Veikkaus Keeping €500 Loss Limits

Discussion in 'Casino Industry Buzz and Terms Alerts' started by MissExposé, Sep 30, 2020.

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    MissExposé

    MissExposé Well-Known Member Staff Member

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    Prior to weekly loss limit of €500 announced on May the 1st, players were subject to a €2,000 monthly cap and a €1,000 weekly loss limit.

    Higher limits were supposed to be set back in October, but a new order keeps the reduced loss limits in place until the end of 2020.

    Ministry said: “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.”

    The epidemic situation may still be associated with the risks of excessive gambling, although restrictions have been lifted.

    Source: https://www.igamingbusiness.com/news/veikkaus-keep-500-loss-limit-place-rest-2020
     

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