Veikkaus, Finland’s state-run gaming monopoly, is slowly forcing itself out of the gaming enterprise. The most recent instance is a discount in working hours of its slot machines in retail institutions.
Veikkaus introduced that it’s going to restrict the opening hours of slot machines, in addition to the visibility of video games in grocery shops. Starting September 1, grocery shops and different retail places will solely be capable to provide slots between 9 AM and 9 PM. Earlier than, the shops had flexibility to manage when gamers might entry the machines.
As well as, as of the identical day, Veikkaus will restrict the visibility of the sport menu on slots in eating places, kiosks, gasoline stations, grocery shops, and extra. Additionally, going ahead, the machines is not going to show the choices on their screens. Lastly, the sport menu will solely seem after the purchasers have recognized themselves on the machine.
Veikkaus Turns the Screws
Since July 2021, all Veikkaus’ gaming machines have required identification with a Veikkaus card and a telephone or fee card linked to the shopper relationship. Since then, it has continued to introduce new measures that prohibit interplay with the machines much more.
Susanna Saikkonen, VP of Sustainability at Veikkaus, says that it needs to supply the shops the chance to do extra enterprise with out engaging shoppers to play the machines. Nonetheless, the restriction solely applies to the usage of slot machines in grocery shops.
Veikkaus additionally provides prospects the chance to stop themselves from enjoying slot machines altogether. It’s doable to activate the blocking, for instance, by Veikkaus’ on-line service or with the assistance of our customer support,” mentioned Veikkaus VP of Sustainability Susanna Saikkonen.
One more reason for the change, based on Veikkaus, is to scale back the hurt brought on by playing. It cited a survey on playing carried out by Taloustutkimus earlier this 12 months that confirmed playing impacts 2.5% of the inhabitants.
As well as, the survey decided that 21% of Finns with playing issues discover bodily machines extra problematic. Seeing the gadgets hinders their skill to manage their dependancy.
The continued introduction of recent laws has not gone over effectively with some within the gaming trade. That is evidenced by feedback from the European Gaming and Betting Affiliation. On the identical time, they’ve additionally impacted the income Veikkaus can provide the nation.
The introduction of ID controls on slots and a discount within the variety of out there machines has taken its toll. In consequence, Veikkaus reported income of €1.10 billion (US$1.104 billion) for 2021, 12.7% lower than a 12 months earlier. As well as, on line casino video games misplaced over 30% in comparison with 2020.
Stricter Controls On the Means
The necessities for participant safety are more likely to grow to be even stricter sooner or later. For instance, a deliberate regulation gives an extension of the required participant identification to different types of playing. This implies buying lottery merchandise will grow to be tougher.
Initially, the brand new laws have been to come back into drive from January 2023. Nonetheless, Veikkaus known as for a postponement till January 2024. Now, the entity wants extra time to make sure that all slot machines and lottery terminals are technically capable of perform the required ID checks.
Veikkaus has already begun to switch the machines so as to have the ability to act in accordance with the regulation sooner or later. Nonetheless, due to COVID-19 and the state of affairs in Ukraine, there have been supply difficulties for some elements which can be required for an replace.
It’s unclear when the present state of affairs might change once more. In consequence, Veikkaus might not be capable to meet its projected time-frame for the adjustments.