Paf aims to improve responsible gaming in Latvia

Paf has signed an agreement together with four other gaming companies to strengthen responsible gaming in Latvia. In the agreement all five gaming operators have agreed to improve their responsible gaming measures beyond the requirements of Latvian gambling law.

“Among other things, we will introduce facilities for self-tests, deposit limits, the closing of specific game categories, proactive information on responsible gaming and a whole host of other measures. It will be a clear improvement on what the gambling law in Latvia requires,” says Rihards Streikis, Paf’s manager in Latvia.

The current Gambling Act in Latvia requires few responsibility measures, such as the players need to set a max bet for one game or a maximum amount for all bets within a 24 hour period and the players also have a right to self-exclude from a gaming operator.

An example for the other operators

The five gaming companies that signed the agreement are Paf (Pafbet in Latvia), Betsafe, Optibet, 11.lv and Feniksscasino. These gaming companies are all members of the Latvian Interactive Gambling Association LiAB and taken together they make up 90% of the Latvian online gaming market.

“Paf’s licensed brand in Latvia, Pafbet, may currently have a small part of the market but we have the most developed responsible gaming. We are an example for the other operators,” says Rihards Streikis.

The agreement states that the included responsible gaming tools must be launched on the respective gaming sites by 30 June, 2020.

News with the same tag

Paf’s headquarters was filled with tech enthusiasts

Paf's event, Åland Tech Meetup, offered a packed agenda with eight speakers. Throughout the evening, experts shared their knowledge on topics such as AI, the structure of grit:lab, and how to overcome all obstacles and…

01 June 2023

Paf has generated one gigawatt-hour of solar energy

Paf's own solar panels, which are installed at the headquarters in Mariehamn, have reached a milestone. So far, 1,000 MWh of clean solar energy has been produced. At the same time, Paf chooses to support…

Paf acquires two Latvian gaming sites

Paf acquires two Latvian gaming sites, WilliamHill.lv and MrGreen.lv. The acquisition makes Paf the third largest gaming company in the Latvian market. Paf invests in the Latvian gaming market by acquiring two Latvian gaming sites…

22 May 2023