Videoslots, a prominent player in the Swedish online gambling industry, has received a significant vote of confidence from the Swedish Gambling Authority (SGA).
The SGA has granted Videoslots a five-year license renewal, extending its operating rights until the end of 2028.
This renewal represents the maximum possible extension that the SGA can bestow upon operators, underscoring the company’s strong standing in the Swedish market.
Videoslots has been a fixture in the Swedish gambling landscape since the inception of the regulated market in 2019.
The company has been at the forefront, spearheading the industry alongside its flagship brand and the emerging star, Mr. Vegas.
This renewal is a testament to Videoslots’ enduring commitment to the Swedish market and its dedication to providing players with a top-tier gaming experience.
In addition to solidifying its presence in Sweden, Videoslots has been making impressive strides across Europe and the Nordics.
The year 2023 marked a milestone for the company with the launch of its 10,000th slot game, a testament to its commitment to innovation and providing a diverse gaming library.
Moreover, Videoslots expanded its reach beyond European borders by launching its services in Ontario, Canada, further expanding its global footprint.
Ulle Skottling, Deputy CEO at Videoslots, expressed his enthusiasm for the license renewal, emphasizing that it strengthens the company’s position and validates its player-centric approach.
He went on to affirm Videoslots’ unwavering commitment to conducting its business in a compliant and responsible manner.
Skottling also welcomed the SGA’s recognition and continued confidence in the company’s practices, underscoring the importance of regulatory compliance in the industry.
With this renewed license from the SGA, Videoslots is poised for a promising future.
The company’s plans for 2024 are now backed by this vote of confidence, ensuring that it will continue to thrive and provide an exceptional gaming experience for players in Sweden and beyond.
As Videoslots continues to innovate and expand, its impact on the global gambling industry is likely to remain significant.