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University of Adelaide Warns On Underage Gambling

Monday May 20,2013 : ADELAIDE UNIVERSITY RESEARCH WARNS ON YOUTHFUL GAMBLING
 
Marketing is increasingly targeted on the young, says researcher.
 
Dr. Daniel King, a researcher at the University of Adelaide in Australia told Australian Associated Press reporters Monday that the advent of digital and social gaming now calls for greater parental vigilance, because marketing is increasingly targeted on the young.
 
King revealed the results of a survey he conducted among 1287 teenagers aged between 12-17, claiming that 40 percent of young people who played simulated gambling games on the internet and smartphones reported a preoccupation or intention to gamble in the future, with many accessing games through social media, smartphone apps and video games.
 
"The real [marketing] strategy is to engage young people in gambling applications, developing their familiarity with the game," he told AAP.
 
"[Then] have them learn the fundamentals of gambling and offer an easy way to transition from that form of gambling to money-based gambling."
 
While not all young people who played would become problem gamblers, early exposure could accelerate the risk, Dr King said.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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