Striking a balance between personal responsibility, regulation, and the freedom of enjoy a bet, is a challenge the gambling industry and its regulators continue to face. One man’s entertainment can be another’s addiction.
Online casinos and sportsbooks must do everything they can to protect both their players and their business.
A year in lockdown has focused minds on both sides of the equation. This month (December 2020), the Department of Digital Culture Media and Sport (DCMS) is due to review the UK Gambling Laws.
Areas Under Review
Sources indicate that areas under review include: limits on stakes, prizes, spin speeds, affordability checks, legal redress for wronged punters, a testing regime for new products, and a mandatory levy to fund addiction treatment.
In 2018, the Committee of Advertising Practice (CAP) announced tougher standards on gambling advertising. The aim being to reduce harm to any vulnerable groups. The industry has been happy to embrace the safer gambling message; keen to endorse social responsibility and protect people from any gambling-related harm.
Balancing Risk and Reward
Gambling is always going to be both a political and moral hot potato. Like alcohol, smoking, and sky diving, it’s an activity where risk and reward have to be carefully balanced.
Ronald Reagan famously said: “Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves.”
Gambling is a form of entertainment, enjoyed by millions – mostly without consequence. There are risks associated and some people struggle to control their play. However, the industry is doing everything it can to minimise any negative effects.
Casino.com has instigated a broad swathe of measures to create a safe and enjoyable online casino environment. The online casino is committed to ensuring that online gambling should be a fun, exciting, and safe form of entertainment.
To this effect, Casino.com has introduced its 10 Rules of Responsible Gambling; a mandate for both the online casino and its players. In a nutshell:
- If you choose to gamble, only ever do it for fun
- Treat your losses as the cost of gambling. Treat your winnings as a bonus
- Keep to a time limit
- Stick to a budget
- Don’t put gambling before your friends or family
- Be self-aware and never ignore any signs of problem gambling
- Never borrow to play
- Keep your gambling in balance with your other activities
- Don’t chase – walk away
- Keep. It. Fun!
The good news is: Casino.com has various tools to help players keep their betting under control. One of the best ways to enjoy some action at the online casino, without getting into any financial trouble, is to set an account limit. By regulating your weekly or monthly deposit limit, you can keep track of your spending. Love playing Online Blackjack? Then just risk £20 a week, or whatever you can afford to lose.
We Value Your Time
The amount of time you spend at the casino can also be regulated. Sometimes, it can be easy to lose track of time when you are deep into a session. The Casino.com reality check will limit your stay at the tables and kick you off when your time is up.
If players really are struggling, they can also request to be excluded. This way, you won’t be able to access Casino.com at all; for either a specified time period or permanently. We’re sorry to lose you but player safety must come first.
Casino.com has a suite of features and resources to prevent and block any problem gambling. There are also several external agencies, including GAMSTOP, Gamcare, and Gamblers Anonymous, that can help online casino players that may have a problem.
A game of Blackjack, a turn of the Roulette wheel, or a spin on the online slots. Online casinos must be safe places where people can enjoy a little entertainment and action without consequence. Casino.com will continue to strive to create a safe, enjoyable, environment for everyone who takes a turn at the tables.
Enjoy and Be Safe!