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UK anti-gambling groups want gambling companies to aid problem gamblers

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A coalition of antigambling groups has come up with a unique suggestion that gambling companies must share at least 1 per cent of their profit for problem gamblers, for facilitating counselling and other forms of support.

Research by the UK’s Gambling Commission revealed that more than 60 per cent UK’s population engage in some of gambling.

The commission also reported that, by its estimates, approximately 0.7 per cent of the population had a problem with gambling. This amounts to more than 350,000 people. However, other research conducted by health-care providers stated that, in the United Kingdom, approximately 2 million people either already have a gambling problem or are at risk of developing one.

Research has also found problem gaming occurs more often with some modes of gambling than others. For example, problem gamblers often resort to using online gaming as an outlet because it allows them anonymity, which means they can hide their gaming problem more easily from their families or places of work. Also, people who use fixed-odds betting-terminals, which were recently more heavily regulated by the British government, are at a higher risk of developing an addiction. Citizens who only play the national lotteries were reported to be at the lowest risk for addiction.

Possible Outlets for Funding

Currently, gambling businesses contribute money to GambleAware. This is a trust fund that is used for research, education, and treatment of problem gamblers and provides emotional support for their family members. The contributions made by businesses are voluntary and amount to about $10 million yearly, which is a drop in the bucket for the gaming industry.

However, there is a lot of disagreement about how the potential $130 million should be spent. Many people in the United Kingdom believe problem gaming is a social issue and not a health issue. Therefore, in order to control the problem gambler, gambling organisations should work together to ban those gamblers from betting shops and sites. However, with the advent of online gaming and mobile gaming, it is nearly impossible to ban individuals from websites or mobile sites because of the anonymity they provide. This is especially true given the nature of mobile payment systems and their rapid rise as a form of payment for gambling.

The UK anti-gambling organisations have some proposals for how to spend the money. They would like to establish educational programmes for gambling and addictive behaviours in the school systems so that children could get an idea of what problem gaming looks like before they are old enough to gamble. In addition, anti-gambling organisations have proposed additional funding for treatment programmes for those gamblers who cannot control their gambling habits. Support for family members of gamblers has also been suggested. Research has shown that if gamblers have support systems in place, they are less likely to gamble.

Whatever the United Kingdom decides to do, it is clear that by helping problem gamblers and their addictive behaviours, gambling companies in the United Kingdom can work towards positive relations with the public at large. In addition, if problem gamblers get the help they need, they can become vital members of their communities.

Source: usaonlinecasino.com

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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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Novibet Enters into Strategic Partnership with OKTO

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Novibet, a leading GameTech company operating in Europe, the Americas and New Zealand, has entered a strategic partnership with OKTO. The collaboration begins with the NoviCASH powered by OKTO launch in Greece, with Cyprus to follow. NoviCASH, an advanced cash-to-digital payment solution from OKTO, seamlessly integrates with Novibet’s platform, setting a new standard for convenience and accessibility in online gaming for Novibet users.

NoviCASH offers Novibet users a hassle-free way to top up their iGaming accounts with cash in real-time. Leveraging OKTO’s extensive network of over 13,000 points of sale across the country, users can effortlessly convert physical cash into digital. This streamlined process provides a secure, fast and easy-to-use top-up method that caters to the preferences of the market.

The launch of NoviCASH in Greece is just the beginning of this strategic partnership, with plans to expand the seamless eVoucher payment solution as well as other advanced payment services of OKTO, to additional markets where Novibet operates.

Nikos Bachas, Chief Strategic Partnerships & Project Officer at Novibet, said: “In our dynamic and competitive industry, players expect nothing short of the best mobile-first gaming experiences, and payments are a critical component of this. Partnering with OKTO, a top-Tier paytech company with a proven track record of delivering seamless payment experiences and operational excellence, ensures that Novibet stays true to its mission to meet and exceed player expectations, offering exceptional experiences across regions of operation.”

Simon Dorsen, Chief Commercial Officer at OKTO, said: “OKTO is dedicated to meeting the evolving needs of players and merchants alike, and our strategic partnership with Novibet underscores this commitment. With NoviCASH, we provide players with the flexibility, convenience, simplicity, speed, and security they demand, all seamlessly integrated into the Novibet platform. Our proprietary paytech is designed to deliver tangible benefits to players and operators on a local level, ensuring a truly personalized experience while serving operators globally aligned with their expansion strategy.”

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Comtrade Gaming Launches CG Games with M88

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Comtrade Gaming, a leading provider of online gaming technology, has announced the successful launch of its CG Games brand with Mansion88 (M88). This significant milestone marks a new era of gaming experiences powered by Comtrade Gaming’s innovative technology and expertise.

M88 is a leading online casino and bookmaker, providing customers with an unparalleled online casino experience and having a well-established history in the market.

The launch follows the successful debut of the first 10 games that were presented at ICE London in February 2024. These games, which garnered significant interest and acclaim, paved the way for the signing of initial contracts. Comtrade Gaming has seamlessly connected with Mansion88, enabling one of the first live operations of CG Games.

Steven Valentine, CCO at Comtrade Gaming, said: “We have had a long term Platform partnership with Mansion for many years and it’s fantastic we have now extended this with our gaming content. M88 is a huge brand and this deal will see our content being delivered in many countries. We look forward to this increased collaboration and launching many new game titles with them.”

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Alison Taylor to Speak at Regulating the Game 2025 in Sydney, Bringing Expertise in Ethical Business Practices

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The Regulating the Game conference has announced that Alison Taylor, Clinical Associate Professor at NYU Stern School of Business and Executive Director of Ethical Systems, will be a keynote speaker at its 2025 edition in Sydney. Her expertise in ethical business practices and her perspectives on navigating turbulent times are expected to add “significant” depth to this year’s event, according to organisers.

Alison Taylor is the author of the book Higher Ground: How Business Can Do the Right Thing in a Turbulent World, while her work at NYU Stern School of Business and Ethical Systems has positioned her as a leading voice in ethical business practices. Taylor’s insights on ethics and integrity in business have been “highly sought” after, said organisers, making her a “prominent” figure in both academic and professional circles.

Paul Newson, Principal at Vanguard Overwatch, expressed his enthusiasm about the lineup for the 5th edition of the conference: “With thought leaders like Alison Taylor sharing their unique perspectives, our attendees are guaranteed to gain invaluable insights and be deeply inspired.

“We have a history of delivering unmatched speaker line-ups and content, spanning critical themes and issues confronting regulators and the sector. It has become a must-attend event for regulatory and industry professionals and essential for operators committed to securing an innovative, thriving, and sustainable industry.”

“Our inaugural call for speakers is receiving strong interest and we encourage sector leaders, regulators, policymakers, manufacturers, compliance and forensic experts, industry professionals, clinicians, researchers, academics, and thought pioneers to apply to speak at the conference in March next year,” a press release noted.

Further, organisers added: “We believe it’s crucial for all stakeholders to engage and participate in the public square, contributing knowledge and insights, and hearing diverse perspectives to best inform public policy thinking and discussions. This engagement helps influence robust regulatory settings that deliver effective industry supervision while facilitating the conditions for a safer, invigorated, and sustainable sector.”

Registration for the conference opens in August.

The post Alison Taylor to Speak at Regulating the Game 2025 in Sydney, Bringing Expertise in Ethical Business Practices appeared first on European Gaming Industry News.

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