LeoVegas Group celebrates partners and finalists Manchester City F.C and FC Internazionale Milano

0
Reading Time: 3 minutes

 

In recent years, the issue of problem gambling has gained significant attention globally. In a recent SevenJackpots podcast, industry experts emphasize the importance of responsible gambling (RG) to combat the negative consequences associated with excessive gambling. 

While not every gambler develops a gambling problem, a substantial portion of the population, especially in India, faces such challenges. By understanding the extent of the problem, society can work toward implementing effective measures and support systems to promote responsible gambling practices.

Podcast: Revealing Data of Problem Gambling

In a recent SevenJackpots Podcast, Felicia Wijkander shed light on problem gambling through insightful responsible gambling data. The research conducted in India indicates that nearly half of the Indian population participates in gambling activities. 

Felicia says: “Research shows that in India the research says that about 50% of the Indian population gambles and about 7% has a gambling problem. Looking at problem percentages from other countries, especially regulated countries, they’re actually lower, so in Sweden the percentage of people with gambling problems is 4%, the UK only has 0.2%, Denmark has 1% and Italy has 3%.“

Considering India being an unregulated market, these findings underline the urgency for Indian authorities and gambling operators to prioritize responsible gambling measures and provide support to those affected.

The Research Paper: How many are using the Responsible Gambling tools?

Moving on to SevenJackpots’ research paper on responsible gambling, additional primary data on responsible gambling was disclosed. Surprisingly, a significant percentage of players are actively utilizing these tools to ensure a safe and enjoyable gambling experience. 

According to the data, 2.1% of players in Brazil are currently self-excluded or have closed their account, and 0.4% have requested a time-out period.

According to a global survey, 39% of online gaming community members are more likely to engage with socially responsible games. Additionally, two-thirds of all players appreciate or even expect the presence of responsible gambling settings. These findings demonstrate the positive impact of responsible gambling tools and the increasing demand for their implementation in the gaming industry.

66% of Players Expect Responsible Gaming Tools

One of the essential aspects of responsible gambling is meeting the expectations of players. A substantial 66% of players have expressed their desire for responsible gaming tools, indicating their strong belief in the industry’s commitment to player welfare. 

Responsible gambling initiatives not only address the needs of problem gamblers but also foster a safe and enjoyable gaming environment for all players. By implementing effective responsible gambling tools, operators can build trust, promote transparency, and enhance player satisfaction.

Best Practices from Regulated Markets

Regulated markets provide valuable insights into best practices for responsible gambling. Countries like the UK and Sweden have implemented stringent regulations and policies that effectively address problem gambling. These measures include player protection, game fairness, transparency, and strict adherence to legal requirements. 

By following the examples set by these regulated markets, other countries can learn valuable lessons and adopt similar responsible gambling practices, ultimately benefiting both players and the industry as a whole.

Advancing Responsible Gambling – A Path Toward Safer Gaming Environments

In conclusion, problem gambling is a significant issue that requires immediate attention. With a substantial number of individuals facing gambling-related problems, it is crucial for gambling operators, authorities, and society to prioritize responsible gambling initiatives. 

By implementing responsible gambling tools, such as spending limits, self-exclusion options, and mandatory RG disclosures, the industry can create a safer and more enjoyable gambling environment. Together, we can work towards reducing the negative impact of problem gambling and promoting responsible gambling practices for a better future.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Gaming News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment