BO Herald
TRENDING
  • Yogi Adityanath
  • Rahul Gandhi
  • Cricket
No Result
View All Result
  • Entertainment
  • Movies & TV
  • World
  • Business
  • Education
  • Politics
  • Sports
  • Health
  • Lifestyle
  • Tech
  • Entertainment
  • Movies & TV
  • World
  • Business
  • Education
  • Politics
  • Sports
  • Health
  • Lifestyle
  • Tech
No Result
View All Result
BO Herald
No Result
View All Result
Home World

Finland puts Weekly Loss Limit in Online Gambling

by Kamalpreet Singh
May 4, 2020
in World
0
Simba88 is Offering Free Credit of 200 Baht to its New and Old Gamers
0
SHARES
60
VIEWS
Share on FacebookShare on Twitter

Finland has put online casino restrictions. These restrictions will hopefully remain till the end of 2020. The restrictions have been kept in wake of the Coronavirus Pandemic. Steps have been taken by The Ministry of the Interior in Finland.

Now players can have a maximum daily loss of €500. If a person has a loss of €500, then they’ll be barred for a month of the play. Government has taken this step keeping in mind the problem that might arise due to people getting more into gambling during this period of crisis.

The new measures will be applicable from 1st of May and are deemed temporary. It is expected that these steps could at least stay in place till the end of September. Before calling for these regulations the daily loss limit was €1000. This has been halved now. The monthly loss limit was €2000 which has been reduced to one fourth now.

These new regulations would be applied to fast-paced online games. Games such as online slots, bingo and table games will be included in it. Even instant win games and online casinos offering free spins offers in Finland will also come under its umbrella. Poker has been excluded from the list.

It has been observed that after the social distancing measures were put in place, online revenue has risen by €1.5 million. This is not considered much as the growth rate before the pandemic measures was higher.

Neighboring countries like Sweden have also taken similar steps. In Sweden, weekly deposits have been capped at 5,000 Swedish Krona. This comes to approximately £400.

Kamalpreet Singh

mm

Working as a freelance contributor for several news platforms over the years, Kamalpreet has a well-thriving interest in the education sector. Kamalpreet heads at the post of editor at BO Herald and he contributes his knowledge and expertise in reporting Education News.

ShareTweetPin

Related Posts

This national event held in Hangzhou has yielded fruitful results!
World

This national event held in Hangzhou has yielded fruitful results!

December 22, 2022
The First Global Digital Ecosystem Conference 2022 was Successfully Held to Discuss the Development of the Digital Industry
World

The First Global Digital Ecosystem Conference 2022 was Successfully Held to Discuss the Development of the Digital Industry

December 16, 2022
Protests against 2022 IRF Summit in Washington
World

Protests against 2022 IRF Summit in Washington

July 4, 2022
World Leaders in the Digital Economy Convene in Hangzhou to Discuss New Opportunities in the Digital Era
World

World Leaders in the Digital Economy Convene in Hangzhou to Discuss New Opportunities in the Digital Era

March 9, 2022
What to Do When Being Interviewed by Police, As Told By Former Law Enforcement Officer and Prosecutor, Camara Mintz
World

What to Do When Being Interviewed by Police, As Told By Former Law Enforcement Officer and Prosecutor, Camara Mintz

March 19, 2021
Bringing the Taste of India to Texas, Spicy Organic LLC
World

Bringing the Taste of India to Texas, Spicy Organic LLC

March 17, 2021
Next Post
Carlos Cantero Believes Instagram has Completely Changed his Life for Better

Carlos Cantero Believes Instagram has Completely Changed his Life for Better

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Deciding on a Data Space Provider in Germany February 2, 2023
  • Web Business Advice — How to Get Started February 2, 2023
  • Arranging a Remote Aboard Meeting February 2, 2023
  • How you can get the most out of Board Webpage Software February 2, 2023
  • AVG Free Rendition Review February 1, 2023

Important Pages

  • Home
  • About Us
  • Authors
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Editorial Policy

Deciding on a Data Space Provider in Germany

February 2, 2023

Web Business Advice — How to Get Started

February 2, 2023

Arranging a Remote Aboard Meeting

February 2, 2023

Timeline

February 2023
M T W T F S S
« Jan    
 12345
6789101112
13141516171819
20212223242526
2728  

Categories

  • Blog
  • Business
  • Education
  • Entertainment
  • Health
  • Lifestyle
  • Movies & TV
  • Politics
  • Sports
  • Technology
  • World

Search Site

No Result
View All Result
  • Home
  • About Us
  • Authors
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Editorial Policy

© 2020 - boHerald.com

No Result
View All Result

© 2020 - boHerald.com

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In