Paf Cuts Mandatory Loss Limits on Young Adults

Åland-based betting group Paf (Ålands Penningautomatförening) has announced that it is lowering the maximum loss limits for 18-24-year-olds, taking the total down from €20,000 to €10,000.

The move will impact younger users, who're more prone to problem gambling. The company's €20,000 cap will remain in place for other age demographics. Paf is present in Sweden, Finland, Spain, Latvia, and Estonia, and has become known for its responsible gambling controls and calls for tightening up the rules on advertisements and other restrictions for betting. The company has also called for Sweden to raise taxes on gambling revenues.

Regarding the change, Paf Responsible Gaming Manager Jenna Ekstrom said, "We need to take a stronger grip and minimise the risks for our young customers. Therefore, this is a good measure that strengthens our take on responsible gaming.

"The facts and research about gambling problems that we have seen point out that young people are a more vulnerable group. On the one hand, young people have a tendency to take more risks and on the other hand they don't have the same financial possibilities to play monetary games."

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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usbarbadosslim93
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4 October 2022 - 7:39pm
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I do like what I'm seeing from Paf with their calls for gambling reform. I wonder if there's a way for those in the age bracket with the means to afford their losses to appeal for the higher limit...

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