In the autumn of 2021, the Swedish Gaming Authority initiated supervision of Videoslots Ltd’s efforts in combating money laundering and ensuring a sufficient understanding of their customers. This review also encompassed how Videoslots Ltd manages customer risk profiles and implements heightened customer awareness measures.
According to Spelinspektionen’s evaluation, Videoslots Ltd has fallen short in its efforts to understand its customers. They have not taken adequate steps to assess the risks associated with their operations being utilized for money laundering and terrorist financing. These shortcomings are deemed so severe that Videoslots Ltd is issued a warning and a penalty of SEK 9 million.
Under the Money Laundering Act, the maximum penalty for non-compliance is one million euros.
Videoslots Ltd holds a license for conducting commercial online gaming on the videoslots.com website.
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}