Swedish regulator hits Videoslots with injunction
26 January 2021
(PRESS RELEASE) -- Gaming companies with a Swedish license are obliged to comply with the gaming liability measures in the temporary regulation introduced in connection with COVID-19. In its supervision, the Swedish Gaming Inspectorate has found that players at Videoslots
Ltd, by canceling up to two-month-old withdrawals from their gaming accounts, have been able to deposit more than the maximum permitted amount of SEK 5,000 per week for games on commercial online games (online casino).
The Swedish Gaming Inspectorate now orders Videoslots
Ltd to immediately end the violation, which means that players can deposit more than SEK 5,000 per week for commercial online gaming. The Swedish Gaming Inspectorate combines the injunction with a fine of SEK 250,000 for each commenced week that the injunction is not complied with, calculated three weeks from the end of the week Videoslots Ltd takes part in the decision.
In the case, Videoslots Ltd has also claimed that the Swedish Gaming Inspectorate has been prevented from applying the Government's ordinance on temporary gambling liability measures. The Swedish Gaming Inspectorate considers, unlike Videoslots Ltd, that the regulation is applicable.