Tag: NCPG

NCPG says US states failing to meet online wagering safety standards

Connecticut, New Jersey, and Virginia lead, but still fall short of passing grade.
The National Council on Problem Gambling (NCPG) — a group that takes great pains to state its neutrality on the subject of gambling itself — Thursday (19 September) issued a report on the state of online responsible gambling. Specifically, the report addresses how states are managing player protection standards in the realm of online sports betting.

And if the findings were graded like a high school class, the states would be looking at some summer school.

The analysis — US States’ Online Sports Betting Regulations: An Evaluation Against National Council on Problem Gambling Standards — compared how 30 states and the District of Columbia were doing on the matter of player protection standards the NCPG created in 2012 (and continuously update).

The benchmarks — known as the Internet Responsible Gambling Standards (IRGS) — “reflects best practices in responsible gambling, emphasizing safeguards for indiv..

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Study: Lower-income gamblers take more risks online

A study of more than 700,000 North American online gamblers released on Tuesday (23 July) reveals that 96% of respondents lose money and that lower-income gamblers are more “irresponsible” with their gambling spending than higher-income gamblers.
Researchers at UC-San Diego’s Rand School of Management took a comprehensive look into gambling habits and how legal online betting affects jurisdictions and individuals. States with legal online gambling get increased revenue and more money to funnel to problem gambling initiatives, per the study. And a legal market helps to limit illegal wagering.

But for consumers, gambling is a money-losing proposition with potentially life-changing consequences. And online casino, researchers wrote, caused more “irresponsible” behaviour than online sports betting.

“On the downside, increased accessibility and participation can lead to higher rates of problematic gambling behaviour,” the authors wrote.

Tracking online gambling spending habits
In part..

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