Can operators rely on revenue from VIP players while running an effective player protection strategy? A trio of industry experts considered this question in a panel titled ‘Can operators focus on player protection and increase shareholder value’ – part of SBC Digital’s Player Protection online conference. “From my perspective, good player protection doesn’t mean that you can’t…
Influencers and ambassadors play a crucial role in promoting bookmakers, they are the faces of brands, the voices of entertainment and one of the main bridges of connection between operators and the end consumer. And as in any market, they have the opportunity to leverage their marketing or throw it out the window. So how…
British banks and financial institutions can help fill ‘gaps in support’ related to the treatment and intervention of those exposed to gambling-related harms.
This recommendation has been put forward in a policy paper by the Money and Mental Health Policy Institute (MMHPI), which explores the “role of financial services in tackling gambling-related harms.”
Established in 2016 by Martin Lewis (CBE), the founder of MoneySavingExpert.com, MMHPI seeks to provide new expertise on financial policy to improve public well-being.
As detailed, “The policy paper examines gambling harms in Britain and the role of current account providers in supporting the launch of a new programme of work.”
Banks have a unique visibility of threats
Of particular relevance to the treatment and intervention of gambling harms, banks and financial institutions have a ‘unique visibility’ into individuals’ spending habits, enabling them to identify potentially harmful gambling behaviours and intervene early to mi..
Even after hearing that no other operators were coming to the first Massachusetts Gaming Commission (MGC) roundtable on limiting bettors, COO for Bally’s North America Interactive Brett Calaap told his staff there was no way they weren’t attending.
“I very, very much, told our team we’re coming to this meeting. And they were all like, ‘Oh, no one else is showing up.’ We’ve talked to our friends. They’re all going to bail at the last second/ And I was like, ‘Absolutely not. We’re not bailing on this.’ Now we have the power to choose what we share and what we don’t share, but not showing up to something isn’t acceptable at all, from my perspective,” Calaap said as part of a panel at SBC Summit Lisbon earlier this year.
Regulators need to lead the way for operators
Other panelists agreed with Calaap, including Princeton Public Affairs Group Partner Bill Pascrell III and Responsible Gambling Affiliate Association (ROGA) President George Rover. Both of them agreed that on their home turf..
Leading academic Professor Heather Wardle of the University of Glasgow has opened up a new front in the crusade against the gambling industry with a paper that invites the governments of the world to treat gambling as a major public health issue. Wardle and colleagues from around the world, including leading academics in Australia, India…
Martin Lycka’s Safe Bet Show is back with Aaron GlynWilliams, Chief of Staff at the Ontario Lottery and Gaming Corporation (OLG), in the hot seat. GlynWilliams analyses OLG’s purpose and evolution in the face of ever-changing customer behaviour, the prospect of a regulated market in Alberta, and how the strong “multicultural fabric” of Ontario is…
The Responsible Gambling Council (RGC) has released its 2023-24 annual report, revealing a significant boost in its RG Check accreditation and progress since the Ontario government delivered an unprecedented $9m investment to the Responsible Internet Gambling Fund. The report titled “Impact: Action Drives Change” claims that the RG Check accreditation “continues to be the most…
International Centre for Responsible Gambling (ICRG) President and Secretary Arthur Paikowsky has told SBC Americas that lawmakers and regulators are making too many “uninformed decisions”. Paikowsky offered his insight on the current state of research and regulation in a conversation with Jessica Welman, Editor of SBC Americas, during an SBC Webinar celebrating 25 years of…
The American Gaming Association (AGA) has announced that it has signed a memorandum of understanding (MOU) with the European Casino Association (ECA) and the U.K. Betting & Gaming Council (BGC) to collaborate on shared industry values and priorities.
The first initiative under the MOU will be a law enforcement roundtable focused on combating illegal gambling.
Scheduled for January 2025, this roundtable will bring together industry leaders, law enforcement officials, and regulators to discuss the impact of illegal gambling on legal operators, consumer safety and the global financial system. The session will also explore strategies for enhancing cross-jurisdictional communication and developing actionable solutions to address these challenges.
That will be just the first project undertaken by the various industry associations. The AGA said in a release that the MOU formalizes a commitment among the three associations to address key issues facing the global gaming industry including..
The operator-led Coalition for Fantasy Sports has unveiled a new partnership with idPair, a safer gaming company dedicated to enhancing consumer protection through research and technology.
In a release, the coalition said that the collaborative initiative will enable its operator members to establish a seamless self-exclusion solution.
The coalition is made up of Underdog Fantasy, PrizePicks, Betr and Dabbleand its mission statement is to work together to protect fantasy sports players, promote innovation, ensure responsible play, identify best practices and encourage the growth of the market.
Now, users of any of those brands’ services will be able to choose to simultaneously self-exclude across all platforms, regardless of their location. Players will have the choice on whether they self-exclude on one platform, or on all member platforms. The coalition stated it has broken new ground in the gaming industry by demonstrating high cooperation among four leading operators to raise ..