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Is online gambling addictive? Don't bet on it
Wednesday August 20,2014 : POSITIVE WORDS FOR ONLINE GAMBLING
Addiction misinformation corrected in mystery Daily Mirror advertorial.
A mystery advertorial taken out in the UK mass circulation newspaper Daily Mirror this week puts the record straight on misinformation frequently put out by opponents of the industry on addiction rates in online gambling.
Headed "Is online gambling addictive? Don't bet on it, suggests new research," the advertorial quotes hard-fact and well known results from an extensive Harvard University Medical School study that concluded there is no evidence to suggest that online casinos create more problem gamblers than any other form of gambling.
One of the findings that emerged from the survey was that only a small percentage of online players (between 1 percent and 5 percent) exhibited "intense gambling behaviour that significantly exceeded the rest of the significant research sample.
This is in line with most other forms of gambling activity, and two of the survey's authors have additionally commented that instances of gambling addiction have remained constant for the last thirty-five years, despite the increased accessibility that online casinos offer.
The advertorial acknowledges that problem gambling is a serious issue for significant numbers of people, but notes that the Harvard research indicated that punters are spending substantially less time - and losing significantly less money - playing at online casinos than has been suggested.
The advertorial quotes figures from The Economist estimating that of the $475 billion believed lost in worldwide gambling in 2013, only around 7 percent was lost in online casinos.
The piece also claims that online casinos are more proactive in the promotion of responsible gambling policies, in most cases publishing contact advice and links for problem gambling counselling; strictly enforcing age and ID verification checks; providing self-exclusion and loss-limit options; and training staff in identifying and dealing with suspected gambling problems.
The article concludes: "The Harvard research suggests that the frequency at which people play online, and the sums of money they lose, are not the cause for concern that campaigners would have us believe, and that online casinos are no more responsible for creating problem gamblers than their bricks and mortar counterparts, despite dire warnings to the contrary."
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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.
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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