Topic: Risk management and responsible gaming - page 9. (Read 1523 times)

Well that's true based on my experience. We had a gambling outburst on our country before where betting had became a normal thing during the pandemic due to boringness and of course people are trying to figure out on how to make money during the lockdown.

A certain online betting site that had been popularized in our country dominated and there are a lot of agents that encourage people to do gambling especially social media influencers who also got commission from referrals. Our government took action too late after the gambling outburst cause the masses to get addicted that also cause people to lost money. In fact, there are people who got some financial assistance from the government who use the money to do gamble, it's crazy. There are also various crimes happened like kidnappings which was showed in local media that force the government to take action and to seize the operation of that certain betting site.

Government won't shutdown one of their biggest source of income until the masses demand after experiencing negative effects from it.

First of all, the government doesn't care if you lose your home and properties to gambling, and becoming a responsible gambler is your responsibility, no one cares if you turn into addicted gambler and you start sleeping on the street, and you named the government? They are the last people who want everyone to stop gambling.

Do you know how much the so called government are making from casinos? You need to do your own research, casinos are one of the country builders themselves, they contribute a lot to have a location and their business running in a country, it's left for every individual to think straight and be smart with gambling.

Gambling is not going to affect the countries economy, those people who own casinos are paying some good amount of money into the government's pocket, even if people start committing suicide due to gambling, the government will never eradicate casinos from the country, they know that casinos is playing a big role too. Do your own research.

Responsible gaming can help prevent addiction, and help prevent you from gambling. An irresponsible gambler wastes both time and money gambling, an irresponsible gamer waste time in gambling. The time wasted in gaming by the gamer makes them irresponsible. An irresponsible gamer will also care less for other activities, they will just want to keep playing their games. Irresponsible gaming reduces productivity and makes a gamer more prone to choosing to bet money on a game, slowly turning from gamer to gambler.

Some people think,the gamblers spoiling the country economy by involvement of the gambling.But many people do the money laundering and entirely spoiling the economy by ot paying the taxes for the holding money.The worst part is the people who do the doubling of the many and create the fake currency and spread around the society.This will totally the big burden to the country economy,but the gamblers will pay the taxes to the government in some way.So the gamblers are not the burden to the country economy.

Waiting for the government to put restrictions that'll help regulate gambling before we can know how to gamble responsibly is another way of trying to find a excuse on failing to do what we're supposed to do. Like I'll always say, gambling is only meant for people who knows how to play the game and not everyone who wants to get involved. It's very okay to not get involved if one can't control himself in the game of gambling.

Government would really be always having the decision whether they would really be allowing gambling or not but in most cases they would really be allowing it,considering on how big taxes of which gambling could generate and this is why it would really be that they would really be giving out priority and addiction would really be that just on their second priority and this is something that would really be depending or varying on them but most likely they would really getting in line with economic development rather than on minding about their citizens condition about possible gambling addiction.
Being responsible towards your gambling activity then it is something that you can really be able to blame to the government but it would really be that depending on you since we do have
our own will towards things and making up decisions basing on whats good for us.

Risks management and responsible gaming is really that crucial because it is really that something that would really be that important because you would really be able to avoid possible gambling addictions
because having that kind of common sense towards your actions will really be avoiding you into those possible situations that might happen into you. Gambling isnt bad as long you do
make yourself that responsible towards your actions then you wont really be that be able to experience such problems. It is really just that there are people who are really that
trying out to ignore their senses on what things should be done just for the sake of making easy money or quick bucks.

The government has a big role to Play to help gamblers not get addicted as when they do they may turn out problem to the society and the government at large, there are policies that of put in place will help both gamblers and the gambling house and by extension the society at large, in some places it can be seen that the government may have established all of this and put them in place but monitoring and making sure they are been kept is usually the problem.

Sometimes the government fails to monitor and make sure these policies are been adhered to and followed as the government has instructed so the casinos and betting sites operates regardless, some times the people kept in charge to regulate and monitor these policies are the problem as the casino may bribe their way through so they can break these rules and cheat on the gamblers sometimes.

The gamblers may not really be the problem but then every gambler should know that the best protection you can get is that which you make for yourself as no one can protect you any better than you do for yourself, the Casinos will not take your money from you except you bring it to them, you aswell will not loose money except you place a bet.

Responsible gambling will start from ourselves.

No matter how these institutions is pushing their agenda of responsible gambling, if the gambler itself will not participate, expect that the road to good change will have a tough process.

Good thing that it's not just the government who are doing their best to provide assistance at those who already fall on the trap of gambling but there are also several private institutions now that also giving assistance to those unfortunate.

Risk management and responsible gambling start and end with us alone, if we don't protect ourselves, no one else will be able to do it for us... it's always easy to bypass any restrictions, whoever wants to gamble will always find a way to do it. I think that the government needs to regulate casinos and make sure that casinos offer fair games, without cheating. The government should take care of how casinos work, where they are allowed to work, how they are advertised, and so on, not about us gamblers and how we gamble with our money.

Agreed. Country can’t be damage by gambling but rather it can help boost the country economy by opening the casino for overseas player. I think only few involve in gambling which this number is not sufficient to give a bad affect to the country. The on,y yime we encounter a real addiction threat in our country is when online sabong becomes popular during pandemic while most of the people don’t have job and keep losing money on this online game but still the number is not even close to the 1/4 population here.

Government ban gambling mainly due to religious belief conflict, most of the country that ban gambling is more on Muslim country which condone gambling activities.

People's mental clarity is suffering from the economy. This is major issue. Yet another issue: the economy preventing individuals from considering alternatives to gaming. You're right regarding gambling addiction. People want to make money, and some dont care how. Responsible gambling ads become background noise.

However, we may be missing something. Everyone is focused on gaining money, but many are overlooking gambling addiction's dangers. I agree with your gambling time limit regulation being unlikely to be implemented by companies. They may not want to change because they're making money. Shouldnt communities and families support addicts? Gambling addicts benefit greatly from assistance and coaching.

But then all this misuse of the money and the damage to the country's finances is only limited to the gamblers only? Can't the traders or anyone using the crypto can do money laundering and other illegal movement of the money? I don't think that gambling damages the countries as a whole but yeah when it comes to the individual level, if can ruin your life if you are not a responsible gambler and gambling without any plan to save your capital.

Only the experienced gamblers will save themselves through risk management while the rest of the gamblers will only lose money in the long term.

Does that mean the government helps gambling? it's interesting and usually it's opposite. what I understand is that the government wants gamblers to get fair play while they are gambling. I think it's always contradictory because I'm sure many countries prohibit gambling although not all countries, but what you say is quite interesting if the government steps in to deal with unfair gaming.

Governments have been concerned regards gambling practice on their territories since a long time, with many of them completely banning the activity from their areas, while others are more concerned about it only now, due to the fast spread internet and cryptocurrency have proportionated to the industry. The worries are caused by religious beliefs, income evasion to foreigner companies and potential damage to the health and financial life of the citizens involved in gambling. There is a consensus nowadays gambling has to be practiced with limits and ethics, and those who don't follow these basic guidelines are completely out of the game.

not sure if it has been answered by other people here but in my opinion the method you say is unlikely to work smoothly and is not as easy as we think to manage these risks.

I will talk about online gambling (not land based gambling) setting betting limits will not quit those who want to bet large amounts and there are always ways such as using their friends or family accounts and setting betting limits will not be able to quit this. and then offering support, I admit it is very helpful for those who have problems with addiction but it does not rule out the possibility of stopping gamblers from betting recklessly because controlling emotions is always the end of all this.
and the self exclusion program may sound a little effective, but all of this requires a great deal of awareness for each gambler because if it is done forcefully, I think self exclusion will only be in vain.

with everything I said it does not mean I am skeptical in that way but for me its too complicated. I mean gambling responsibly and not spending a lot of money on gambling, its actually very easy, just understand self control and know how gambling is structured.

The economy is not allowing people to think straight anymore so talking of gambling as responsible is not really some people think all people care about now is how to get morning for their sustenance. they forget that part-taking is another great part of destruction if they are consumed by gambling addiction. and even in most of their adverts they always encourage people to gamble responsibly but everyone has a life to live they don't care what they say in their adverts. Gambling has made a lot of people broke and at the same time has given a lot of people wealth at the same time. just that the negative aspect is more than the positive aspect. even people who are affected know that they are affected.

In a time of having a time limit to gambling, I don't think the company will put such a policy in place considering that there is 18 plus policy so they believe the person should make the best decision for themselves self so it will be difficult and they are also making good money from it and even people that place bet also make there money from it. in addition to what you said if it gets to addiction is better to get help.

I feel like this has become just an old concept that are thrown out there to silence the critics and the haters and the licensing authorities. Do we really think an industry that are profit driven ..... care about people gambling responsibly? They lose money, when people practice responsible gambling.. and they should actively be engaged to prevent gambling addiction.

There should be AI used to detect signs of gambling addiction in an early stage and they should engage with those gamblers to prevent this from getting out of control, before it is too late. 

Part of other reasons that government could want to place restrictions on gambling is also for the purpose of licensing and tax collection on the casinos. The government like to have data base of what is under them for easy accessibility for them during their periodic verification and accountability. So the age of those gambling isn't just all about the restrictions, it is a total package of who gets what and who does what.

Is this enough to stop addiction? I'm wondering why many are still broke and falling into this trap in gambling.
We know the bad result of too much exposure in gambling, I think its better if every company will have their own time limit when you gamble? Well this is still business and their priority is to get more gamblers involve as much as possible. If you know someone who are struggling and prone to addiction, help them to recover and encourage them to seek professional help because addiction is not a joke, it can ruin your life.

Yeah, that's the worry that we're having when it's not really going to what it should be going. But let them be, if they're doing their jobs correctly and honestly, there's nothing to worry about. And if they're not doing it and they're just putting it on their pockets, that's hard to think of what they're feeding their families out of that.

Even if we want to say this to some people, they just can't help themselves and they'll still get addicted no matter what we want to remind them. It's that they've got their choices to stop themselves and control the addiction that they have but it's kind of hard.