Finland’s Ministry of the Interior announced that the €500 loss limit introduced in May will remain for the rest of 2020, citing that the "coronavirus situation may still be associated with the risks of excessive gambling.”

The limit imposed on many Veikkaus games in May that applies to “fast-paced online games” including lotteries, slots and bingo, and table games except poker, was due to expire on October 1.

Players are also required to set their own daily and monthly limits with €500 being the maximum limit. Previously the loss limits were €2,000 monthly and €1,000 weekly.

From Focus Gaming News:

The limits will now remain in place for another three months despite land-based casino gaming and slots having now resumed operations.

The ministry said in a statement: “Maximum loss limits were lowered due to the pandemic.

“The aim was to improve the prevention and reduction of gambling-related harm in a situation where time spent at home increased due to the restrictions and recommendations in force at the time, and the lack of physical slot machine and casino gaming opportunities could shift gaming to Veikkaus’ online gaming service.

“Although restrictions have been lifted, the coronavirus situation may still be associated with the risks of excessive gambling.”
The ministry explained that it believed the loss limit to be more effective than a time limit.

It said: “Monitoring and research on problem gambling suggests that, in the short term or on individual occasions, the loss of large sums is more often associated with problem gambling than high consumption over a longer period of time,” it said.

Veikkaus has previously announced that it expects the Covid-19 pandemic to dent its profits to the tune of €300m.
Read more here: https://focusgn.com/veikkaus-to-main...il-end-of-year