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The issue of problem gaming has received significant attention in recent years. In a SevenJackpots Podcast, industry experts stress the importance of responsible gaming (RG) in combating the negative effects associated with excessive gambling.
Not every gambler will develop a gambling addiction, but a significant portion of the Indian population is at risk. Understanding the scope of the problem will help society implement effective measures to encourage responsible gambling.
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Podcast: Revealing Statistics of Problem Gambling
Felicia Wijkander, in a SevenJackpots podcast from a few weeks ago, shed light on the problem of gambling by presenting insightful data about responsible gambling. According to research in India, nearly half of Indians engage in gambling.
Felicia: “Research has shown that approximately 50% of Indians gamble and that 7% have a gambling addiction. In other countries with regulated gambling, such as the UK, Denmark, and Italy, there are lower percentages of problem gamblers.
Given that India is an unregulated gambling market, the findings highlight the need for Indian authorities and gambling operators prioritizing responsible gambling measures. They should also provide support to affected individuals.
The Research Paper – How many people are using responsible gambling tools?
In SevenJackpots research on responsible gaming, we found additional primary data. Unexpectedly, many players use these tools actively to ensure that they have a fun and safe gambling experience.
The data shows that 2.1% of Brazilian players have either closed or self-excluded their accounts, while 0.4% requested a period of time out.
A global survey found that 39% of members of the online gaming community are more likely than not to play socially responsible games. Two-thirds (or more) of players expect or appreciate the presence of responsible gaming settings. These findings show the positive impact responsible gambling tools have on the gaming industry and the growing demand for them.
66% Of Players Want Responsible Gaming Tools
Meeting the expectations of the players is an essential aspect of responsible gambling. The industry has a strong commitment to the welfare of its players, as evidenced by 66% of all players who expressed their desire for tools that promote responsible gambling.
Responsible gambling initiatives are not only designed to address the needs and concerns of problem gamblers, but also create a fun and safe gaming environment for everyone. Operators can increase player satisfaction by implementing responsible gambling tools.
Best practices from Regulated Markets
Regulations on the market can provide valuable insight into responsible gambling. The UK and Sweden, for example, have adopted strict regulations and policies to effectively combat problem gambling. These measures include transparency, fairness in games, player protection and strict compliance with legal requirements.
Other countries can benefit from the lessons learned by following the example set by these regulated gambling markets. They will adopt responsible gambling practices that are similar to those of the regulated markets.
Promoting Responsible Gambling: A Path to Safer Gaming Environments
Problem gambling is an important issue that needs immediate attention. Gambling operators, authorities and society must prioritize initiatives to promote responsible gambling, as a large number of people are affected by gambling-related issues.
The industry can create a more safe and enjoyable gambling environment by implementing tools for responsible gambling, such as self-exclusion, spending limits and mandatory RG disclosures. Together, we can reduce the negative impacts of problem gambling while promoting responsible gaming practices to create a better future.