Norsk Tipping, the state gaming monopoly, introduces tighter loss limits for individuals under 20.
From June 1, Norsk Tipping enforces a loss limit for users under 20. The maximum monthly loss cap is set at 2,000 NOK or $181.
Norsk Tipping, the state gaming monopoly, has already implemented a compulsory monthly loss limit of NOK 20,000 for all players across its games. However, recognizing the heightened risk of harm to younger players, the company has taken the decision to further reduce this limit specifically for this group.
According to Tonye Sagstuen, the communications director of Norsk Tipping, extensive documentation has revealed that younger players are particularly susceptible to the development of gambling-related issues.
Sagstuen explained that Norsk Tipping made a deliberate decision to implement an age limit of 20, taking into consideration the unique living circumstances typically experienced by individuals within this demographic. It is widely observed that many individuals at this age are actively engaged in educational pursuits, undergoing apprenticeships, or facing financial constraints with relatively low incomes.
According to available data, it has come to light that a significant number of approximately 30,000 players under the age of 20 are presently engaged in active participation on various gambling platforms within Norway. It is indeed concerning that out of this population, a notable 2,000 individuals have encountered instances where their monthly losses have exceeded the threshold of NOK 2,000 at least once during the course of the past year.
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