Category Archives: Gambling

Two separate university studies on gambling advertising spend found out that operators increased the amount of gambling advertising by nearly 50% during the winter lockdowns despite acknowledging peoples anxiety.

The studies from the Universities of Glasgow and Stirling revealed that the amount spent on gambling advertising reached new heights last year, exceeding the levels before the pandemic, Daily Mail reported.

Gambling companies kept their word to cut on advertising during the first lockdown in March 2020 but more than compensated during the next two lockdown periods when gambling advertising spend skyrocketed.

An earlier study published by the same authors identified a strong link between gambling advertising and problem gamblers: 87% of people suffering from problem gambling claimed that it was advertising that urged them to spend more.

For the first time weve got evidence that exposure to advertising has a really severe impact on those experiencing problem gambling, said Dr. Heather Wardle, a sociologist at the University of Glasgow and a lead author on both studies, pointing the finger at the industry which always says there is no evidence of our advertising causing harm, neglecting the fact that people experiencing problem gambling spend more which itself is the evidence, and, instead of protecting the vulnerable, encourages them to spend more.

In lockdown two, given the opportunity, the advertising spend came roaring back with a vengeance. There appeared to be no long-term commitment to reducing advertising in that long period when people were far more vulnerable, Wardle concluded.

Compared to 2019, the amounts spent on gambling advertising increased by 49% during the first winter lockdown in November 2020 hitting 10.3 million ($12.5 million) per week, while the increase during the third lockdown was a bit lower, to 7.6 million ($9.3 million).

At the time of the first lockdown, the Betting and Gaming Council (BGC) clearly stated that during the pandemic a cut back on advertising would act as a safeguard to those experiencing problem gambling, a pledge gambling critics called a PR stunt.

The media reporting on the research findings cited the BGC claiming that the requirement introduced by its members during the first lockdown that 20% of their TV and radio ads are safer gambling messages has now been made permanent.

Instead of commenting on the research findings, the gambling industry body changes the subject by stating that contrary to those who said lockdown would see an explosion in gambling, overall gambling revenues actually fell by 1.7 billion from 2019 to 2020 during the pandemic as clearly, overall gambling is not the focus of both research groups.

Further, the BGC claimed that academic studies have also found that there is no causal link between exposure to advertising and the development of problem gambling but the Gambling Commission figures the BGC cited confirm otherwise.

Indeed, recent independent figures from the Gambling Commission confirm the rates of problem gambling have fallen to 0.2% in the year to June 2022 down from 0.5% at the same time in 2020, the industry body concluded but the cited period to June 2022 has nothing to do with the research findings.

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Research: Lockdown Gambling Advertising in the UK Skyrocketed - GamblingNews.com

GRAND RAPIDS, Mich. (WOOD) While we work through the dog days of summer, lots of sports fans are gearing up for football season. High schoolers are working through two-a-days, college teams are preparing for their openers and the NFLs preseason kicks off Thursday night with the annual Hall of Fame game.

The rush toward football season also means a spike at sportsbooks across the country and more stress for people who deal with gambling addictions.

While soccer is the most popular sport for gamblers across the world, football is tops in the U.S. According to the Sports Encyclopedia, NFL wagers make up nearly half of all sports bets in the country and the Super Bowl is the most commonly bet sports event in the nation.

According to the National Council on Problem Gambling (NCPG), one out of every 100 Americans has a severe gambling addiction. In the four years since gambling restrictions were overturned in 2018, researchers have noticed a sharp rise among gambling addiction in teens and young adults.

The world of gambling was thrown off its axis in 2018 when the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act. The federal anti-gambling law was signed in 1992 and took effect in 1993. The law banned sports betting outside of four states: Delaware, Montana, Nevada and Oregon. Those states were grandfathered in because they already had an established sports betting industry.

Former New Jersey Gov. Chris Christie started the movement, challenging the law in 2014. His successor, Phil Murphy, took office in 2018 and continued the push. The Supreme Court ultimately declared the law unconstitutional with a 6-3 vote, allowing other states to implement its own laws for sports gambling.

Business boomed. By May 2022, 35 states including Michigan had legalized some form of sports betting or online gaming. Sportsbooks are taking bets in 30 of those.

According to the American Gaming Association, approximately $57 billion was spent on sports bets in the United States in 2021, up 177% from the 2020 haul of $21.6 billion. Sports betting alone accounted for more than $4 billion in revenue last year for American casinos and sportsbooks.

In 2021, the NCPG released the results of a massive survey on the public attitudes toward gambling. More than 28,000 people were surveyed and the study was able to break down more than 170 data points.

Some of the biggest takeaways were that people under the age of 35 were at a higher risk to develop a gambling addiction and that sports bettors were more likely to exude problematic behavior.

The NCPG included four common problematic gambling behaviors in the survey: the need to place larger bets to generate excitement, feeling restless or irritable when actively trying to stop gambling, relying on others to pay gambling debts or lying or hiding gambling habits.

According to the survey, 93% of people 75 years and older said no to all four signs of problematic gambling. For the 55-64 age group, the response dropped to 79%. For people between the age of 18 and 35, that number was only 48%.

Thats why for Alia Lucas, the gambling disorder program manager for the Michigan Department of Health and Human Services, the focus on educating the public on gambling addiction is centered on teens and young adults. The main tool? A gambling disorder prevention curriculum called Stacked Deck.

Right now, we are disseminating that curriculum and training for that curriculum to different leaders in the state, to community facilitators, community partners to have it promoted amongst the youth within their regions, Lucas told News 8.

Lucas is also working to get the curriculum integrated into school systems because of another set of data points. According to the NCPG survey, between 60% and 80% of high school students admitted to gambling for money in the past year and an estimated 4% to 6% of high schoolers are considered gambling addicts.

Detroit Public Schools, along with Shiawassee, Genesee and Lapeer counties, are serving as a pilot program to teach the Stacked Deck curriculum in classrooms and Lucas is in talks with the state education coordinator on expanding it.

Lucas says its important that the teachers using the curriculum can connect with students in a way that transcends the classroom.

When you were in school, who were the cool teachers? The gym teachers, drivers ed, were thinking along the lines of where the relationships lie, Lucas said. So were working at the state level to strategically focus our messaging and create opportunities for relationships that allow us to get the information into the schools, or at least in front of the prominent authorities that will then be more amenable for us to get it into the schools.

Virginia has taken a similar tactic. A bill there requiring all public schools to teach students about gambling risks received nearly unanimous support in the state legislature and was signed into law by Gov. Glenn Youngkin in April.

State Delegate Sam Rasoul, who introduced the bill, told Stateline that the rise in youth gambling addiction is a problem that needs to be addressed.

I had some Virginia families contact me saying, This is a problem, what should we do about it? Rasoul told Stateline. (This) is a great step for Virginia.

There is no bill on gambling addiction curriculum up for consideration in the Michigan Legislature.

Lucas is set to launch another tool that she hopes will help teens and young people dealing with gambling addiction: an anonymous text and chat line.

The state already has a toll-free hotline for people struggling with a gambling addiction, connecting them to trained counselors 24 hours a day. Lucas hopes that by introducing a less personal text-based platform, more people will feel comfortable enough to reach out.

I think we can all agree that when you think about text and chatting, the demographic thats going to take advantage of those opportunities are younger adults. It also provides a greater amount of anonymity. It might be easier for someone to simply sit there on their phone and text and chat, Lucas said.

The platform is set to launch Oct. 1, though there are still some problems to be worked out.

They have the platform. They are going through implementation training now. Theyre developing the way theyre going to disseminate the program, Lucas said. But are we going to use the current helpline staff and in their downtime have them answering texts and chats? Or will it be necessary to hire additional staff solely to address that aspect of service delivery.

If you or someone you know has a gambling problem and needs help, you can reach the Michigan Problem Gambling Helpline at 1.800.270.7117.

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Gambling addiction in teens a key focus for MDHHS - WOODTV.com

Posted on: August 3, 2022, 09:08h.

Last updated on: August 3, 2022, 11:55h.

The Advertising Standards Authority (ASA) of the UK has called out two gaming operators over their ads. Bookmaker Coral and online gaming operator Rank Digital Gaming have run into trouble before because of promotions the ASA deemed were irresponsible.

For years, the ASA has taken a strict approach to responsible gambling. It expects any ad with even the slightest hint of gambling to portray the activity as anything but a way to make money.

However, repeatedly, companies either forget or ignore the rules even airlines get caught up on occasion. In general, it only takes one or two complaints about an ad for the ASA to intervene.

In a TV ad Coral ran in March, the sports betting company portrayed a horse race with an underlying tone of anticipation of the betting experience. However, the ASA received two complaints about the ad, with the individuals asserting that it enticed people to place wagers.

The ASA reviewed the ad, and per an announcement on its website today, deemed the complaints legitimate. It stated that there was a significant risk that elements of the TV spot could harm those dealing with gambling addiction. Therefore, the ad was socially irresponsible and had to be banned.

The advertising watchdog admitted that the spot never specifically discussed betting on the race. However, it concluded that the integration of Corals name and banners at the track was enough for consumers to make the connection.

The company behind Coral, LC International, didnt believe the spot crossed any lines. Instead, it asserted that the ad only alluded to the anticipation that horse racing fans experience. However, the inclusion of BeGambleAware.org 18+ and Get closer to the action may have weakened its defense.

The ASA warned Coral not to use the ad anymore. In addition, it must create marketing material that is only socially responsible and unlikely to have a disproportionate impact on problem gamblers, and did not feature any implication of behaviors linked to problem gambling.

The ad that promoted a Rank Digital game, Wolf Gold, was a blatant example of what not to do when creating a socially responsible ad. It specifically used gambling as a way for people to improve their financial situation, and looked like it was put together by someone enjoying a few too many pints at the local pub.

The ASA published its ruling on that ad today as well. The spot, which ran in May inside the Lucky Night gaming app, read, Everyone wants to solve theirs (sic) financial problems Click the Download button right now and start to earn In fact, its all very easy to do with our application pay off loans, buy a car and a nice house and make a lot of money!

Rank Digital defended itself against the ASA, explaining that an affiliate marketing company, WakeApp, created the ad and published it without permission. Subsequently, the operator had no knowledge of the spot or its distribution.

WakeApp admitted that the ad was out of line when the ASA launched its investigation. However, it couldnt explain how an egregiously irresponsible ad such as this was able to pass its internal controls.

As in the case with Coral, Rank Digital had to scrap the ad and make sure it wasnt used again. For its part, the company stated that it has already taken measures to ensure similar ads wont appear.

More often, gaming regulators are cracking down on operators for the actions of their affiliates. They expect the gaming companies to manage every aspect of their activity, even those over which they have no direct control. While there has not been a specific discussion of it, this is something that might appear in the UKs upcoming white paper on gambling.

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Coral, Rank Digital Blasted for Irresponsible Gambling Ads in the UK - Casino.Org News

Game developer 4ThePlayer.com has announced today that it has been granted a transactional waiver by the New Jersey Division of Gaming Enforcement (DGE) and is live across New Jersey, with its partnered gambling operators.

This allows 4ThePlayer.com to launch its top-performing titles at licensed operators in the state of New Jersey, the first of many US states into which 4ThePlayer.com will enter this year.

The first game to be launched is 9k Yeti followed by 6 Wild Sharks and 3 Secret Cities in the coming months. Each title has a player-centric innovation that sets it apart from other titles on the market, as well as Big Reel Portrait Mode, 4ThePlayers proprietary mobile display mode that overcomes the challenges of portrait mobile play to create an immersive player experience.

Chris Ash, Business Development Director of 4ThePlayer.com, said,

We are delighted to be granted our transactional waiver and to be live in the USA this is a milestone for 4ThePlayer and our first step into the exciting US market. We cannot wait for players in New Jersey to enjoy our games and we look forward to further US expansion in additional states soon!

The games are available on Gaming Realms, via a platform distribution deal that was announced in 2021.

4ThePlayer.com is a leading challenger brand game supplier with a focus on innovation and player entertainment! Their games include 9k Yeti, 4 Fantastic Fish, 90k Yeti, 3 Secret Cities and 6 Wild Sharks.

Their mission is to create the most exciting games for players with concise, engaging game mechanics and the best math profiles for big-win potential. Using innovation to create new gambling-focused entertainment experiences!

The London based supplier was founded in 2018 by industry veterans Andrew Porter, Chris Ash, Thomaz Scalzilli, and Henry McLean to create player-centric games that enhance the iGaming industry and champion the player! The team are players themselves and have over 50 years of industry experience, as well as a proven track record having already created success in start-ups and FTSE 250 companies.

Ciaran has a decade of experience writing for some of the biggest names in the eSports, poker, and casino industries.

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Casino Games Studio 4ThePlayer Launches In New Jersey after receiving transactional waiver from NJ DGE - Gambling Industry News

Considering a casino visit this month or in the fall? Play your cards right and youll walk away a big winner beyond the busy gaming tables and blinking slot machines on your next trip.

Thats actually a safe bet becausethese destinations offer a veritable all-you-can-buffet of options when it comes to entertainment (Blondie or Rod Stewart? Wanda Sykes or Amy Schumer?), activities (bikes, zip line, shopping) and luxurious R&R (restaurants, spas, plush accommodations).

Nongaming amenities serve as an important differentiator in a region that presents an abundance of gaming options, according to Kelly Burke, senior vice president and chief marketing officer for Ocean Casino Resort in Atlantic City. Amenities make the property a one-stop destination that serves as a beacon of luxury lifestyle escape.

Here are five tristate casinos where you can let the good times roll.

While proof of vaccination may not be required, casinos encourageguests who aren't vaccinated to wear masks. Some events may require proof of vaccination on a case-by-case basis.

Check out the Beyond van Gogh, excursion through Aug. 28 at Hard Rock Hotel & Casino in Atlantic City. Credit: Hard Rock Hotel & Casino/Timothy Norris

BEST BETS: Check out star memorabilia at this luxe resort including a Rolls-Royce driven by Elvis Presley and frocks rocked by Beyonc and Lady Gaga. Crave art? Beyond van Gogh, through Aug. 28, immerses visitorsin those famous sunflowers and starry, starry nights immortalized by the legendary Dutch painter Vincent van Gogh. Let It Be, Aug. 19-28, celebrates the legendary Beatles and their earworms such as I Wanna Hold Your Hand and Strawberry Fields Forever at the 1,300-seat venue Sound Waves. A diverse show lineup puts Rod Stewart (Aug. 19), Ben Platt (Oct. 1) and Wanda Sykes (Oct. 8) center stage. Roll With It Sushi School (Sept. 28) and a Halloween-focused pastry class runs (Oct. 15)..

INFO Overnight pricing starts about$179 $249, depending on dates; 1000 Boardwalk, Atlantic City, New Jersey609-449-1000, hardrockhotelatlanticcity.com

Take a break from the casino and try ziplining at Foxwoods Resort Casino inConnecticut. Credit: Foxwoods Resort Casino

BEST BETS: Open-air Bash on the Grass performances by popular local performers play every Friday in August at this sprawling complex. Sundays, meanwhile, are made for splashy pool parties with themes ranging from Mardi Gras (Aug. 14) to an All-White Affair on Sept. 4. Adventurous types who have a need for speed (as in, 60 mph) can strap themselves into the highflier zip line that launches from 33 stories up and gives a rush as well as a view of Long Island Sound. Back on solid ground, try the Topgolf simulator or the Tree House Arcade featuringclassic video games and pinball, go karts and bowling. Blondie + The Damned (Aug. 12), Elvis Costello + The Imposters (Aug. 13) and Amy Schumer (Aug. 19) are among upcoming boldface-names on stage.

INFO Overnight pricing varies depending on dates; 350 Trolley Line Blvd., Mashantucket, Connecticut, 800-369-9663, foxwoods.com

A couple dances to live entertainment at Mohegan Sun inConnecticut. Credit: Credit: Mohegan Sun

BEST BETS: On 185 acres along the Thames River, the property boasts a golf course and dozens of shops, depending on whether visitors are in the mood to tee up or shop till they drop that day. Concerts in the 10,000-seat arena include Lorde (Aug. 25), Daryl Hall & John Oates (Oct. 9) and Keith Urban (Oct. 21). Craving a more intimate setting, the 325-seat WolfDens calendar features singer-songwriter Alana Springsteen (Aug. 13) and Hermans Hermits with Peter Noone, whose groovy 60s chart-toppers include Im Henry the Eighth, I Am (Aug. 20). The 36th annual New England Christmas show Nov. 4-6, the largest arts and crafts festival in New England, will get you in the holiday mood a little early, in a big way. Pace yourself.

INFOOvernight pricing starts from$200 $400, depending on dates; 1 Mohegan Sun Blvd., Uncasville, Connecticut, 888-226-7711, mohegansun.com

The exterior of the Ocean Casino Resort in Atlantic City, N.J. Credit: AP/Wayne Parry

BEST BETS: Open your eyes to a sunrise over the sparkly Atlantic Ocean before a dip in the pool? Yes, please. This getaway destination cheekily describes the wake-up call vitamin sea. Then its up to you where the day takes you from there. Bikes, rentable at the resort, are a zippy way to check out whats happening on the Boardwalk. The eclectic entertainment lineup includes comedian Russell Peters (Aug. 20), Staind (Sept. 10) and the Atlantic City Jazz Festival (Sept. 17). Resting easy is what escapes are all about. The resorts new Contemporary Blu rooms draw inspiration from the colors and patterns of the shoreline for a serene, beach-y escape. Frozen hot chocolate, anyone? Thats a signature treat from the popular New York City restaurant Serendipity3, and the dessert haven has a sweet new outpost at Ocean.

INFOOvernight pricing starts at $149 $299, depending on dates, 500 Boardwalk, Atlantic City, New Jersey, 609-783-8000, theoceanac.com

Book a massage or facial at Resorts World Catskills during your downtime. Credit: Resorts World Catskills

BEST BETS: The hills, as in beautiful Catskills Mountains, are alive with the sound of music. Entertainment on Friday and Saturdays this summer and autumn features a mix of local bands everything from country and classic rock to reggae and dance-party favorites. The array of dress-up or come-as-you-are-casual dining options include Cellaio, an Italian steakhouse overseen by celebrity chef Scott Conant, and Lotus, where Chinese delicacies are on the menu. Both of these eateries are participating in Hudson Valley Restaurant Week Nov. 7-20 while introducing new fall menus at the same time. Up for some self-care and pampering? Book a massage or facial at the spa. Ahh. Jackpot!

INFOOvernight pricing starts at $249; 888 Resorts World Dr., Monticello, New York.833-586-9358, rwcatskills

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5 casinos to visit that offer more than just gambling close to Long Island - Newsday

Posted on: August 3, 2022, 07:32h.

Last updated on: August 3, 2022, 01:36h.

The gambling market in Spain changed last year, as gamblers spent more in land-based venues than they did online. An update from the countrys gaming regulator breaks down by sector how much things changed.

A few months ago, the General Directorate of Gambling Regulation (DGOJ, for its Spanish acronym) showed that online gamblers, in general, spent 4% less last year than they did in 2020. The regulator has now published two reports to show where they made the cuts: the Analysis of the Online Player Profile 2021, and an update to the Annual Report of the State of Online Gambling Market of 2021.

The DGOJ showed that the Spanish online consumer spent an average of 523 (US$532) throughout last year. This was 2% less compared to the 534 (US$543) from 2020.

The number of active online players last year was 1,470,303. This represents a year-on-year decrease of 0.6%. Of that figure, 84.52% of active players are between the ages of 18 and 45.

Last year, the average net spend per active player in Spain was 43.58 (US$44.39) per month. However, according to the DGOJ, the average expenditure only considers the set of online gamblers, not from the general adult population.

Of all active players, 82.73% are men and 17.27% are women. Men spent an average of 583 (US$593), while womens spending reached 234 (US$238).

The highest average annual expenditure is for the age range between 36 and 45 years, with 837 (US$852). On the other hand, the lowest corresponds to players between 18 and 25 years of age, with 202 (US$205).

The most used means of payment was the card, with 72.85%, followed by e-wallets, with 17.9%. The number of deposits went from 2.27 billion (US$2.31 billion) in 2020 to 2.76 billion (US$2.81 billion) in 2021. This represents an increase of 23.03% as the number of operations in the period increased by 24.9%.

The report also detailed that, as in 2020, the online sports betting category was the segment in which a greater number of people participated. It had 1,136,399 players and an annual variation rate of 8.76%.

Sports betting was followed by online casino, with 656,626 players and a variation of 2.37%. Following it was poker, with 335,712 players and a variation of -24.25%. Bingo found its niche consumer, with 101,754 players in 2021.

The DGOJ indicated that 59.54% played only one segment, of which 43.64% played only sports betting. 8.17% played only online casino games, while 6.39% and 1.34% played poker and bingo, respectively.

Adjusting for the inclusion of new figures, the net margin for online gambling was 815.2 million (US$830 million). This is only slightly lower than the 815.3 million (US$830.05 million) recorded in the first edition of the report from earlier this year.

In the analysis of the net margin by gaming segments, online casino games were the big winner. Their figure was 407.3 million (US$414.67 million) for 48.2% of the total.

Next was sports betting, with 333.6 million (US$339.57 million) and 39.5%. Finally, bingo, lotteries, and other games appeared on the list as well, but only with low, single-digit activity.

The mixed results for last year coincide with those from other markets. As countries removed COVID-19 restrictions, land-based gaming witnessed an increase in activity, cutting into the online segments performance. In Spain in 2020, at the height of the pandemic, online gaming increased by 14% from 2019.

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Online Gamblers in Spain Cut Back on Their Spending Last Year - Casino.Org News

Whether youve been gambling online for a while or are new to the pastime, it soon becomes apparent that there are a lot of online casinos out there. In some ways, this is a good thing since it provides players with a wide range of choices.

On the other hand, it can be difficult to know which online casino to pick from the bunch. Here we take a look at the popular betting platformRajBet, and why it may well be a hidden leader in the Indian gambling niche.

One of the most critical draws at an online casino is its games. This is largely why players are signing up, after all to play exciting games that offer winning potential. At RajBet, users are spoiled for choice for a number of reasons.

First, RajBet supplies thousands of titles in a range of genres from a wide variety of software providers. This list includes big, household name studios trusted worldwide such as:

Along with a vast wealth of online slot machines for players to try out is a solid selection of traditional casino games such as poker, blackjack, and baccarat. Gamblers who like to try their luck with table games like roulette have plenty to check out, as well as more localised casino games like Andar Bahar or Teen Patti.

Cant make it to a casino in the physical world? No problem, because RajBet works with several software providers that make live online casino games.

These games are hosted by real people who deal cards, run roulette wheels, and keep the environment lively. Live casino games are streamed from physical studios and are a close substitute for physical casino entertainment.

Its not all about casino-based gambling at RajBet either. With one click, gamblers can flick to the sports betting side of the site, where they can place pre-game bets as well as live bets. There is a large number of sports on offer at RajBet, including:

And a whole lot more. Finding the sport and even you are interested in is easy, and there is an array of betting options. Just one account is needed to flip between the sports betting section of the RajBet site and the casino side.

Another area in which RajBet may surprise is bonuses. When signing up and using the site, here are some examples of the sort of bonuses that may be encountered:

Full terms of each offer can be found on the rajbet.com site by clicking on the Bonus page. As well as these, users can take part in a Fun Currency concept and a Loyalty Program. Info is available at the RajBet website, or you can contact the support team to find out more.

As you can see, there are many reasons why RajBet might be the hidden leader in Indian gambling. It offers an extensive range of betting opportunities, from sports to the latest in casino game entertainment.

The platform pairs game with bonuses and signing up is not complicated either. Just remember to bet responsibly at all times to help keep the gambling fun.

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Is RajBet a hidden leader in the Indian gambling niche? - Mangalorean.com

The UK Gambling Commission has released the findings of a quarterly survey revealing that problem gambling remained at 0.2% for the six months to June 2022.Problem gambling rate of 0.8% in 16-24 year olds

The Commission surveyed 4,018 participants through phone interviews and based its findings on the Problem Gambling Severity Index (PGSI). This index asks three questions of participants who have gambled in the last 12 months and is used to determine the rate of problem gambling per head of the population.

The latest figure of 0.2% is considered stable as it has dropped from the 0.4% reported in the same period in 2021. The survey found that problem gambling among males dropped to 0.3% from 0.6% in the same period in 2021. Problem gambling among females remained stagnant at 0.1%.

Problem gambling was highest among the 16-24 year old group at 0.8%, up from 0.4% in 2021. Meanwhile the 35-44 year old age group which is historically the group with the highest rate of problem gambling dropped from 0.8% in 2021 to 0.2% in the latest survey.

According to the data, 42.9% of all participants gambled at least once in the four weeks prior to the survey while 25.8% had gambled online in the same period. Of all those surveyed, 45-54 year olds were found to be the most active. 49.1% of this group had gambled in the previous four weeks while 33.2% had gambled online.

Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.

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UK Gambling Commission Survey Reveals Problem Gambling Most Prevalent in 16-24 Year Olds Gambling Industry News - Gambling Industry News

In brief

General Resolution (AFIP) 5228, published in the Official Gazette on 7 July 2022 (Resolution), established the rules for the payment of the tax on online gambling (Tax). The rates applicable for the payment of the Tax were set forth by Decree 293/2022, published in the Official Gazette on 2 June 2022 (Decree).

The Resolution also included the list of the non-Argentine residents in charge of organizing/operating the online gambling subject to the Tax. In this case, the Argentine intermediaries that facilitate the payment of the bets must collect the Tax corresponding to such non-Argentine residents from July 2022, inclusive.

In focus

The Resolution set forth the rules for the payment of the Tax based on the provisions previously included in the Decree. The Resolution also included the list of the non-Argentine residents in charge of organizing/operating the online gambling so that the Argentine intermediaries that facilitate the payment of the bets may collect the Tax corresponding to such non-Argentine residents from July 2022, inclusive.

To access the above-mentioned list, please click here.

The provisions of the Decree are as follows:

Click here to access the Spanish version.

Content is provided for educational and informational purposes only and is not intended and should not be construed as legal advice. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee similar outcomes. For more information, please visit:www.bakermckenzie.com/en/client-resource-disclaimer.

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Argentina: Tax on online gambling rules for the payment of the tax - Lexology

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Noah Vineberg, a bus driver based in Ottawa, lost over $1 million to his gambling addiction.

Vineberg can trace the roots of his addiction all the way back to grade school, where he avidly traded marbles and hockey cards on the schoolyard.

It wasnt until much later like 16 to 18, 19 I knew that I was gambling heavier than anybody else. And I knew that I definitely had a problem.

After 48 years of grappling with that problem, Vineberg will soon celebrate four years free from gambling.

But many others are still struggling. A University of Lethbridge study found that over 66 per cent of Canadians participated in some form of gambling in 2018, with 2.7 per cent identified as at-risk gamblers and 0.6 per cent identified as problem gamblers.

And while not all those problems are financial, they often come with a hefty price tag.

Gambling has long been one of Canadians favourite pastimes. At more than $15 billion, it represents the largest section of the countrys entertainment industry, according to the Canadian Gaming Association.

And access to it has only gotten easier since April, when iGaming was launched in Ontario making Ontario the first province to regulate internet gambling.

Ads and apps have been popping up everywhere since, even some featuring celebrities like Wayne Gretzky and Shaquille ONeal.

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But those ads can have a troubling effect, says Vineberg. Because while they may show people winning, winners are not who the advertisers are really trying to target.

The client theyre after is the me thats going to go to four different cheque-cashing places and going to just try and make enough on the weekend in my bets to cover my butt by Monday.

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And its only going to get more difficult for people like Vineberg.

The incidence of online gambling, and the severity of it, have increased considerably, says Diana Gabriele, a gambling counsellor at Htel-Dieu Grace Healthcare (HDGH) in Windsor, Ont.

Gabriele adds the increased isolation during COVID-19 lockdowns hasnt helped.

As a result of that isolation, and the change in lifestyles and loss of employment, people became bored, they became strapped for money, they were looking for ways to make money easily, she says.

They were looking for entertainment.

And entertainment they found. Gabriele explains that the rise of technology and gamification the integration of video games into gambling platforms and vice versa also increases the likelihood of people becoming addicted. It feels more rewarding when players can meet missions or tasks, earn loyalty points and bonuses or score highly in tournaments and leaderboards and it keeps users engaged for longer, increasing their odds of losing more.

Mike Bergeron, a certified credit counsellor at Credit Canada, agrees.

Its just so easily accessible, says Bergeron. Everywhere youre at its on your phone, its at home on your computer, you can do it at work on your lunch break.

Gabriele says that the problem with gambling addictions is the issue is often not well understood.

In the industry, we say that gambling is the invisible addiction, explains Gabriele. There arent any visible effects of a gambling addiction, compared with drugs or alcohol, but there are still some major red flags you can look out for.

Spending more money than you initially intended to or pulling money from other sources to fund your habit is the No. 1 indicator, she says. Another concerning sign is if your habit starts to impact other aspects of your life, like jeopardizing your significant relationships, career opportunities or education.

Those are both signs Vineberg saw in his own life. At one point, he was siphoning off a percentage of his paycheque and keeping it in a separate account to hide his gambling from his wife. He also opened up secret credit cards and lines of credit to finance his habit.

I owed money to everybody I was stealing from Peter to pay Paul, says Vineberg.

Setting firm limits on how much and how often you gamble can help you avoid sliding into risky behaviours. The Canadian Centre on Substance Use and Addiction recommends that you bet no more than one per cent of your household income before tax per month, and to restrict yourself to gambling no more than four days a month.

Ontarios regulated gambling platforms include time and money limits. However, Gabriele notes that when a gamblers behaviour becomes problematic, they may choose to reset these limits or turn to offshore accounts.

How you respond physically and emotionally to those limits can be telling as well. Gabriele says if you get irritable when you try to cut back or become overly preoccupied with gambling, that may indicate you have an issue.

Even when theyre not gambling, theyre thinking about gambling, theyre planning on gambling, theyre trying to figure out how they can get more money so they can go back and gamble, says Gabriele.

Or theyre worried about not having any money at all, because theyve spent it all on gambling, she adds. And of course, theyll gamble even more, because that causes a great deal of distressed feelings.

An addict may soon find their problem has gotten so big that they cant cover basic expenses, like their mortgage or rent payments.

Weve seen people go from six-figure incomes and very lucrative, satisfying jobs to living on the streets because of gambling, notes Gabriele. The journey can happen almost from the start for some people, and for other people, it can take many, many years before that becomes a consequence.

Bergeron says the first step to getting out of this cycle is to acknowledge the issue and ensure you have systems in place to prevent you from going back.

Even though there are solutions that could assist them in their debt or credit crisis, if we dont adjust and do something about the behaviour that caused it, they will only become a Band-Aid, says Bergeron.

The second step is to look at your finances. Depending on the severity of your debt, you may want to consider everything from debt consolidation or refinancing your mortgage, to filing a consumer proposal or declaring bankruptcy.

And then we start going through their income and expenses and trying to create a good action plan to live within their means, either to maintain their debt or to get out of debt at some point in the near future, says Bergeron.

For some in the early days of recovery, it might be easier to take some of the decision-making out of their hands and limit their access to money by naming a financial trustee.

Because one of the insidious factors of gambling is the lack of respect that one has for money it gets converted into pretty little coins, you know, just numbers on a screen. It loses its importance to that person, it becomes depersonalized for them, explains Gabriele. And over time, they need to regain that respect and appreciation for money as a tool to provide safety and security in their lives.

Vineberg made several attempts to get help for 15 years before he was ultimately successful. After three relapses the last triggered by the event of his fathers death he came clean to his wife at a therapy session, calling it his first real accountability move.

From there, he attended gambling counselling at the HGDH centre in Windsor. In the first year-and-a-half of his recovery, he had to consolidate a lot of his debts and hand the financial reins over to his wife.

If theres one thing thats different in my recovery now than the other attempts, its that I am still actively participating, acknowledging, being accountable to and owning my recovery, says Vineberg.

For anyone else who may be wrestling with the same, he emphasizes that the sooner you seek help, the better.

He admits the early days were hard. Vineberg and his wife lived on a fairly restrictive budget for a while and made sacrifices to get back on track. But because he sought out help when he did, the couple were able to take a two-week vacation to Italy earlier this year.

And he hopes that in bringing his experience with addiction to light, itll help others who may be struggling in the shadows.

My sons going to be 27 my oldest and I dont tell him not to gamble, says Vineberg. I tell him that if you start to notice that you cant go without it, dont be afraid to reach out for some help.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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