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Paf Focuses on Young People with Loss Limit Change

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Mandatory loss limits stop players from losing more money. Paf has decided to lower the loss limit for everyone between the ages of 20 and 24. Young people of this age already have a lower loss limit at Paf and now it will be further reduced from €10,000 to €8000 per year.

“This is an important continuation of the responsible gaming 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,” Christer Fahlstedt, CEO of Paf, said.

Every year, Paf publishes a table showing how the profits and losses look for different customer segments. Over the years, the customer segments have been significantly affected after Paf introduced mandatory loss limits and lowered the maximum limits.

Loss limits are important

Paf customers can set their own lower limits, but cannot exceed the mandatory loss limits set by Paf. Paf’s loss limits apply to all our registered players and all game categories.

“We are not selling teddy bears, and we have a responsibility for the product we provide. As a gaming company, we can say no before a person has gambled away both house and home,” said Christer Fahlstedt.

Paf strives to be a leading gaming company when it comes to responsible gaming in the industry. Paf was the first international gaming company to introduce loss limits in 2018, and since then the maximum limits have been lowered several times.

“We need to be able to be sustainable in the long term. We believe that in a future highly regulated European market, you cannot lose more than €8,000 a year, which can be equivalent to an expensive leisure activity,” said Christer Fahlstedt.

Young people should be prioritised

Young people aged 18-24 are at a higher risk of developing problems with their gambling. Research on gambling problems and different risk groups generally indicates that young people are a risk group.

“We believe it is important to focus on young people and their gambling from a responsible gaming perspective. Together with our other responsible gaming measures, the loss limits are a good complement for better responsible gaming,” said Daniela Johansson, Deputy CEO & Chief Responsibility Officer at Paf.

The reduced loss limit for young people aged 20-24 has already been implemented on all of Paf gaming sites and markets.

Latest News

Dot Connections secures aggregation deal with leading iGaming provider Wazdan

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Dot Connections, a fast-growing iGaming aggregator, has penned a content distribution partnership with casino game supplier Wazdan to add the studio’s innovative portfolio to its ACE platform.

The agreement will see over 180 games, including latest releases Mighty Wild™: Panther Grand Gold Edition, 30 Coins, and the ever-popular Power of Gods™ series, made available to Dot Connections’ operating partners via a single-API.

Wazdan has been developing leading slot titles for more than 14 years and currently has over 200 cross-platform casino games in its portfolio.

The partnership underlines Dot Connections’ position as a trusted aggregator to top-tier providers globally, including in LatAm where it is quickly establishing a strong foothold.

 

Cora Chen, COO at Dot Connections, said: “Launching this partnership with Wazdan represents another milestone in our commitment to delivering the very best content to our partners and their players.

“With operators joining us at a rapid rate, we look forward to boosting the exposure of Wazdan’s first-class suite in our key operating markets.”

 

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “It brings us great excitement to form this partnership with Dot Connections.

“With their offering already available to over 500 operators, we are really pleased that even more gaming enthusiasts will be able to enjoy our leading game portfolio in Asia, LatAm and beyond.”

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Endorphina Press Releases

Temple of Ra: Endorphina releases a new Egyptian-themed cascading slot

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Temple of Ra: Endorphina releases a new Egyptian-themed cascading slot
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The leading slot game provider, Endorphina, has announced the official release of its newest Egyptian-themed game, which will join the company’s portfolio on May 21th. Temple of Ra is a cascading slot 6-reel, 5-row slot that encourages players to uncover the hidden chamber of Ra and unravel the secrets buried within.

The cascading reel mechanic builds excitement as players strive to unlock the path to century-old treasures. Temple of Ra features divine gemstones, sealed treasure chests, and gold-filled chambers, inviting the bravest players to a quest that may lead them face-to-face with Ra himself.

Are you interested in Egyptian-themed slot games? Try out Endorphina’s Temple of Ra and discover the long-lost treasures of the Egyptian gods.

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Latest News

Hub88 selected by Pragmatic Play for exclusive early launch of Medusa’s Stone

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Hub88 selected by Pragmatic Play for exclusive early launch of Medusa’s Stone
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Hub88 has been chosen as the first-to-market partner for Pragmatic Play’s latest release Medusa’s Stone, demonstrating its position as a trusted aggregator.

Ahead of its network release on June 13th, Greek mythology-themed slot Medusa’s Stone will be made available exclusively for a two-week period from May 30th to Hub88’s operator partners.

The high-volatility slot includes free spins, super free spins, a Medusa Spin mechanic that can see character symbols on the three centre reels randomly turn into Wilds, and an attractive x7,000 max win. Hub88’s customers will be able to reward their players with a sneak peek at the highly sought-after title, which features a unique 3x4x4x4x3 grid layout and highly detailed characters.

By entrusting Hub88 with an early exclusive release, Pragmatic Play has ensured premium initial placement of Medusa’s Stone, while the aggregator will benefit from delivery of a popular and universally recognisable game theme from a leading supplier.

Jess Inglott, Head of Supplier Relations of Hub88, said: “We are delighted to be picked by Pragmatic Play, one of the industry’s most respected games developers, to facilitate the launch of Medusa’s Stone.

“As a result of our reputation as a trusted and industry-leading aggregator, we will now add the release to our portfolio and enable operator-partners to benefit from the interest generated by this new release.”

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