Responsible Gambling Revolution: Unlocking a New Era of Safe and Enjoyable Gaming with Alan Feldman
Responsible Gaming & Industry News
Release Date: 05/30/2023
Responsible Gaming & Industry News
The Thai government is advancing plans to legalize casinos, which would fortify its tourism sector and position the nation as a premier gaming destination in Southeast Asia. At the Thai Entertainment Complex Summit in Bangkok, , Vice President and Managing Director for Asia at , shared insights into the prospective gaming landscape, including anticipated game offerings and potential timelines for casino openings. Game Mix: A Singapore-Style Approach Jolly anticipates that Thailand’s casinos will mirror Singapore’s integrated resorts, emphasizing slot machines significantly. He...
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As the countdown to the 2024 begins, industry professionals are preparing for the annual event, scheduled to take place from October 7th through the 10th at The Venetian Expo in Las Vegas. Organized by the (AGA) and , G2E has established itself as a central hub for discussions, innovations, and networking within the regulated gaming industry. G2E’s Expanding Role G2E is widely regarded as the premier trade show for the gaming industry, attracting professionals from across the globe. At least 25% of the attendees come from outside the United States,...
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At G2E Asia, Bill Miller, CEO and President of the American Gaming Association (AGA), shared his perspectives on the gaming industry's future. Bill's insights encompass responsible gaming, technological advancements, and the dynamic changes within the industry, providing a comprehensive view of the challenges and opportunities ahead. Navigating Industry Challenges Bill reflected on his transition from the Business Roundtable to the gaming industry, highlighting his new role's unique pressures and responsibilities. "This is my first CEO job," Bill stated. "I had senior positions in other...
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In a recent episode of The No Line Podcast, Philip, the host, engaged in a compelling conversation with Christopher Justice, CEO of Pavilion Payments, shedding light on the company’s dedication to fostering a positive and responsible gaming environment. With the spotlight on National Council on Problem Gambling’s (NCPG) Problem Gambling Awareness Month (PGAM) in March 2024, the timing couldn’t be more pertinent. The insightful dialogue traversed Pavilion’s remarkable culture and its steadfast commitment to responsible gaming, offering a blueprint for the future of the gaming industry....
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In the rapidly evolving landscape of the gambling industry, the shift towards cashless transactions has been touted to promote responsible gaming. However, in a thought-provoking interview on the No Line podcast hosted by Philip Beere, Professor Jay Zagorsky from the Questrom School of Business at Boston University presents a compelling argument for the retention of cash transactions in gambling. Zagorsky's insights challenge the prevailing narrative and suggest that cash can be a natural moderator for problem gambling. The Argument for Cash Zagorsky posits that the tangible nature of cash...
info_outlineResponsible Gambling at a Turning Point: Insights from the Gambling and Risk-Taking Conference
The recent Gambling and Risk-Taking Conference, hosted by the University of Nevada, Las Vegas (UNLV), brought together industry experts to discuss the state of responsible gambling. In an interview with Alan Feldman, a distinguished fellow at UNLV, conducted by Philip Beere, Head of Marketing of Gaming Analytics and Host of the No Line Podcast, attendees were given valuable insights into the challenges and opportunities surrounding responsible gambling. With the conference taking place after a four-year hiatus due to the COVID-19 pandemic, there was a sense of urgency to address the lack of progress in promoting responsible gambling.
The Need for Improved Responsible Gambling Efforts
Feldman highlighted the pressing need for more effective responsible gambling initiatives. Despite years of efforts, the uptake of responsible gambling measures has been minimal. Metrics such as self-exclusion sign-ups, self-limiting behaviors, and hotline calls have shown little change over the past three decades. Furthermore, the rise of sports betting has shifted the focus of hotline calls to account-related queries rather than addressing gambling behavior. It is clear that a more nuanced approach is needed to engage individuals and deliver the right message at the right time.
Redefining Responsible Gambling
Feldman emphasized that responsible gambling should not solely be associated with problem gambling. The majority of individuals who gamble do so for enjoyment and do not experience harm. However, there is a significant number of people who may be at risk of harm but have not reached the clinical diagnosis of a gambling disorder. To effectively promote responsible gambling, the industry must find ways to deliver subtle and tailored messages that resonate with each individual, rather than adopting a one-size-fits-all approach.
Challenges in Messaging and Intervention
The industry faces the challenge of crafting messages that influence behavioral change without alienating or stigmatizing individuals. Feldman drew parallels to successful marketing strategies used by various industries, emphasizing the importance of delivering the right message in the right way at the right time. He highlighted the potential of artificial intelligence (AI) and machine learning in revolutionizing responsible gambling efforts. AI could enable personalized interventions that provide course corrections and inform individuals about their gambling behavior in a non-intrusive manner.
The Role of Companies and Accountability
Feldman commended the progress made by gambling companies in assigning dedicated staff members to responsible gambling initiatives. This accountability ensures that responsible gambling efforts extend beyond compliance requirements and become ingrained in the company culture. However, he emphasized the need for companies to go further by innovating and taking a proactive approach to responsible gambling. It is crucial for companies to view responsible gambling as an integral part of sustainability, focusing on helping customers become smarter gamblers and ensuring a safe and enjoyable experience.
UNLV’s Initiative and Future Outlook
Feldman discussed UNLV’s efforts to study the intersection of gambling and health, aiming to explore the positive and negative aspects of gambling on individuals’ well-being. By understanding the motivations behind safe and healthy gambling behaviors, interventions and support can be tailored more effectively. The conversation surrounding responsible gambling has evolved significantly, incorporating data analysis, AI, and a focus on the broader community’s role in intervention.
Conclusion
The Gambling and Risk-Taking Conference shed light on the need for a paradigm shift in responsible gambling. The industry must move beyond the traditional narrative of problem gambling and adopt a holistic approach that emphasizes safety, health, and enjoyment. With an increased focus on personalized interventions, AI, and improved messaging strategies, the industry can empower individuals to make informed choices and create a sustainable gambling environment. The conference marked a milestone in reshaping responsible gambling efforts, inspiring hope for a future where responsible gambling is not just a compliance requirement but a genuine commitment to customer well-being.
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Philip Beere
Philip is the Head of Creative and Partnerships at Philip J. Media. He is Head of Marketing for Gaming Analytics. Previously he was Head of Marketing for Sightline Payments and Play+. He is the Founder of the subscription-based marketing platform for doctors, www.rfamd.com.
As the Host of the No Line Podcast, Philip enjoys sharing stories about those leading the industry forward toward responsible gaming. He also hosts the podcasts, Corporate Sustainability and Doctor Thyroid.
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Philip J. Media
Philip J. Media is a marketing agency located in Las Vegas, Nevada — offering 360° services for companies serving the gaming industry.