Tag Archives: Videoslots

Videoslots to contest Swedish AML investigation 

SBC News Videoslots to contest Swedish AML investigation 

 Spelinspektionen, the Gambling Inspectorate of Sweden, has issued a warning and penalty fee of SEK 9m (€750k) on Videoslots for failure to uphold protections of Sweden’s Money Laundering Act. The Inspectorate had placed Videoslots under supervision on 2 November 2021, citing “shortcomings in the work against money laundering and financing of terrorism”.  Under scrutiny, Videoslots is reported to have insufficient …

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Videoslots looks to shore up sportsbook advantage with Delasport

Videoslots looks to shore up sportsbook advantage with Delasport

Delasport and Videolosts have entered into a new partnership focused around strengthening the latter’s sports betting offering. The Malta-based operator will integrate Delasport’s API across a range of sports markets to bolster its sportsbook platform. Having operated in the igaming space since 2011, Videoslots entered sports betting with a product launch in 2020. Delasport’s feed will be distributed to over …

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David Clifton: Licensing Expert – Questions on Consultations view of risk & vulnerability

SBC News David Clifton: Licensing Expert – Questions on Consultations view of risk & vulnerability

Post White Paper, UK gambling enters its ‘consultation phase’, as the government seeks relevant feedback on key policy proposals to govern the sector. Licensing Expert David Clifton details how consultation questions asked by the Gambling Commission reveal a new approach to the risk assessment & financial vulnerability of customers. ____________________ On 26 July, the UKGC launched its first set of …

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UKGC allows Videoslots to pay £2m for repeat LCCP failings  

SBC News UKGC allows Videoslots to pay £2m for repeat LCCP failings  

The UK Gambling Commission (UKGC) has allowed the Malta-based online casino group, Videoslots Limited, to pay a £2m regulatory settlement for breaches in regulatory compliance. This settlement follows the UKGC’s investigation into Videoslots, which focused on the company’s failure to match its LCCP duties from October 2019 to February 2022. The operator was found to have failed to implement AML …

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Videoslots to challenge €9.8m Dutch KSA fine

KSA, Netherlands/Dutch gambling authority

Videoslots has stated that it will challenge a €9.8m penalty summoned on its business by Dutch gambling authority Kansspelautoriteit (KSA).  The fine – yet to be disclosed by KSA – was branded as ‘absurd and unlawful’ by Videoslots, which  will unequivocally challenge how the Dutch authority issued the record penalty fee on its business. Malta-based Videoslots accused KSA of “calculating …

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Learn about the latest affiliate marketing trends and acquisition strategies in the ‘Affiliate, Marketing & Media Zone’

SBC News Learn about the latest affiliate marketing trends and acquisition strategies in the 'Affiliate, Marketing & Media Zone'

Affiliate, media and marketing professionals will gather in the dedicated zone at SBC Summit Barcelona 2022 to discuss the latest strategies, trends and regulatory challenges in affiliate marketing.  The exhibition floor at the Summit, which takes place at Fira Barcelona Montjuïc on 20-22 September,  will feature major companies such as Bet365, CasinoGuru News, Ebet, Kaizen Gaming, Melbet, Videoslots and XL …

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Pinnacle emphasises ‘focus on integrity’ with IBIA membership

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The International Betting Integrity Association (IBIA) has further bolstered its global rank, adding multinational betting operator Pinnacle. By joining the betting safeguarding association, Pinnacle will feed into the IBIA’s global integrity monitoring and alert platform alongside a range of other firms. The IBIA’s membership accounts for ‘nearly 50%’ of all regulated online operators, with the inclusion of Pinnacle following Coolbet …

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The shortlists are in — meet the contenders for SBC Awards taking place at the majestic Palau National

SBC News The shortlists are in — meet the contenders for SBC Awards taking place at the majestic Palau National

SBC is excited to announce that the shortlists for this year’s SBC Awards 2022 ceremony, taking place as part of the SBC Summit Barcelona in September, have now been decided.  The shortlists cap a successful year for Betsson Group, which leads the way with nine nominations, hoping to maintain the Casino Operator of the Year title and dethrone Bet365 in …

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Videoslots highlights ‘paramount importance’ of integrity in joining IBIA

SBC News Videoslots highlights ‘paramount importance’ of integrity in joining IBIA

Videoslots has become a member of the International Betting Integrity Association (IBIA), as its sportsbook joins a global monitoring and alert system. The online casino currently has licences to operate in the UK, Sweden, Italy, Spain, Denmark and Malta. It launched its sportsbook using its own proprietary software in June 2021. Martin Calleja, Head of Sports at Videoslots, commented: “Maintaining …

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