FanDuel has introduced its latest RG tool innovation, Deposit Alerts, enabling customers to create daily, weekly and monthly target budgets and receive a notification when they reach the amount they’ve set. The Deposit Alerts feature builds on the success of My Spend, which was used by nearly half of FanDuel’s players (about 3.5 million) during…
FanDuel says that nearly half of its customers used its new My Spend personalized responsible gaming dashboard during the NFL season to review their gambling activity.
Approximately 3.5 million FanDuel users utilized some of the dashboard’s features, which include detailed insights on deposit and betting activity and encourages customers to employ tools such as deposit and wager limits.
The Flutter-owned operator said at the time of announcing My Spend in December that the service was developed based on internal and external research that showed players were interested in gaining personalized insights into their activity and a deeper understanding of their own behavior.
On Friday, the brand said that the activity proves that personalizing RG tools helps customers engage with safeguards and manage their time and spending on the platform.
FanDuel also launched a My Spend advertising campaign during the NFL playoffs across broadcast television, digital and paid social. Consumer testi..
Integrity Compliance 360 (IC360) has secured a deal to provide its services to an emerging micro-betting and media company.
IC360 has announced a partnership with Betr to provide the Florida-based sports gaming and media company with access to its advanced integrity monitoring dashboard.
The dashboard monitors suspicious wagering activity and provides real-time alerts to operators. Betr will also leverage IC360’s ProhiBet platform, which is designed to hinder athletes and team personnel from participating in illicit gambling activities. Prohibet also ensures compliance by allowing operators to adhere to regulatory standards. It uses an encrypted data exchange to protect operator databases and personal information.
“We’re proud to partner with IC360 to strengthen our commitment to integrity and compliance in the sports betting industry,” said Betr Head of Product Alex Ursa. “By integrating IC360’s cutting-edge technology and ProhiBet solution, we are ensuring Betr remains at the fore..
It’s Super Bowl season again, and almost half of Ontarians who plan to watch Sunday’s Big Game will be betting on it too.
A survey conducted by Leger for the Responsible Gambling Council (RGC) suggested that 63% of Ontarians plan to watch the Kansas City Chiefs square off against the Philadelphia Eagles.
However, less than half of the viewers (48%) intend to place at least one bet on it. That is up from 41% last year but is down from a high of 54% in 2023, which marked the first Super Bowl since Ontario opened up its saturated commercial online gambling market.
The propensity to bet on the Super Bowl skews towards older generations. The report found that Ontario sports bettors over 45 are more likely to bet on the game (52%) than those aged 18-44 (45%). White viewers are significantly more likely to bet on Super Bowl LIX (54%) than Ontarians who are Black, Indigenous or people of colour (42%).
Betting increases excitement for many
The online survey of 1,147 Ontario adults, conducte..
UK gambling self-exclusion service GAMSTOP has informed its industry partners of an increasing number of self-excluding persons under the age of 25.
The organisation behind the UK’s national self-exclusion service for online gambling has identified under-25s as the demographic most at-risk of developing problem gambling harms.
According to GAMSTOP’s statistics, a 31% rise has been noticed year-on-year for under-25s registering with the service during the latter half of 2024.
These figures signal that consumers aged between 16 and 24 now make up almost a quarter of new GAMSTOP registrants, while marking asharper rise than the 12% increase witnessed in the first half of 2024.
Fiona Palmer, CEO of GAMSTOP, commented: “The increase in the number of under-25s registering for GAMSTOP has become an accelerating trend, with a 31% year-on-year increase in the second half of 2024, following a 12% increase in the first half of the year.”
During the second half of 2024, GAMSTOP saw a 14% i..
Sweden’s Spelinspektionen has told operators to increase due diligence for high risk customers, as it outlines new guidelines for online operators.
Central to the guidance is the strengthening of protections against money laundering and terrorist financing.
Spelinspektionen’s Director General, Camilla Rosenberg, stated: “The gambling industry is a risk area for money laundering, and we have seen a need for further clarification and guidance in this area. We have therefore revised our guidance and are also conducting a new risk assessment.”
Operators have been told to increase checks around the source of funds for large deposits and determine whether the customer is a Politically Exposed Person (PEP).
Further requirements stipulate enhanced due diligence (EDD) for high-risk customers, which includes additional verification of income sources and bank statements.
To improve customer due diligence, operators are urged to implement ‘routine internal controls’ to ensure that thorough ..
Alberta’s government has stopped funding a non-profit organization that provides education and other support for problem gamblers as the province prepares to expand its online gambling market. The government has provided the Problem Gambling Resources Network with $129,700 in annual funding on an annual basis via a deal that has been in place in some form for more…
Fiona Palmer: GAMSTOP
GAMSTOP has alerted its partners of a “surge in self-exclusion of under-25s”, identifying this demographic as carrying the most significant risk of developing problem gambling harms.
The steward of the UK’s national self-exclusion scheme for online gambling, GAMSTOP, has reported a 31% year-on-year increase in under-25s registering with the service during the second half of 2024.
Of concern, GAMSTOP notes that “consumers aged 16-24 now account for nearly one in four (24%) of new GAMSTOP registrants”, signaling a shift towards younger individuals seeking self-exclusion.
During the second half of 2024, GAMSTOP recorded a 14% increase in self-exclusion registrations, attributed to major summer sporting events such as the UEFA Euro Championships and the Paris 2024 Olympic Games.
In total, 532,484 people have registered with GAMSTOP since its launch in April 2018, representing over 1% of the UK’s adult population.
Fiona Palmer, CEO of GAMSTOP, commented: “The incr..
British Columbia Lottery Corporation (BCLC)’s New Horizons in Safer Gambling conference brings operators and regulators together iGaming is a fiercely competitive industry for operators vying for revenue share and market leadership. But when it comes to safer gambling and player protection, it’s crucial to keep a shared goal in mind. That was the core message of a…
Kansspelautoriteit (KSA) has confirmed that the updated regulations around financial risk checks have been successfully implemented by licensed operators.
The new Responsible Gaming Policy was brought into force by the Dutch regulator in October last year, when it introduced tighter monitoring of players’ financials so that operators can intervene in ‘real time’ when necessary to prevent damage from excessive gambling.
Under the new texts, players are considered to be no longer capable of ‘bearing the financial consequences of their player behaviour’ when one of five key conditions occur within a calendar month.
The conditions applied are:
A player cannot make a deposit on their gaming account due to insufficient balance;
A player makes net deposits that make up more than the recreational part of their monthly net income;
A player makes net deposits that make up 30% or more of their monthly net income;
A player between the ages of 18 and 24 makes net deposits of more than €300;
..