Paf Lowers Mandatory Loss Limits to Strengthen Responsible Gaming
Paf, a gaming operator regulated by the Åland regional government, has further tightened its mandatory loss limits. The company, known for its commitment to responsible gambling, introduced new restrictions on March 4, continuing its phased approach to reducing financial risks for players.
Stricter Loss Caps for All Age Groups
Under the revised limits, players aged 25 and over can now lose a maximum of €16,000 per year, down from €17,500 in 2023.
Meanwhile, those aged 20 to 24 face a reduced cap of €6,000, a significant drop from the previous €8,000 limit.
However, the annual loss restriction for 18- and 19-year-olds remains unchanged at €1,800.
These restrictions apply across all gambling activities on the Paf platform. Players can voluntarily impose stricter limits, but they cannot exceed the operator’s mandatory cap.
Commitment to Sustainable Gaming
CEO Christer Fahlstedt reaffirmed Paf’s dedication to responsible gambling and long-term sustainability.
“We want to be a sustainable entertainment company for our customers, for our employees, and for our owners. We are now taking the next step towards more sustainable revenues,” Fahlstedt stated.
Paf is the only international gambling operator enforcing mandatory loss limits, and the company aims to lower them further. Its long-term target is to reduce the cap for players over 25 to €8,000 per year.
A Gradual Shift Toward Safer Gambling
Historically, Paf’s loss limits were significantly higher, reaching €30,000 per year in 2019. While reducing these caps presents operational challenges, Fahlstedt stressed the importance of maintaining a steady, manageable pace.
“We are setting a standard for responsible gaming that is increasingly difficult for other companies to follow. We haven’t reached where we want to be yet… but we need to make the reductions at a pace we can manage,” he said.
Advocating for Industry-Wide Deposit Limits
Beyond its internal policies, Paf continues to push for centralized deposit limits across the industry. The operator believes integrating these limits with self-exclusion registers would enhance player protection.
“Centralized deposit limits that customers can set themselves and that apply across all gaming operators would significantly improve responsible gaming,” said Daniela Johansson, Paf’s deputy CEO and chief responsibility officer.
By continuing to lower loss limits and advocating for broader regulatory changes, Paf reinforces its leadership in responsible gambling, setting a benchmark for the industry.
