The loss limit for the games was previously set at NOK7,500 after the operator in December last year cut the maximum amount players could lose on its KongKasino, eFlax, Bingoria and Yezz sites by 25% from NOK10,000.
The reduction was initially seen as a temporary measure to run during December and January, in response to an increase in income from high-risk players. However, the NOK7,500 limit remained in place for players throughout 2021.
The new limit means players can now only lose half the amount when playing online high-risk games with Norsk Tipping than at the same time last year.
Norsk Tipping added that the new NOK5,000 limit, which will apply to all customers until further notice, will reduce overall player losses by between NOK150m and NOK175m each year.
“We have seen a clear effect after we adjusted the limit in December, in that the proportion of high-risk players has fallen over a longer period of time,” Norsk Tipping’s head of responsible gaming, Bjørn Helge Hoffmann explained.
“Nevertheless, we see that there is still a group of core players who lose a lot. Therefore, we want to see if a lower limit can affect these in a positive direction.
“We think that this change will initially apply throughout the year. A major review and evaluation of the entire Norsk Tipping loss limit regime is now underway. When this work is completed, we will present an updated, permanent set of rules for the entire business.”
The loss limit was one of a number of measures put in place by Norsk Tipping last December to help cut losses among high-risk players, with other initiatives including a mandatory 15-minute break after one of continuous play. These measures will also remain in place for the foreseeable future.
Original article: https://igamingbusiness.com/norsk-tipping-cuts-monthly-loss-limit-on-higher-risk-games-to-nok5000/
