Loss Limits Help Slash Problem Gambling Rate, Says Veikkaus
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Finland's Veikkaus introduced loss limits for its fast-paced games such as slots. The government approved them this summer. In September, the loss limit became valid for brick and mortar machines. Veikkkauses revealed on Tuesday that the problem gambling rate has plummeted.
The number of physical slot machines has dropped. The mandatory identification and loss limits have also helped reduce the number. Online gamblers are required to set monthly and daily loss limit. 60% more consumers have hit their self-imposed limits in September-October. More than 80% of those cases were related to a self imposed limit of less than $226 (€200).
