Compliance Updates

Videoslots disputes €10m fine and accuses Dutch regulator of acting unlawfully

Published

2 years ago

March 2, 2023

Reading Time: 2 minutes

Casino believes KSA’s largest ever sanction is absurd

Videoslots is to challenge the largest fine in the history of the Kansspelautoriteit (KSA) after accusing the Dutch regulator of abusing the mystery shopping regime.

In preparation for a KSa application in April 2022 the regulator’s logo was mistakenly visible for a short period of time on Videoslots’ website before being quickly removed.

European Gaming Congress 2024 (Warsaw, Poland)

When the KSA became aware of the mistake, it tried to sign up as a Dutch customer and failed because of the effective measures in place. The KSA then gained unauthorised access by pretending to be a German customer, managing to make a deposit and a single bet of 20 cents.

As soon as Videoslots learned that a KSA official had unlawfully accessed its site it implemented further measures to prevent this happening again.

The KSA has now issued a fine of €9,874,000, which will be the largest sanction in its history, after claiming Videoslots violated the Dutch Gaming Act. Videoslots denies the allegation and has objected to the fine.

Ulle Skottling, Deputy CEO at Videoslots, said: “Videoslots does not target but restrict the Netherlands, so the Dutch Gaming Act does not apply to its services. No Dutch players were able to access our site during the disputed period and there was no violation as a result.

“It is absurd that the KSA should fine us after gaining unauthorised access. It is simply not possible to protect fully against unauthorised access, and the KSA has no guidelines on what measures are sufficient.

“Furthermore, there was no demonstrable damage, and the interests of Dutch consumers were never compromised at any point. The KSA calculated the fine based on several guesstimates. There is no basis for it and all sense of proportionality is missing.

“Videoslots takes its legal and regulatory obligations extremely seriously, but we dispute the KSA’s actions and conclusions, which we believe are unlawful. We are confident of a positive outcome in this case.”

Compliance Updates

Stakelogic Secures License to the newly regulated Danish market

Published

3 days ago

December 20, 2024

George Miller

stakelogic-secures-license-to-the-newly-regulated-danish-market

Reading Time: < 1 minute

Industry-leading provider secures license to provide slots and live content in Denmark

Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.

The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.

Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.

The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.

Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.

Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.

We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”

The post Stakelogic Secures License to the newly regulated Danish market appeared first on European Gaming Industry News.

Compliance Updates

UKGC Appoints Charles Counsell OBE as Interim Chair

Published

3 days ago

December 20, 2024

Niji Narayan

ukgc-appoints-charles-counsell-obe-as-interim-chair

Reading Time: < 1 minute

Charles Counsell OBE has been appointed as Interim Chair of the UK Gambling Commission (UKGC) for a nine month term which will commence on 1 February 2025.

Charles was Chief Executive Officer of The Pensions Regulator from April 2019 to March 2023. Prior to this he was CEO of the Money Advice Service, and Executive Director of Automatic Enrolment at The Pensions Regulator.

As CEO of The Pensions Regulator, Charles developed the new corporate strategy to put the pension saver at the heart of the Regulator. He delivered their first Equality, Diversity and Inclusion Strategy and Climate Change strategies – both focused on driving change in the regulator and across the Pensions Sector.

Throughout his career, his roles have focused on setting up and delivering large change programmes requiring significant stakeholder relationship engagement: initially in the private sector and latterly in senior public sector appointments.

The post UKGC Appoints Charles Counsell OBE as Interim Chair appeared first on European Gaming Industry News.

Compliance Updates

SYNOT Games Secures Danish License

Published

3 days ago

December 20, 2024

Niji Narayan

Reading Time: < 1 minute

SYNOT Games has obtained a B2B online slot games supplier license in Denmark, authorising the company to supply its gaming content within Denmark’s regulated market. This B2B license, issued by the Danish Gambling Authority (Spillemyndigheden), becomes effective on January 1, 2025, aligning with new regulatory requirements mandating that all game suppliers hold such a license from that date forward.

This development enables SYNOT Games to offer its portfolio of slot games to Danish operators, reinforcing its commitment to compliance and responsible gaming practices.

“Obtaining the B2B license from the Danish Gambling Authority marks a significant milestone for us in the Danish market. This license not only aligns with new regulatory requirements but also reinforces our commitment to adhering to the highest industry standards. We are thrilled to continue offering Danish players the immersive gaming experience our portfolio provides,” said Martina Krajčí, CCO of SYNOT Games.

The post SYNOT Games Secures Danish License appeared first on European Gaming Industry News.