Goodwin NV barred from Swedish market
The company joins a growing list of Curaçao-based companies banned from the nation.
Key points:
– Goodwin NV has been removed from the Swedish gambling market
– The supplier was found to be operating in the nation without a license
– This latest action adds Goodwin NV to the growing list of barred Curaçao-based companies in Sweden
Curaçao-based gaming supplier Goodwin NV has been officially banned from operating in the Swedish market by Spelinspektionen – the nation’s gambling regulator.
The company has been removed from the market following suspicions that it was operating without a licence. Indeed, the investigation was concluded when a beta test by the Swedish Gambling Authority found that it was possible for Sweden-based customers to make an account, placing Goodwin NV in breach of Sweden’s Gambling Act.
Interestingly, this development closely follows an additional announcement that Versus Odds BV, which is also based in Curaçao, was also banned from the Swedish market for operating without a valid licence earlier this month.
With regard to Goodwin NV’s ban, the operator may appeal the decision. However, the action is effective immediately – and places Goodwin NV in jeopardy of additional financial penalties should the organisation fail to withdraw from the Swedish landscape.
After officially joining the Macolin Convention to combat match-fixing in sports last month, Sweden’s Trade Association for Online Gambling (BOS) also went on to introduce two new initiatives to enhance its efforts against money laundering in the gambling industry.
Good to know: Several Curaçao-based gambling companies – including Galaktika NV, Small House BV and Cosmogames NV – were also removed from the Swedish market in 2024
Towards the end of last year, the Swedish Gambling Authority received its budgetary framework for 2025 – and underlined that enhanced supervision over unlicensed gambling and match-fixing would be among its top priorities for the year ahead.
Most recently, the Authority released a statement that refuted claims of a data breach after a number of local journalists suggested there was an issue with the Spelpaus self-exclusion system.
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