The Swedish Gambling Authority revoked Global Gaming subsidiary SafeEnt’s license earlier this year after reporting "serious deficiencies" in the brand's business practices, including failings related to responsible gambling and anti-money laundering measures.
The operator recently suffered its latest setback in the case, after its appeal against the decision was rejected.
When asked for his reaction to the decision, Fagerlund told Gambling Insider: "We think our argument is good and relevant and we do not share the opinion of the court.
"Of course, the decision affects our short-term possibilities for doing business in Sweden under our own license.
"However, it is important for me to emphasise everything we do is based on our current situation and we are not taken by surprise by the outcome in the first court.
"We have long-term plans for any potential final outcome, even if we are convinced we have a good chance of being successful at the end of the legal process."
