Kindred publishes harmful gambling revenue figures
8th February 2021
| By Richard Mulligan
Kindred has reported that just over 4% of its gross winnings came from high-risk players during the most recent financial quarter as it became the first top-tier operator to report the share of revenue that is derived from harmful gambling.
In the three months to 31 December, 2020, the Unibet and 32Red operator said 4.3% of gross winnings revenue came from at-risk gamblers. The group added that it had achieved an improvement effect after interventions figure of 75.7% in the same period.
Nasdaq Stockholm-listed Kindred said it has decided to publish the figures as part of its commitment to achieving zero revenue from harmful gambling by 2023 and increase knowledge and transparency about the company’s sustainability work and contribute to a fact-based dialogue about harmful gambling with decision-makers and other stakeholders.
Aspers Stratford hit with financial penalty over AML and player protection failings
4th February 2021
| By Daniel O Boyle
The Gambling Commission has issued a £652,500 ($890,000/€742,000) financial penalty to Aspers’ Stratford City Casino after an investigation uncovered a number of anti-money laundering (AML) and social responsibility failings.
The investigation was launched in December 2018 after the Commission became aware that a member of Aspers’ VIP programme, died by suicide in the early hours 12 November, 2018.
The individual last visited Aspers on 11 November, where they spent £6,100 in cash. They previously incurred significant losses at the venue, including a £51,000 cash purchase.
After X’s death, Aspers immediately launched an internal investigation and created an internal report about its interactions with this customer and the adequacy of these procedures, which it produced to the Commission in December 2018. This report noted regulatory failings and p
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NSW study shows nearly a third of young people gambled last year
1st February 2021
| By Richard Mulligan
Almost a third of 12-17 year-olds interviewed for a study in New South Wales had gambled in the past year, according to the state s Office of Responsible Gambling
The NSW Youth Gambling Study 2020 interviewed 2,200 minors aged between 12-17 and found that 29.8% had participated in monetary gambling and 40.1% had played games with gambling-like components, such as video games.
The study, commissioned by the NSW Office of Responsible Gambling to investigate the gambling attitudes and behaviours of young people, revealed that the problem gambling rate among participants was 1.5%, while a further 2.2% were deemed to be at-risk gamblers.
Entain foundation US partners with EPIC Risk Management to launch player education initiative with colleges across US
Entain foundation US partners with EPIC Risk Management to launch player education initiative with colleges across US
By
Mid-American Conference, Fordham University and Monmouth University.
January 27, 2021 – The Entain Foundation U.S. and EPIC Risk Management today announced the launch of a player education initiative with colleges around the nation to deliver a series of gaming awareness educational sessions. The Entain Foundation U.S. is funded by Entain plc, the global sports betting and gaming entertainment operator which jointly owns and provides the technology to BetMGM in the United States.