Videoslots Earns 5-Year SGA Renewal!

The Swedish Gambling Authority (SGA) has granted a five-year renewal to Videoslots for its operating license. This extension, valid until the culmination of 2028, stands as the pinnacle of endorsement from the SGA, affirming Videoslots’ adherence to regulatory standards and its unwavering loyalty to the Swedish market.

Maximum Extension Attained

The granted renewal, spanning the maximum possible period, showcases SGA’s unequivocal trust in Videoslots as an operator. This seal of approval not only underscores Videoslots’ consistent compliance but also positions the platform as a stalwart contributor to the regulated Swedish gambling landscape.

Videoslots has been a stalwart presence in the Swedish market since its inception, aligning with the first day the regulated market opened its doors in 2019. Over the years, the platform has become synonymous with innovation, housing flagship brands and emerging stars like Mr Vegas. The renewal is proof of the operator’s decade-long impact in the Swedish gaming arena.

This recent renewal solidifies the brand’s footprint not only in Sweden but Ontario market. The renewed license positions the operator as a key player in the European and Nordic iGaming landscape.

Player-Centric Validation

Ulle Skottling, Deputy CEO at Videoslots, hailed the license renewal as a validation of the company’s player-centric approach. The news, according to Skottling, not only strengthens the platform’s position in the market but also underscores its vision to prioritize player satisfaction and regulatory compliance.

As it embarks on this renewed era, the extension of its operating license until 2028 signals a sustained loyalty to excellence. The platform’s journey in the Swedish market, marked by innovation, compliance, and player-centricity, continues to chart new territories, solidifying its status as a formidable player in the ever-evolving iGaming landscape. The Swedish Gambling Authority’s nod of approval propels Videoslots into a future marked by sustained success and unwavering dedication to player satisfaction.

Ulle Skottling, Deputy CEO at Videoslots stated that the news strengthened the brand’s position and approved its player-centric approach.

He added: “We remain strong in business and compliance, and we welcome the SGA’s recognition and ongoing confidence in our practices. The decision s our plans for 2024.”

Source:

”Videoslots awarded Swedish licence extension”, europeangaming.eu, December 4, 2023.