Paf imposes loss limits for young players

A limit that only applies to young people

In 2018, Paf announced that they are introducing a loss limit for all their players. Because of this change, players could only lose 20,000 euros per year, which is roughly$217,000 onor at today's exchange rate. There is no other casino that has imposed a similar limit.

For most players, this limit will be the same. A change, however, will take place for players between 18 and 24 years . The limit for players in this age group will be reduced by half. They will thus be able to play for a maximum of 10,000 euros per year, which is approximately 108,500 New Zealand dollar.

PAF responsible for Responsible Gaming Jenna Ekström says that everyone should minimize the risks for their young players. However, this action shows them that they are taking their responsibility and strengthening their control over players with gambling problems.
” These loss limits are one of the strongest measures a gaming company can take to show that they take responsible gaming seriously, " says PAF Vice president Daniela Johansson.

So, the loss limit will be adjusted

Paf is an casino with New Zealand license which means, among other things, that all new players must be able to prove their age in connection with registration in order to create a membership for games with them, which is done via New Zealand e-identification. Paf will automatically adjust the limits further for those players who are between 18-24 years old, and adjust the loss limit for those who register an account via mobile BankID in the casino.

Will apply to all PAF brands

Paf has over the years acquired several other gaming companies, which means that their casino portfolio consists of several different brands related to casino and games. These loss limits will apply to all their brands and not only Paf Casino .

Other brands and online casinos belonging to Paf include the following:

• No Account Required
• Casino games
• No Account Yet

Paf has always shown the way for other gaming companies

Paf is actually an ideal Association where all profits go to associations in Åland. They therefore have no shareholders for whom they have to show increasing results every quarter.
This has given them an opportunity to focus on making decisions no other gaming company dares to make. Time and time again, this has made them pioneers for responsible gaming which they have also won awards for. One of these awards was won at the EGT Awards in London in 2014 when they won an award for the gaming industry's most responsible player.
Paf has also conducted several interesting surveys and published them to the public. One of the most important of them was when, using their customer database, they showed how a minority of players contribute an exceptionally large percentage to the turnover of gaming companies.

Why does Paf lower the loss limit?

The decision on PAF's reduced loss limit has been made on the basis of a survey that young players are at greater risk of gambling addiction .

This research shows that the brains of players between the ages of 18 and 24 are not yet fully developed. This age group cannot make sufficiently mature decisions and has a tendency to act more impulsively than older people.
This also causes young players to understand casino games less and chase their losses more often. Then you can also argue that young players do not have the same financial conditions as an older established person has. Of course, you can not pull everyone under one comb, but this applies to a large part of young players.
Again, it is an excellent decision by Paf who continue to be pioneers in responsible gambling.