ATG Hit with SEK 3m Fine Over AML Breaches : PMPMedia.io

By Arijit Roul - 16 Oct, 2025 More about the author

The Administrative Court upholds the Swedish operator’s penalty.

Important Facts

ATG gets SEK 3m fine for AML problems.
The operator lost its Administrative Court appeal.
The Swedish Gambling Authority did not get a larger fine.

The Swedish Gambling Authority, which is Spelinspektionen, fined ATG (AB Trav och Galopp) SEK 3M $320K) for poor anti-money laundering measures. In 2022, the authority looked into ATG’s AML procedures. Spelinspektionen discovered ATG didn’t create adequate safeguards to prevent money laundering and terrorist financing risks. ATG appealed to the Administrative Court but lost. Ruling judge Louise Millqvist described it as “a matter of a breach of fundamental rules on customer control, and it has been a matter of significant amounts.”

ATG Loses Appeal, Must Pay the Administrative Court of Appeal

ATG’s appeal failed, and the company must pay the Administrative Court of Appeal. The Swedish Gambling Authority requested more money as punishment. The court refused because the breach wasn’t serious enough for a higher penalty. Key information: Q1 2025 ATG report revealed that unlicensed gambling remains a major part of Sweden’s market.

Following this, ATG released complete H1 2025 financial results. The company reported SEK 2.6bn revenue, falling 5% year-on-year. ATG accused Finnish monopoly Veikkaus of anti-competitive behaviour during the summer. The company claimed Veikkaus abused its dominant position before Finland’s 2026 market opening. Recently, announcements confirmed ATG is entering Finland using the Hippos ATG Oy brand.