Videoslots Receives Injunction Over Deposit Limit Violation
The Swedish Gambling Authority has imposed a fine on online casino operator Videoslots over violating the country's temporary deposit cap.
Videoslots received an injunction for violating the temporary deposit cap introduced due to the Covid-19 pandemic. The company is facing a fine of SEK 250,000 per week.
Videoslots received an injunction over a deposit limit violation. Players were able to bypass the weekly limit of SEK5,000 (about $603) for online casinos by cancelling withdrawal requests up to two months old.
Videoslots received an injunction over a deposit limit violation. The limit is SEK5,000 per week for commercial online gaming.
Videoslots received an injunction over a violation of deposit limit. The Kindred Group opposed the government's plans to extend the measures through 2021. Videoslabs introduced the withdrawal option in February 2020 following customer requests. The firm has launched a lawsuit against the Swedish government aiming to overhaul the restrictions. It is against EU law regarding the free movement of goods and services.