Latest News
Veikkaus to Maintain €500 Loss Limit Until End of 2020

The Finnish Ministry of Interior has announced that the €500 loss limit set for certain Veikkaus games in May will be now kept in place until the end of the year.
Players were subject to a €2000 monthly cap and a €1000 weekly loss limit until May 1, when a €500 monthly and weekly cap on maximum losses was introduced to protect players from gambling unsustainably during the novel coronavirus crisis. The higher limit was originally intended to be restored on October 1. Instead, a new order that keeps the reduced loss limits in place until the end of the year.
“Maximum loss limits were lowered due to the pandemic. The aim was to improve the prevention and reduction of gambling-related harm in a situation where time spent at home increased due to the restrictions and recommendations in force at the time, and the lack of physical slot machine and casino gaming opportunities could shift gaming to Veikkaus’ online gaming service,” the Ministry said.
“Although restrictions have been lifted, the coronavirus situation may still be associated with the risks of excessive gambling. Monitoring and research on problem gambling suggests that, in the short term or on individual occasions, the loss of large sums is more often associated with problem gambling than high consumption over a longer period of time,” the Ministry added.
-
Asia5 days ago
Digital gaming disruption tackled in 1st AsPac Regulators’ Forum
-
Asia7 days ago
BGCS and BGMS league stages conclude; rising stars set to meet pros in the playoffs
-
Central Europe7 days ago
Football Stats Startup Challenges Multi-Million Company With Free Publication Of Blueprints
-
Latest News7 days ago
The Current State of the German iGaming Market and Its Role in Europe
-
Eastern Europe7 days ago
SYNOT Games Partners with WIN2
-
Latest News7 days ago
Operator-Exclusive Slots: Do Content Bundles Still Deliver ROI?
-
Africa6 days ago
Kiron announces the launch of its new virtual football title, Turbo League, with SportPesa in Kenya and Tanzania
-
Conferences in Europe7 days ago
BC.GAME to Showcase at SBC Summit 2025 in Lisbon