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LuckyDays has closed – how your account funds are handled

LuckyDays has closed – how your account funds are handled

LuckyDays has shut down its Swedish operation and the company is no longer listed in the regulator’s licence register. Meanwhile, reports suggest casino supplier Play’n GO could be sold to a major regulated gaming group, and odds and betting-tech firm Kambi has posted a strong third quarter.

LuckyDays has exited the Swedish market

LuckyDays, operated by Malta-based L7 Entertainment Limited under Swedish licence number 25Si298, has closed its Swedish operation. LuckyDays closed its Swedish online casino, with the shutdown of the Swedish business taking place in September 2026. Industry coverage documented the closure in late September, alongside a farewell message to players.

It remains unclear why the Swedish licence stopped being registered. It has not been established why the company’s Swedish licence ceased to be registered. A licence can either expire on its own or be revoked after a decision by Spelinspektionen, and for LuckyDays the exact reason has not been established in the available material.

If you had an account with LuckyDays, the key point to know is that operator funds and player funds must be kept separate. Licensed operators must keep players’ money separate from the company’s own assets. In theory this means deposited funds should still be recoverable even if a site closes, but you should contact the company directly or seek information on how refunds work. If you want to check whether a casino still holds a Swedish licence, you can always look up the domain in Spelinspektionen’s register – the same principle covered in our guide on Swedish licence vs foreign licence.

Play’n GO could be sold to a major gaming group

Swedish-founded supplier Play’n GO, headquartered in Växjö, is reportedly exploring a sale according to several industry sources. Play’n GO might soon be sold to a major regulated gaming business, with a potential deal in the hundreds of millions, and the Swedish-founded provider is reportedly preparing the company for sale. CEO Johan Törnqvist has declined to comment on the reports.

Several large international gaming-tech companies have been named as possible buyers. Analysts argue a sale would fit a company like Play’n GO, which has publicly expressed its ambition to operate as a fully white-market, locally regulated entity. A new owner wouldn’t automatically change anything for Swedish players directly – Play’n GO’s games already sit on many Swedish-licensed casinos – but a deal could eventually affect which suppliers shape the game selection at several major brands.

Kambi reports a strong third quarter

Odds and betting-tech firm Kambi, listed on the Stockholm exchange and supplying services to several operators active in the Swedish market, reported a third quarter in which operating profit tripled year-on-year, while revenue rose 23 percent to $52 million. A strong quarter for a supplier like Kambi doesn’t directly affect individual player accounts, but it shows continued demand for licensed gaming technology, which indirectly strengthens the operators building their Swedish sites on Kambi’s platform.

The bigger picture

Today’s stories reflect two sides of the same market. On one hand, smaller operators like LuckyDays quietly disappear from the Swedish licence list, underlining why it’s worth regularly checking that a casino actually holds a valid Swedish licence before you play or deposit money – see our guide on how sister sites work to understand how companies and brands connect. On the other hand, the supply side keeps consolidating, with Play’n GO’s possible sale and Kambi’s strong numbers both signs that the largest players keep growing and strengthening their positions in the regulated part of the industry.

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