Swedish Gambling Authority reduces fine for Videoslots for money-laundering violations

Videoslots was ruled against by the Swedish Administrative Court, which confirmed violations of the nation's money laundering laws.

Insufficient customer due diligence and improper document and information retention were the violations that prompted the Swedish Gambling Authority to step in.

Although the court accepted the Inspectorate's conclusions that the violations were severe, it concluded that there was not enough proof to classify them as systematic or support the higher fee.