Paf Lowers Loss Limits For Young Gamblers

Betting group Paf announced this week that they've reduced the loss limits for young gamblers aged between 20-24 from €10,000 to €8,000 per year.

The change brings the 20-24 age group in-line with the 18-19 age group, and comes in at a yearly basis. The move is effective immediately and applies to all forms of betting at Paf, such as slots and table games.

This is the latest augmentation to the loss limits at Paf, who changed the mandatory loss limit last year from €20,000 to €17,500.

Regarding the change, Paf CEO Christer Fahlstedt said: "This is an important continuation of the responsible gaming direction we are striving towards at Paf," he said. "Now young customers can only play with us for amounts that are at a more sustainable level and within the framework of the customer segment that we have defined ourselves as the green segment.

"We need to be able to be sustainable in the long term. We believe that in a future highly regulated European market, you cannot lose more than €8,000 a year, which can be equivalent to an expensive leisure activity."

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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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