Spelinspektionen, the Swedish regulator, has sanctioned Videoslots for breaching its duty of care to players and failing to discourage excessive gambling.
Alongside a warning, the operator has also been hit by a SEK 12,000,000 (£938,400) sanction fee for breaching Chapter 14, Section 1 of Sweden’s Gambling Act – which calls on licensees to “protect players against excessive gambling and to help them reduce their gambling when there is reason to do so (duty of care)”.
“Videoslots Ltd has not taken sufficiently effective measures to discourage excessive gambling. They have also not followed up on the effect of the measures taken and have not acted quickly enough. Thus, the company has breached the so-called duty of care,” stated Spelinspektionen.
The operator previously reached a £2m settlement with the UK Gambling Commission in June 2023 after social responsibility and anti-money laundering failures were discovered during a commission investigation.
Videoslots Ltd conducts online g..