Veikkaus, the state-owned national betting agency of Finland, has confirmed that temporary online gambling loss limits that were introduced at the beginning of the COVID-19 pandemic will be made permanent. The news follows a government decree that approved the rule changes.
Finnish National Betting Operator Veikkaus Confirms Online Gambling Loss Limits Are Now Permanent that gambling loss limits should be reduced to protect players who may become affected by problem gambling as the majority of the country worked from home or took an enforced leave of work during the national lockdown.These limits stated that players should only be allowed to lose a maximum of €500 each day while playing any online gambling games with Veikkaus while the monthly loss limit was set at €2,000. The limits were initially intended as a temporary measure but following the government’s latest decree, Veikkaus — which has a monopoly on gambling games in Finland — has confirmed that the limits will remain in place.
Finnish National Betting Operator Veikkaus Confirms Online Gambling Loss Limits Are Now PermanentFinnish National Betting Operator Veikkaus Confirms Online Gambling Loss Limits Are Now Permanent“The reduced maximum loss limit has been in use for a year. Loss limits are a good way to prevent gambling harm. In addition to gambling problems, lowering the loss limit will combat over-indebtedness and livelihood problems, and I am pleased that the daily loss limit will be permanently reduced from €1,000 to €500.”
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.