The online gambling industry has experienced significant growth, especially in countries where it is regulated and legalized. One such country is Sweden, which has been carefully monitoring and controlling its gambling market to provide a safe and responsible environment for players.
The Swedish Gambling Authority (SGA) has recently announced that it has granted a five-year renewal to VideoSlots, for its license. Valid until the end of 2028, it is the maximum possible extension the SGA can give operators. This decision is a testament to the operator's commitment to responsible and ethical gambling practices.
Ulle Skottling, Deputy CEO at VideoSlots, said:
"The news strengthened the company's position and validated its player-centric approach."
As one of Europe's largest online casino operators, VideoSlots has established itself as a trusted and reputable brand in the industry. The SGA's renewal of its license further solidifies this reputation and reaffirms the operator's compliance with regulations and standards set by the authority.
With this renewed license, VideoSlots will continue to offer a wide range of high-quality games from top providers to customers in Sweden. It includes strict measures to protect players, such as self-exclusion options and responsible gambling tools.
Ulle Skottling, Deputy CEO at VideoSlots, added:
"We remain strong in business and compliance, and we welcome the SGA's recognition and ongoing confidence in our practices. The decision supports our plans for 2024."
VideoSlots has been a significant player in the Swedish gambling industry since its inception in 2019. The company's flagship brand has become synonymous with quality and reliability, setting high standards for other operators. Furthermore, this announcement validates Videoslots' presence in Europe and the Nordic region after a prosperous 2023 that included the debut of its 10,000th slot game and expansion into Ontario.
Owned by VideoSlots Ltd in Malta, this online casino has established itself as a top brand since its launch in the spring of 2011. With an impressive collection of games catering to all preferences, it has quickly gained recognition and respect within the industry.
Obtaining a license from the Malta Gaming Authority is crucial for online casinos operating in the EU market, and VideosSlots holds this license. It also has one license from the UK Gambling Commission and one from the Swedish Gambling Authority.
Since its launch, the casino has continuously expanded its game library, featuring titles from renowned developers like NetEnt, NextGen, Blueprint Gaming, Evolution, Four Leaf Gaming, Gaming Corps, Aristocrat, Play'n GO, and many more popular providers. With over 4000 games, including live options, VideoSlots Casino offers something for every player. It's a paradise for all casino enthusiasts and especially for slots lovers.
At VideoSlots, players can choose from various languages, including Danish, German, English, Finnish, Japanese and Norwegian. In addition to offering a diverse selection of languages, the casino prioritizes security measures and responsible gambling practices. To ensure convenience for its users, VideoSlots provides numerous options for depositing and withdrawing funds, such as credit cards, direct bank transfers, and e-wallets. Players can easily manage their transactions and keep track of their balances through the casino's intuitive platform.