Videoslots Appoints New COO Amidst Regulatory Challenges

A premier online gaming platform, Videoslots, has designated seasoned executive Anna Komemi as their latest Chief Operating Officer.

Komemi contributes almost twenty years of expertise to the position, having occupied management roles at notable organizations such as Ladbrokes, Playtech, and Aspire Global. Her distinguished career encompasses diverse aspects of the iGaming sector, including periods in Israel, Bulgaria, and the Philippines. In her most recent endeavor, she played a crucial part in founding and expanding the white-label casino venture, Marketplay, serving as its CEO.

“Anna’s enthusiasm for the field is genuinely exceptional, and we are delighted to have her join Videoslots,” stated Ulle Skottling, Deputy CEO at Videoslots. “Her vast knowledge will be indispensable as we persist in our growth trajectory throughout 2024 and beyond.”

Komemi conveyed her eagerness to collaborate with the skilled team at Videoslots and expressed assurance in realizing the company’s ambitious objectives.

This calculated appointment follows Videoslots obtaining a five-year license renewal from the Swedish Gambling Authority, reinforcing the company’s foothold within the regulated Swedish market until the close of 2028.

Online slot machine provider, Videoslots, established in Sweden back in 2019, has encountered difficulties adhering to regulations. Operating their primary brand alongside the more recent Mr. Vegas, the company was recently issued a significant penalty of SEK 9 million (approximately $810,000) from the Swedish gaming authority. It appears their oversight of customer actions was lacking, prompting substantial concerns regarding their protocols for combating financial crimes.

This is not the first regulatory encounter for Videoslots. A mere few months prior, in June 2023, they reached a settlement with the UK Gambling Commission for a considerable £2 million (roughly $2.5 million) due to comparable concerns involving responsible gaming practices and, as you might have surmised, anti-money laundering safeguards.

Leave a Reply

Your email address will not be published. Required fields are marked *