a serious social issue. “We have high ambitions for our work and have implemented new comprehensive tools and routines,” Enquist stated.

This fine comes amid Svenska Spel’s announcement of a restructuring of its land-based gaming business, following a revenue drop in H1. This segment includes Casino Cosmopol venues and Vegas slot machine operations.

Svenska Spel reported a slight increase in net gaming revenue for H1, reaching SEK 1.97 billion (€170 million). While online revenue grew by 9 percent, now comprising over half of the company’s total, revenue from the land-based Casino Cosmopol chain and Vegas slot machine business experienced a 13 percent decline, resulting in a SEK 52 million loss.


As the Swedish gambling market evolves, Spelinspektionen’s actions, such as the fine imposed on Casino Cosmopol, play a crucial role in maintaining a compliant and responsible gambling environment, ensuring that operators adhere to the highest standards of regulatory practices.

Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at:

For editorial or PR submissions, contact:

Copyright © 2024 Gamingo.News.