Paf lowers loss limit to €8,000 for players aged 20-24
The Nordic gaming company has decided on a further reduction for its young players.
In an effort to enhance its responsible gambling practices, operator Paf has announced the reduction of its loss limit for players aged 20-24 years.
The reduction sees the loss limit reduced from €10,000 ($10,762), to €8,000 – a €2,000 alteration that lowers the cap on losses for players of an applicable age. Paf imposes a loss limit on all of its players aged 25 and over of €17,500 – however, the cap is placed at a lower rate for its younger players.
On this, the cap for players aged 18-19 years sits at €1,800, displaying Paf’s desire to restrict its younger players from placing and losing unlimited funds on its platform.
Paf CEO Christer Fahlstedt spoke on the decision, stating: “This is an important continuation of the responsible gambling direction we are striving towards at Paf. 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.”
Following on from being the first international gaming company to introduce loss limits in 2018, Paf set the initial boundary of €10,000 loss limit for 20–24-year-old players in October of 2022 – which has now been revised. The alteration has already come into effect on all Paf gaming sites and markets.
In March, Paf also committed to Net-Zero emissions by the year 2040, aligning itself with the Paris Agreement’s goal of limiting global warming to 1.5°C.
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