October 15 2019
This week, gambling operator Casino Cosmopol had an 8m Swedish krona ($813,344) fine cut by more than half by Sweden’s Administrative Court.
Cosmopol has now been ordered to pay just 3m Swedish krona ($305,000), although the Lotteriinspektionen, Sweden’s national gambling regulator, could still appeal the decision.
In November 2018, the company was fined for being in breach of licensing policies related to money laundering and terrorist financing.
