Sweden’s new gambling regulatory body, Spelinspektionen,has claimed its first scalp, with the new regime only being setup over six months ago.

Ninja Casino’s promotional material helped the brand win awards in Scandinavia, but regulators were not so favourable to hand out plaudits on Monday when they revoked the company’s license to operate.

Spelinspektionen announced it had revoked the license of SafeEnt Ltd, a subsidiary of Sweden’s own Global Gaming 555 (GG), for “serious deficiencies in the company’s operations, including applicable gaming responsibility and measures against money laundering.”

In January, GG was awarded “Operator of the Year” at the EGR Nordic Gaming Awards. Regulators less so, on Monday.

Spelinspektionen said it had found serious and systematic failures of the company’s anti-money laundering and anti-terror financing procedures, risk assessment, and bonus programs.

The company had “violated several of the most central parts of the new gaming laws,” and lacked “understanding of important parts of the regulations that govern its operations,” it added.

Ninja casino stripped of Swedish license in less than 7 months