Finland: Player protection proposals will drive players to black market

by iGamingExpert
5 minutes read
iGaming stakeholders in Finland have warned that the proposed player protection recommendations would ensure the majority of gambling is taking place on the black market.

Speaking out against the proposed recommendations, Wildz Group told the Gambling Harm Risk and Harm Assessment Group in the Ministry of Social Affairs and Health that they would weaken player protections.

Meanwhile, SkillOnNet described the proposals as “too restrictive”, arguing that they will negatively impact channelisation rates and increase gambling harm.

The supplier lamented the lack of attention that it believes is currently being paid to eradicating the black market.

Several player protection obligations have been pitched by Finland’s new gambling act to prevent and reduce gambling harm in the commercially licensed market.

Measures include land-based slots having more stringent loss limits than online slots, loss limits – triggered at daily, monthly and annual limits – being centralised by government..

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