Tag: Responsible Gaming
Sports Betting Operators Agree to Responsible Gaming Standards
This week’s gambling news finds several major operators have come together for a set of responsible gaming standards designed to help with player protections. This follows up on our show from two weeks ago, where we discussed the dangers of rapid growth for the US sports betting industry. Hello friends! It’s time for another edition of This Week in Gambling, where 20% of Americans say they are now betting on sporting events… some of them from inside of NFL stadiums! Which leads us to responsible gaming, and this week’s big story! But before we get started, let’s just take a…
Responsible Gaming Measures Hit Hard on Sweden’s ‘Monopoly’
Poker News – According to a note published by Sweden’s monopolistic company Svenska Spel, the package of “responsible gambling measures” implemented only six months ago resulted in a 6.2 percent profit loss. According to a report on 2014 Q1, “net gaming revenues decreased by SEK 186 million compared with the same period last year, moving from SEK 2.480 million to 2.293 million” and brought the Swedish gambling group an operating profit of SEK 1.243 million — SEK 83 million smaller than in 2013. “The decrease in revenues was expected,” commented Svenska Spel CEO Lennart Käll, who also added that the…