Topic: Risk management and responsible gaming - page 3. (Read 1525 times)

Not so many countries care about the negative effect that gambling is emitting in the lives of their country's citizens, what they most care about is to create a peaceful environment for the smooth running of those casinos operating on their soil in return for the high taxes (money) that are paid into their purse. If you are referring to nongovernmental organizations and civil liberty organizations rendering support in encouraging responsible gambling I can agree to an extent but for the government I don't think they fucking care anyway. The only restrictions I see from the government is 18+.

Op don't forget that those self-exclusion programmes aren't for free, in some cases you have to be granted a subsidy where you incur part fees to benefit from those programmes. So it's like a win-win from the government achieving from the gambling companies and also from those who fall into gambling addiction seeking for specialist/rehab support. Lol.

I dont think the government has some kind of program like this i mean they are the ones that kinda support gambling in the first place and at the same time this casino is a business where they are also getting profit since these businesses are tax, so probably it wouldn't be a great move for them, Most of the organizations that related to gaming and gambling do that is managed by the government like here in my country are just regulating casino gaming or probably just wasting peoples money since they are a lot of issues in this government organization, recently in my country, there was an issue about spending around 3Mpesos on just a logo. This is really overpriced considering the output plus their website was kinda of trash since it was recently hacked by some hacker guy just to teach them a lesson.

Probably the best thing that they do is to regulate and remove some of the gambling platforms that are not legally operating I guess it kinda helps since they can help us avoid scam websites etc if they actually do it since most of us doesnt really feel or see the things that they do if they are really doing anything or just wasting resources.

Apart from the importance of risk management, it is also important for anyone to be aware of the risks in gambling, therefore, no one should complain about the risk of defeat, such as losing money in gambling, because that is part of gambling, which must be understood, limit your budget and gambling time so you don't waste too much money. playing gambling and exceeding the limits of financial capabilities.

Every gambler must be able to manage their emotions when gambling so that they can manage risks well, of course this can also encourage awareness to continue gambling responsibly and wisely, without self-awareness it will be difficult to control emotions well, therefore at least limit everything so that you continue gambling. safely without having to worry about wasting money unnecessarily.

Risk management and gambling are not quite compatible. A person seized by gambling is often unable to control his emotions, let alone follow the rules of risk management. If a player starts to control his expenses, it means that he treats the game more like a job than just a game

I think all countries have a responsibility to determine regulations for casinos operating in that country. Meanwhile, for players who lose at gambling, of course there will be no government that will consider the casino to have committed fraud because of the gambler losses or take responsible for their losses. It would be very funny if the government compensated people who lost at gambling.

With risk management, a gambler will always be careful when gambling. He understands that gambling carries the risk of losing, and if he is not smart enough to manage his expenses, he can lose a lot of money.
By knowing how to manage money for gambling, he will think about gambling enough so that he will not risk losing too much. After all, playing enough gambling can give you pleasure.
Besides that, he will also try always to be responsible when gambling. He did everything because he knew that gambling could tempt him to spend more money, which could result in him experiencing more losses.
For this reason, he will feel that gambling in moderation is the solution for him so that he will not exceed his limits in gambling.

This will only be made possible through regulation. Here in my country there are a lot of illegal gambling operators online and offline. Good thing is that the government is making some legal actions to this so that legitimate operators business won't die. Taxes collected from gambling platforms will be used to buy ambulances, firetrucks etc. and that is where the taxes go.

Actually, if people understand the risks of gambling, why don't they make a request to the government that gambling puts them in a bad position because they gamble impulsively if the government allows it to operate, because as far as I know, orders are winners of the aspirations of the people, so people can do that to initiate it.

Regarding the tax issue, usually the tax applies when the company is already within the scope of tax law, meaning that the tax comes when a company is eligible to make tax payments, including casinos, but if you think about it, when banning gambling, many people will protest, it can be considered undemocratic or something like that, also indeed the revenue from gambling is quite large, so the choice that can be profitable for the economic growth of the country / region is to get a large tax from gambling, this in my opinion will be a paradox.

The government's efforts to make people have limits on gambling, I think it is an effort that the government sees enough to pay attention to impulsive gamblers, and who cannot manage their finances well, so the government must often educate about responsible gambling.

Responsible gambling has absolutely nothing to do with the government, and if also have nothing to do with gambling casinos as well, as far as they placed some warning to the gamblers, and even provided some resources that will aid the gamblers in practicing responsible gambling.

Gambling responsibly is solely the duty of the gambler, because even if  the government were to step in, their job also would be to create awareness of the risks of gambling, like the high possibility to loosing of money, the potential risk of becoming a gambling addict and so on.

Governments will not do the responsible gambling for any gambler, since like I said before, it's completely the duty of the gambler him or herself to practise responsible gambling, materials that teaches gamblers how to gamble responsibly are filled everywhere online, even on this forum.

You would have provided a link to that if it's that true, i don't think any gambling platform can make a statement like this and act upon it as well, the reason reason for this is when thry are making a public statement to entice the government while making a presentation that constitute their cabinets, but it's something totally far from the reality that they can make this statement in other to reduce one of the means that brought in their targets expectations on them.

To an extend, most terms and conditions structured to maintaining proper gambling within gamblers are now  being ignored not just by the gamblers but also as the Gambling sites because they both basically want to make profits.

I wonder to ask, how do you get denied access from doing what is obviously wrong but you have passion for it? Because I know the possibilities of underaged individuals who proceeds gambling registrations on the gambling websites I could make a successful registration by increasing its age so they could be access allowed to proceed with their gamblings but literally unknown and less concerned to the gambling sites.
Even as that, most of the terms and conditions moderated by the organisations and the governments are merely formalities. Imagine that scenero of World Health Organisation (WHO) clearly stated that smokers are liable to die young but yet they permits the productions of the same smokes.

Contrarily too, many individuals doesn't care about the healthcares and otherwise concerns the governments aids to manage the risk of individuals going coherents to indicting itself from natural nurturing mayhems which could be prevented but it is saddened that people feels so much independent making unverifiable decisions amongst themselves that could turn against their wills sometimes.

No, this happened not because of keeping up with the times and marketing, but because there were massive profits to be made.
Just look, there are several countries that clearly have laws prohibiting gambling, but behind the scenes there are some powerful individuals who actually protect gambling sites in order to get taxes.
And of course taxes are obtained to make them rich for personal satisfaction in increasing their wealth assets, is this fair? Of course not, but it is normal for incidents like this to occur in several countries.
And for innovations such as casinos that provide services to gamblers to recover from addiction or in terms of solving problems because gambling is unreasonable, of course casinos will increase their promotions instead of making efforts to cure gambling addicts.
Sorry if I don't agree with this statement which doesn't make sense.

Yes, maybe following the times and maybe also the latest marketing strategy. Apart from that, this innovation may receive more support from the government and be able to make the gambling industry accepted in several places with its innovation.

The government of each country is also because when they know that a gambling business can help them, as long as it can provide the necessary requirements to the government, it will really help through the tax that will be deducted from their business profit.

That's why risk management is important, it's not good that a gambler is not a risk taker as a player in a casino. It is really necessary as a gambling player that he should know himself how to manage it without affecting his personality.

really? If so, then gambling would become more aware, conscious and responsible during gambling even before. It feels wonder to think about thier procedure cause gambling websites authorities always want from gamblers to inject more money in gambling and as the losing percentage is always much, authority will have in profit and then they will able to give more tax to govt! That's why many governments don't like to rethink about the recognition & seriousness of gambling. But gamblers are mature enough, so its their own responsibility to make them in discipline, make themselves in control and become so responsible which is called self exclusion as op mentioned

The moment that they allow gambling businesses to operate in their country , and the amount they are gathering in taxations and other stuffs of collections from those businesses , there i put it that they must be blame because they are also responsible to why there is a chance to gamble.
it is like when the government allows liquors and cigarettes then they are also responsible in health issues of those who smokes and drink so why not gambling/
i don't directly blame them but at least they are also part of those cases .

Personally, I even like to control myself now, I clearly know when I will finish my gaming session and will not sit until late at night. I remember myself with a smile when I could play for hours on end and not notice how the night passed. This happened in the past and will never happen again. Sometimes I look from the outside at people who play after drinking alcohol and I sincerely don’t understand what’s going on in their heads. Their mind is completely clouded, they may not look at the time and understand almost nothing of what is happening on the screen, only automatically making bet after bet. Most of these players will lose all their savings without even noticing it. And only the next day, having slept through and finally understanding what happened, they will be surprised how they were able to lose so much. In fact, the important moment here is when they decided to drink alcohol and play without limiting themselves according to the game limit. I never drink alcohol and clearly know my limit for this evening, this allows me to always stay afloat.

Betting restrictions is not available over here and I wish it is available, there are people who don't know how to stop and their families tried to help but they couldn't, if this restriction law is here I bet they would have taken the steps, maybe it will be effective for those addicts that don't know how to stop, they know they are addicted and they want to stop too but they just can't, restriction law will be a perfect solution.

Risk management is also responsible gambling to me, there isn't a lot of difference here, if you know how to manage your money in gambling you are in your right state of mind, you are trying to be responsible and you don't want to get wrecked like other gamblers.

These are steps that every gambler must take so that they can minimize the risks of gambling and also to make people more responsible for their gambling activities. A gambler who cannot be responsible for himself when playing gambling can experience a gambling addiction, which will only cause more problems than he could imagine. He will not be able to restrain his desire to continue gambling and will get deeper into gambling without being able to heal himself. But if someone can control himself well while he is gambling and after he has finished gambling, he will be able to enjoy gambling as entertainment and can keep himself away from gambling addiction. He can also be responsible for himself and does not think that gambling is a way to make money quickly. He can use gambling as a form of entertainment.

OP, how do you mean, I have never heard such before now, I don't think that the government can do all you just mentioned in favor of gambling, even though we have seen the government placing much tax on gambling company you should understand that most leaders of different countries don't even want to bear anything about gambling because they understand the risk that it portrays to their nation, the government do not involve themeslefbin anything that gambling is involved in, they exclude themselves and watch the gambling company closely to see if they will default, Op, I have to be sincere with you, your topic does not correlate with the body of your message, next time make more research before bringing information to the public, be guided, I stand to be corrected too.