Norwegian operator adopts tighter loss limit for under-20s

Norwegian operator adopts tighter loss limit for under-20s

Article brief provided by SBC News
  • Ted Orme-Claye, SBC News
June 7, 2023 8:41 PM

Norsk Tipping has updated its policy on loss limits for younger players, introducing a monthly maximum of NOK 2,000 [$181] for customers aged 20 and under.

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Whilst all betting markets and games offered by the Norwegian state-backed operator have an age limit of 18 and above, the firm has outlined that younger customers are at greater risk of gambling-related harm.

So far, a monthly loss limit of NOK 20,000 (€1,688) has been adopted for all players, but from 1 June onwards the above mentioned NOK 2,000 has come in for under 20s due to these players being counted as ‘more vulnerable’ than older customers.

“It is well documented that younger players are more vulnerable to developing gambling problems,” said Norsk Tipping’s Director of Responsibility and Communication, Tonje Sagstuen.