Videoslots.com recently promoted former Chief Operations Officer Ulle Skottling to Deputy CEO. Ulle Skottling had been working as COO since his appointment in 2016 where he joined the company from NetEnt AB, a reputable Stockholm-based games developer in its own right. At NetEnt AB, Ulle worked as Deputy Managing Director as well as Head of Account Management from 2014 until his departure to join Videoslots.com in 2016.
In his new higher-ranking position, Ulle will be in charge of developing a more enhanced corporate structure in Videoslots.com, which will allow the company to scale in the wake of increased competition. As Deputy CEO, Ulle will work hand in hand with the founder of Videoslots, Alexander Stevendahl.
As Videoslots continue efforts to enhance and further develop its online casino platform, Ulle will want to ensure that the offerings to customers are as assorted and as high quality as possible.
Not so long ago in January, Videoslots also welcomed Matthew Piscopo as the new chief product officer. Piscopo joined the Videoslots C-Suite team in January bringing with him over 10 years of iGaming experience having worked with major operators around the world including the likes of Betsson and Wetten, as well as Blexr, the lead generation specialist.
Videoslots continues growing in 2021
As far as online casino operators go, Videoslots has had a great start this year. It marked its entry into the Danish market this February by entering into a partnership with Nolimit City. Thanks to this partnership, punters in Denmark now have access to Videoslot’s wide range of games.
Videslots has always prided itself on supplying its players from all over the world with the largest selection of slot and table games in the industry, featuring titles from some of the most sought-after providers in iGaming. Not so long ago, Videoslots went live with its 5000th game, which is a testament to its lasting power in the industry.
Videoslots’ 5000 release, which was Greentube’s Cops ‘n’ RobbersTM Vegas Nights, will go a long way in helping Videoslot continue its push to become the world’s biggest online casino. Today, Videoslots online casino offers its customers 5,000 games and growing from over 155 various providers. As such, a Videoslots customer will never run out of things to keep them occupied as mentioned in this casino review.
Even though 2020 was a particularly hard year for the casino industry, online casino operators such as Videoslots have managed to weather the storm in the most remarkable ways. Just before the end of the year, Videoslots managed the impossible by securing license approval to launch its sports wagering product in Sweden.
After securing its license approval from the gambling regulator in Sweden also known as Spelinspektionen, Videoslots became the 49th licensed online wagering operator in the country. Its license will expire in 2025 thus making Sweden the first market to experience Videoslots sportsbook product at sports.videslots.com.
Videoslots had plans to enter the Swedish market earlier on in 2020 but its plans were thwarted by the sudden news of the pandemic outbreak. It wasn’t until much later in September that Videoslots was able to enter the Swedish sports betting market, which is quickly growing to become one of the most successful betting markets in the world next to the North American betting market.
To join the sports betting world, Videoslots orchestrated a partnership with Betradar. This partnership with Betradar will see Videoslots create a custom and diverse product for its Swedish customers. As the sports betting craze in North America continues to intensify, Videoslots will also want to do all it can to ensure it secure licenses to some of the most lucrative markets such as the New Jersey, New York, and Pennsylvania sports betting markets in the States.
Slots have been popular all through the pandemic
Now that the vaccination process has been underway for some time now, the outlook in the gambling world is generally more positive this year. so much so that once-booming gambling markets such as Vegas and Macau are slowly getting back into the swing of things. Case in point, retail casinos in Macau grew for the first time in over a year, 17 months to be exact.
Meanwhile, in New Jersey, which is by far the most successful betting market in the country, things have been on the up and up. As you already probably know by now, New Jersey was the first state to pioneer legal sports gambling in the country after it managed to overturn PASPA in 2018.
In January 2021, New Jersey became the 1st state to record a monthly online casino revenue of more than $100m. According to figures released by the New Jersey Division of Gaming Enforcement, punters in the state contributed a total gaming revenue of $346.4m, a 15.3% boost from the same period last year and 10.7% higher than December 2020.
Sports wagering revenue reached a record of $82.6m, an increase of more than 54% from January 2020. Online gaming and poker generated more than $103m in January a boost of 88.4% from January last year. online casino games such as slots and roulette games have been especially popular during the pandemic and they are showing signs of not letting up.
Moving forward casino operators and software providers such as Netent and Microgaming will want to do their level best to ensure that the customer experience is as seamless as possible. This is the only way the industry will maintain the pace that it has had all through this challenging period in our history.
Final Thoughts
2020 was an unusual year for casino operators to say the least. Without online casino operators such as Videoslots and other well-known reputable operators, the industry would not have managed to do as well as it has. Moving forward, operators looking to succeed this year will want to position themselves for success by offering the most enhanced customer experience for the punter possible.
Considering the current momentum that the world is witnessing in the sports betting market, the year 2021 could be on for the books, especially if the broken and struggling retail casino market finally gets back on its feet.
