The dead season for online gambling is summer. People want to be outside, and travel. However, the hot weather tends to keep people in bed. Online gambling businesses have to find ways to stay afloat during this season, and one way to do that is by offering generous bonuses and promotions. Promotions are also offered during the winter, though they tend to be less generous. Holidays are another lucrative time for online gambling businesses. During these times, online gambling sites can offer bonuses and incentives to attract new customers.
Legalization of online gambling
A recent graduate of the University of Minnesota and a Ph.D. candidate at the University of Illinois at Urbana-Champaign, Luke Plutowski, argues for the legalization of online gambling. Legalizing online gambling would stimulate economic activity and generate billions in taxes. It would also give consumers more control over their finances. He tweets at @lukeplutowski. Further, legalizing gambling would provide consumers with new opportunities to relax and improve their physical and mental health.
As gambling addiction becomes more widespread, the social costs are huge. Compulsive gambling can cause divorce, bankruptcy, embezzlement, and even suicide, and ripples outward to harm the economy. As a result, regulating gambling is an effective way to curb its effects, as noted by John Kindt, Professor of Business at the University of Illinois. But in order to do so, government should focus on regulating the industry and increasing the number of state-sponsored addiction services.
Regulation of online casinos
The US has long had a love affair with gambling, and the issue of online gambling is no different. With the popularity of online casinos increasing, the US authorities and politicians have started to realize how profitable it can be for US citizens. Pro-online gambling bills have made their way through Washington DC, but have not yet been signed into law. US Attorney General Jeff Sessions has also stepped away from the debate, perhaps recognizing the financial impact that online gambling has on the US economy.
The purpose of regulation is to ensure player safety. Gambling involves huge amounts of money, and online casinos often involve “faceless” third parties. However, most players have little or no knowledge of these organizations. Regulation allows players to rest assured that the games are fair and that their money is safe. In addition, online casinos with reputable regulators ensure a fair chance of winning. It’s also necessary to avoid websites that have unsuitable owners or senior management.
Impact of online gambling on harms
Using mobile devices for gambling has had a significant impact on gambling, but very little research has examined the use of these devices in relation to problem gambling and harms. Researchers have tried to investigate whether there is a difference in problem gambling severity between internet and offline gamblers, and whether gambling mode influences risk for harms. Here we look at some of the findings from this study. They provide helpful information for responsible online gambling.
One of the most interesting findings was the relationship between age and marital status, with people separated or divorced being more likely to use online gambling than those who were married. However, older people without spouses were less likely to use supplementary devices, such as computers. However, there are still some concerns. Nevertheless, the research has opened many possibilities for improving the protection of vulnerable populations and reducing harms from gambling. The future research must examine how these technological access points affect gambling. Further, it must continue to track trends over time so that societal recommendations do not become outdated.
Detection of risk indicators
Detection of risk indicators for online gaming involves identifying the most common forms of problematic gambling and comparing their features to known risk factors. In addition to identifying the most common forms, these risk factors should also be taken into consideration in other studies to determine their impact. For example, one of the most common risk indicators for EGM gambling is language, and another is whether or not the individual is male. Self-reporting as a semi-professional gambler may also be a risk factor.
Various researchers have attempted to identify risky customers by using single indicators and algorithms. Some of these indicators are game-specific and play a causal role in problem gambling. To be most effective, it is necessary to study the accounts of multiple players to determine which risk factors are prevalent in each. Unfortunately, most research on online gambling involves a single European gambling site, which is not representative of the global online gambling community.