Industry News
How to Gamble Responsibly and Not Get Addicted?
Gambling may seem like an innocent way to have fun, which makes many punters unaware of its potential dangers. Sure, you can win some money, or at least have a good time while on vacation, but how to keep gambling in control and make it remain just harmless fun?
The number of problem gamblers is growing predominantly because people see gambling as a reliable source of income or a way out of financial debt. Still, players who think about how and why they gamble do so for decades and never become problem gamblers. Here are some tips that will help you stay on the right track.
Gambling is not a Job
Many players think that just because Doyle Brunson built a fortune on poker, they can do so as well. Before you start thinking of yourself as the next Texas Dolly, remember there is only one Brunson, but there are thousands of players who gambled away their money.
Gambling is not, and should never be considered the primary source of income or investment. All responsible gamblers keep in mind how slots, roulette, and poker are nothing more than a good way to have some fun. If they win – great, and if not – they hope they’ll be luckier next time.
Gamble What You Can Afford To Lose
Before you visit your favorite casino venue or online casino, make sure to have your budget done right. Cover all your living needs first, make sure to pay your tuition, bills, utility bills, or whatever expenses you may have, and only then turn to Lady Luck and gamble the night away. When you gamble, remain focused, and have a set budget that won’t affect your lifestyle or your financial plan. In most cases, if you feel uncomfortable about losing that much money – you should decrease the budget predetermined for gambling activities.
Don’t Chase Losses
What is the best way to spend money in a casino? Well, to chase your losses, of course! This bad habit is more common among men than women. It seems that men simply can’t find peace with the fact they have lost, so they spend more and more money trying to catch up.
If you are on a losing streak, maybe it’s about time to leave or shut down your computer. Don’t feel compelled to compensate for your bad moves in a single day. Rather go home, and do something else, only to come back tomorrow or after two days. After all, the morning is wiser than the evening.
Limit the Playtime
This tip is important for everyone, no matter what game you enjoy. But, the game of poker in a casino will usually last for at least a few hours, and time flies when you spin the reels on your favorite slot. Also, in poker, for example, you get chips and have to wait for your turn, while when you are playing slots, you are the one who determines the dynamic and gets lost in an exciting adventure, fun characters, and flashy graphics surrounded by catchy tunes.
According to experts from casinohex.jp, most reputable online casinos will offer you a special feature where you can determine how much time you want to spend playing. Once the time is out, you will be blocked from accessing any games, and you can adjust the time only the next day. If you are in a traditional venue and want to spin some slots, you will soon figure out how there are no clocks to help you track time. Still, you can easily set a timer on your mobile phone or just wear a wristwatch to know how long you have been playing.
Keep a Gambling Diary
For many, this advice might seem funny as diaries are something we usually relate to angsty teens. Keep in mind you can use an Excel sheet, a notebook, or simply track everything in a memo app on your phone.
Write down how much you deposited, how many hands or sins you played, how much money you spend, and how much you have won. This will help you see a broader picture and detect concerning habits like overspending and chasing the losses. You can also write down how you felt that day, and what major events happened, to help you figure out whether certain emotional states affect your gambling moves.
Avoid High-Risk Situations
If you are aware that you don’t have as much self-control as you would like, make sure to avoid situations that cause you to act irresponsibly. Maybe you risk out of boredom, or because you had one drink too many, got a raise or a bonus, or because your friend is teasing you that you are a sheep at the poker table. Avoid such situations and keep cool at all costs, as only so can you avoid developing a gambling addiction.
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Industry News
Mohegan Appoints Joseph J. Hasson as Interim COO
Mohegan Tribal Gaming Authority, known globally for its renowned integrated entertainment resorts, has appointed Joseph J. Hasson as interim Chief Operating Officer. Jody Madigan, the current COO, has resigned effective August 1, 2024, and will be taking a leave of absence pending his departure.
Joseph J. Hasson will serve as interim COO and retain his current role as General Manager of Mohegan Casino at Virgin Hotels Las Vegas, subject to necessary regulatory filings or approvals. Mr. Hasson was an obvious choice for the Management Board, given his prior experience as the former Chief Operating Officer of Station Casinos LLC and Red Rock Resorts Inc. Joe brings considerable expertise to the executive team with a consistent track record of operating excellence and success over more than 40 years’ experience in the gaming and hospitality industry. Mr. Hasson will report to Ray Pineault, President and Chief Executive Officer of Mohegan.
“Joseph J. Hasson’s deep understanding of the gaming and hospitality industry makes him exceptionally qualified to maintain our high service and operational excellence standards. We are confident that Joe’s extensive experience and proven leadership will ensure continuity in our operations and guest experience,” Ray Pineault, President and CEO of Mohegan, said.
Industry News
Jennifer Shatley Joins ROGA as Executive Director
Jennifer Shatley, a recognized expert in the field and a highly sought speaker and advisor, has joined the Responsible Online Gaming Association (ROGA) as Executive Director.
Shatley has had 25+ years worth of experience, working closely with the treatment community, academics, researchers, government bodies, state councils, and gaming industry representatives to promote responsible gaming.
“Many of America’s largest legal mobile gaming operators will be establishing a framework that helps to aid in responsible gaming education and awareness. By coming together with a clear set of objectives, ROGA and our members will work to enhance consumer protections and help provide easier and more efficient access to responsible gaming tools for consumers to enjoy the entertainment of online gaming,” Shatley said.
Industry News
IDnow Bridges the AI-human Divide with New Expert-led Video Verification Solution
IDnow, a leading identity verification provider in Europe, has unveiled VideoIdent Flex, a new version of its expert-led video verification service that blends advanced AI technology with human interaction. The human-based video call solution, supported by AI, has been designed and built to boost customer conversion rates, reduce rising fraud attempts, increase inclusivity, and tackle an array of complex online verification scenarios, while offering a high-end service experience to end customers.
The company’s original expert-led product, VideoIdent, has been a cornerstone in identity verification for over a decade, serving the strictest requirements in highly regulated industries across Europe. VideoIdent Flex, re-engineered specifically for the UK market, represents a significant evolution, addressing the growing challenges of identity fraud, compliance related to Know-Your-Customer (KYC) and Anti-Money Laundering (AML) processes and ensuring fair access and inclusivity in today’s digital world outside of fully automated processes.
As remote identity verification becomes more crucial yet more challenging, VideoIdent Flex combines high-quality live video identity verification with hundreds of trained verification experts, thus ensuring that genuine customers gain equal access to digital services while effectively deterring fraudsters and money mules. Unlike fully automated solutions based on document liveness and biometric liveness features, this human-machine collaboration not only boosts onboarding rates and prevents fraud but also strengthens trust and confidence in both end users and organisations. VideoIdent Flex can also serve as a fallback service in case a fully automated solution fails.
Bertrand Bouteloup, Chief Commercial Officer at IDnow, said: “VideoIdent Flex marks a groundbreaking advancement in identity verification, merging AI-based technology with human intuition. In a landscape of evolving fraud tactics and steady UK bank branch closures, our solution draws on our decade’s worth of video verification experience and fraud insights, empowering UK businesses to maintain a competitive edge by offering a white glove service for VIP onboarding. With its unique combination of KYC-compliant identity verification, real-time fraud prevention solutions, and expert support, VideoIdent Flex is a powerful tool for the UK market.”
Whereas previously firms may have found video identification solutions to be excessive for their compliance requirement or out of reach due to costs, VideoIdent Flex opens up this option by customising checks as required by the respective regulatory bodies in financial services, mobility, telecommunications or gaming, to offer a streamlined solution fit for every industry and geography.
Bouteloup added: “Identity verification is incredibly nuanced; it’s as intricate as we are as human beings. This really compounds the importance of adopting a hybrid approach to identity – capitalising on the dual benefits of advanced technology when combined with human knowledge and awareness of social cues. With bank branches in the UK closing down, especially in the countryside, and interactions becoming more and more digital, our solution offers a means to maintain a human relationship between businesses and their end customers, no matter their age, disability or neurodiversity.
“VideoIdent Flex is designed from the ground up for organisations that cannot depend on a one-size-fits-all approach to ensuring their customers are who they say they are. In a world where fraud is consistently increasing, our video capability paired with our experts adds a powerful layer of security, especially for those businesses and customers that require a face-to-face interaction.”
The post IDnow Bridges the AI-human Divide with New Expert-led Video Verification Solution appeared first on European Gaming Industry News.
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