Paf has implemented a lower mandatory loss limit for young people. The reduction is implemented to strengthen the responsible gaming measures for all young people who play at Paf.
Paf is the only international gaming company that has introduced an annual mandatory loss limit that applies to all online customers. The loss limit is set at €20,000 on an annual basis for all customers, but it has now been lowered to €10,000 for people aged 18-24.
“We need to take a stronger grip and minimize the risks for our young customers. Therefore, this is a good measure that strengthens our take on responsible gaming,” said Jenna Ekström, Responsible Gaming Manager.
Paf’s loss limit for young people has already been implemented and it is now valid for all young customers on Paf’s gaming sites, as well as on all other gaming sites owned by Paf. The loss limit includes all gaming categories without any exemptions.
“We are convinced that mandatory loss limits are among the most decisive and responsible actions a gaming company can take,” said Daniela Johansson, Deputy CEO and Chief Responsibility Officer.
“A customer with gambling problems most likely does not have the same ability to control his gambling and set his own limits, which is why we need mandatory loss limits in the gambling industry,” Daniela Johansson added.
“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,” Jenna Ekström said.