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Paf Lowers Player Loss Limit Even Further

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7-12 Paf Lowers Player Loss Limit Even Further
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Paf, the Åland-based gaming operator, has lowered its annual loss limit by another 5000 euros.

Paf is the first international gaming company in the world to introduce a maximum limit for the amount customers can lose in one year. The lowering of the loss limit strengthens the firm’s commitment to responsible gaming.

When Paf first introduced the loss limit in 2018, it was set at 30,000 euros per year. Last year the limit was lowered to 25,000 euros and this year it is lowered even further to 20,000 euros.

“We are proud to have been able to lower our loss limit by as much as a third in just two years. We see that our maximum limit effectively stops big spending players and prevents the personal tragedies that can occur when huge amounts are lost,” Christer Fahlstedt, CEO of Paf, said.

“We are now lowering the loss limit further to show that it is possible to survive as a gaming company without income from the biggest big players. We are a gaming company that sells exciting entertainment for adults without trying to squeeze the last drop of money out of them,” Christer Fahlstedt, added.

The further reduction of the loss limit to 20,000 euros per year also means reduced revenues.

“Paf’s income will decrease by approximately 2-3 million euros. It is a large sum of money for Paf, but more importantly it is good for our customers that we say no to it,” Christer Fahlstedt said.

“We work in an industry that has enormous challenges. Paf has been a pioneer for a long time when it comes to responsible gaming and it is part of our mission to lead the way and be a positive agent of change. The lowering of the loss limit strengthens our leading position alongside the very small number of other gaming companies that have dared to adopt a loss limit,” Christer Fahlstedt added.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Paf Lowers Player Loss Limit Even Further

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Parimatch Tech Academy to provide free IT training and paid internships

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Parimatch Tech will launch Parimatch Tech Academy in November, a free IT academy for talented people who have ambitions to become a developer. This is not only an opportunity to study technology through real projects, but also a chance to become employed at an international company.

Training at the Academy will consist of three stages. During the first stage, students will learn about the basics of communication and teamwork, as well as the specifics of Parimatch Tech’s operations. The second stage is focused on coding, with students selecting one of the following programming technologies: .Net, JavaScript, Native Android and Native iOS. Programming training is designed to last for three and a half months.

The final stage includes a paid internship working on a real project at Parimatch Tech, which will last for two and a half months, meaning the entire training process will take six months. Upon completion, students will have in-depth understanding of the IT product development process, learn to work in a team and solve problems using forward-thinking approaches. The top performing academy graduates will receive a job offer from Parimatch Tech.

Experienced specialists at Parimatch Tech will act as teachers and mentors for those taking the course. Our partners, experts from the Israeli center for innovative IT education, DAN.IT, will review the programs, methods and tools used in the training process, as well as the quality of teaching.

There is a selection process for the Academy, which consists of several stages. Applications opened on October 12, and all forms must be submitted by October 29. The next stage, from November 2 to November 5, includes an online test that will help us select the candidates that demonstrate aptitude for programming, and then there will be tests on the basics of programming. The final stage is an online interview with mentors and course teachers, which will take place on November 6. To take part in the selection process, you need to sign up via the link. Parimatch Tech Academy will recruit 100 students in total.

A presentation on Parimatch Tech Academy will take place on October 26 at PMHUB. You can join the event online via the link.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Parimatch Tech Academy to provide free IT training and paid internships

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Spelinspektionen Signs MoU with Kansspelautoriteit

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Swedish Gambling Authority Spelinspektionen has signed a memorandum of understanding with Kansspelautoriteit. The strengthened partnership has been designed to facilitate the ongoing exchange of information and streamline supervision between the two European regulators.

René Jansen, chairman of Kansspelautoriteit, stated that he is “delighted that agreements with international regulators are formalised and captured in memorandums of understanding.”

He added: “On the one hand because of the solid basis they provide for cooperation and on the other hand because of the clear signal that will be given towards the gambling and gaming industry.”

“By opening the communication channels between the authorities we become stronger in our supervisory activities. This is the fourth MoU we sign with European gambling authorities since the new Swedish regulation came into force in 2019,” Camilla Rosenberg, director-general of Spelinspektionen, said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spelinspektionen Signs MoU with Kansspelautoriteit

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AretoNet Integrates with Dragonfish

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8-9 AretoNet Integrates with Dragonfish
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AretoNet has integrated with igaming platform provider Dragonfish to sell its products and launch its platform with 10 Inter Group Partner Holding operator brands. IGP serves as a white label affiliate for DragonFish.

“We’re excited to launch AretoNet for all our BI, CRM and marketing needs. We wanted a cost-effective solution giving us in-depth and meaningful insights into our player data but keeping functionality easy-to-use. AretoNet is the perfect fit,” Urban Håden, CEO of IGP, said.

AretoNet is a technology platform that enables operators to evaluate their player database and, with complete lifecycle analytics, launch automated multi-channel and multi-level marketing campaigns.

“We’re delighted to launch IGP’s ten brands on our platform to support its aggressive growth plans over the next few years. We’re also pleased that through this partnership, we have been able to integrate with one of the leading igaming platforms, meaning, it is now seamless for all Dragonfish operators to partner with us and launch our platform. We’re looking forward to onboarding more operators in the coming months,” Justin Farrugia, co-founder of AretoNet, said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AretoNet Integrates with Dragonfish

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