Sweden’s gambling regulator has temporarily withdrawn Charm Entertainment AB’s licences for commercial land-based casino gaming, ordering the company to stop all licensed gambling operations immediately while a wider regulatory investigation continues.
Spelinspektionen issued the interim decision on 1 October. It applies to all of Charm Entertainment’s licences and gaming locations and will remain in force until the regulator reaches a final decision, or until 1 April 2027 at the latest.
The regulator opened its supervisory case against Charm on 27 May 2026 to examine whether the company continued to meet requirements under Sweden’s Gambling Act. The review also covers compliance with rules governing taxation, accounting and bookkeeping, which Spelinspektionen considers fundamental conditions for holding a gambling licence.
As part of the investigation, Spelinspektionen examined Charm’s annual reports for the 2023, 2024 and 2025 financial years. The authority identified two registered annual reports for 2023 and said its review raised concerns about the company’s financial administration.
The regulator also reviewed material from criminal proceedings before Södertälje District Court involving Lucky 21 Casino AB, a company that previously held a gambling licence. Current and former individuals connected with Charm’s management have been charged with offences including aggravated accounting crime relating to operations at Lucky 21. The charges have not yet resulted in final convictions.
According to Spelinspektionen, Lucky 21 and Charm operated substantially similar businesses, used many of the same gaming locations and involved largely the same group of people. The regulator said this overlap, combined with its examination of Charm’s financial records, gave it grounds to suspect that financial irregularities associated with Lucky 21 may also have occurred at Charm.
Spelinspektionen consequently concluded that Charm was likely no longer meeting the suitability and compliance standards required of a Swedish licence holder. It also considered the alleged breaches serious enough that permanent revocation could ultimately follow.
Under Swedish law, an interim licence withdrawal can initially remain in place for up to six months and may be extended once for another six months if special circumstances exist. Charm can appeal the decision to the Administrative Court in Linköping, but the suspension remains immediately enforceable while any appeal is considered.