Versus Odds BV, a Curaçao-based operator, has been immediately prohibited by the Swedish Gaming Authority (SGA) for offering unlicensed gambling in Sweden.
The Swedish Gaming Authority (SGA) issued the ban after discovering that Versus Odds BV was targeting Swedish consumers without a local licence.
The investigation began when the SGA suspected that FortunePanda.com was illegally operating in Sweden. Upon review, the website was found to feature Swedish-language content, including policy documents, terms of service, and a FAQ section, making it accessible to Swedish users.
The company also promoted itself to Swedish players through affiliates and failed to implement measures preventing Swedish consumers from registering.
Versus Odds BV, which operates sites like FortunePanda and ArtCasino, did not respond to the SGA’s inquiries. The authority concluded that these activities breached Sweden’s Gambling Act, which requires a licence for operators targeting Swedish players.
The ban covers all websites under Versus Odds BV, with the SGA warning of further legal action if the company fails to comply. This measure aims to safeguard consumer protection and ensure gaming safety in Sweden.
The Swedish Gaming Authority (SGA) issued the ban after discovering that Versus Odds BV was targeting Swedish consumers without a local licence.
The investigation began when the SGA suspected that FortunePanda.com was illegally operating in Sweden. Upon review, the website was found to feature Swedish-language content, including policy documents, terms of service, and a FAQ section, making it accessible to Swedish users.
The company also promoted itself to Swedish players through affiliates and failed to implement measures preventing Swedish consumers from registering.
Versus Odds BV, which operates sites like FortunePanda and ArtCasino, did not respond to the SGA’s inquiries. The authority concluded that these activities breached Sweden’s Gambling Act, which requires a licence for operators targeting Swedish players.
The ban covers all websites under Versus Odds BV, with the SGA warning of further legal action if the company fails to comply. This measure aims to safeguard consumer protection and ensure gaming safety in Sweden.