Industry News
Ireland’s Psychiatrists Urge Government to Ban Betting Ads
After releasing its Gambling Disorder Position Paper last week, the College of Psychiatrists of Ireland called problem gambling a “public health crisis” and urged the government to ban betting advertising.
The report created by the College’s Faculty of Addiction Psychiatry points to the national lockdown as a contributing factor in the growth of problem gambling. The professional body of psychiatrists indicated that loneliness times and the modern home working community pressured individuals to fill their time by turning to online betting platforms.
The paper selected five primary channels to counter the “hidden epidemic,” which include public education, new laws, advertising controls, recovery programmes and problem gambling studies.
Professor Colin O’Gara, the paper’s lead author and a specialist psychiatrist for addictions, compared problem gambling to drug addiction: “We cannot continue to ignore the links between problem gambling and the current high volume of betting ads – be that in traditional TV ads or on team jerseys and side-line banners.
“Much like tobacco, in 10 years I think we will look back on the proliferation of gambling advertising in sport and entertainment and ask ourselves how we let it get so out of control. Currently, gambling advertising in Ireland is much too common and, critically, occurs before the adult television watershed.”
President of the College of Psychiatrists of Ireland Dr William Flannery said: “Even in the absence of live sports, people are finding it difficult to avoid triggers, with increased visibility of online gambling ads and the rollout of new betting platforms.
“We need to support people with tighter controls and responsible gambling measures inbuilt in the industry.”
The paper read: “All gambling advertising-related activity should be closely monitored by an independent regulator. The independent regulator should be aware of the influence social media advertising can have on children and adolescents” and “the independent regulator should also be aware of the use of micro-transactions and loot boxes in online gaming, described as ‘virtual games of chance’.”
Powered by WPeMatico
Industry News
CT Interactive Named Finalist for “Most Innovative Supplier” at European iGaming Awards
CT Interactive, a global provider of online gaming content, was selected as a finalist in the prestigious “Most Innovative Supplier” category at the European iGaming Awards. This recognition highlights CT Interactive’s commitment to creating immersive contribution for the iGaming industry.
The European iGaming Awards celebrate excellence and innovation within the gaming sector, recognising companies that drive industry evolution. The award ceremony will be held in Barcelona on 21 January 2025. CT Interactive’s nomination reflects its focus on delivering cutting-edge technology, a diverse game portfolio and tailored solutions that enhance player engagement and operator success.
“We are honored to be recognized as a finalist in such a competitive and esteemed category. Innovation has always been at the core of our mission, and this nomination reaffirms our efforts. It is a testament to our talented team’s hard work and our partners’ trust,” Martin Ivanov, COO at CT Interactive, said.
The post CT Interactive Named Finalist for “Most Innovative Supplier” at European iGaming Awards appeared first on European Gaming Industry News.
Private equity investor Blackstone plans to list shares of Spanish gambling company Cirsa in the first half of 2025 in an initial public offering.
Blackstone would raise between 700 million euros and 1 billion euros,floating between 20% and 25% of Cirsa.
The investment fund has hired Barclays, Deutsche Bank and Morgan Stanley as global coordinators, according to reports.
Cirsa, Blackstone, Barclays, Deutsche Bank and Morgan Stanley did not immediately respond to requests for comment.
Blackstone acquired Cirsa, which operates casinos and betting shops across Spain and Latin America, in 2018 for an undisclosed sum.
In 2021, a Spanish newspaper reported Blackstone was considering a Cirsa IPO in a deal that would value the company at around $3.4 billion.
The post Blackstone to List Spain’s Cirsa Shares in Madrid Early 2025 appeared first on European Gaming Industry News.
Betsson Group’s Customer Service team has been shortlisted for the “Best Customer Experience” at this year’s prestigious CX Exchange Awards 2024.
Melissa Zalbeigi, Director of Customer Service Operations at Betsson Group, said: “We are honoured and excited to be nominated for this award. It’s a privilege to be recognised alongside industry leaders and to compete against such esteemed companies. This nomination is a testament to our team’s dedication to providing exceptional customer service.”
The post Betsson’s Customer Service Team Nominated for Award at the CX Exchange Awards 2024 appeared first on European Gaming Industry News.
-
Australia6 days agoVictoria’s Gambling Industry Held to Account
-
Balkans6 days ago
Amusnet’s Server Donation to Bulgaria’s Leading Technical Universities
-
Canada6 days ago
The Grand Traverse Band of Ottawa and Chippewa Indians Plans to Open a Gaming Facility in Benzonia
-
Balkans6 days ago
EGT secures four prestigious accolades at BEGE Awards 2024
-
Africa5 days ago
888bets Goes Live in Malawi
-
Asia6 days ago
India Investigates Google Over Policies for Real-money Games
-
Balkans6 days ago
EGT Digital won the “Online Provider of the Year” prize from BEGE Awards 2024
-
Balkans6 days ago
CT Gaming Wins Slot Game Product of the Year at BEGE Awards 2024
