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Industry
April 16, 2024
AHLA Publishes State-by-State Predictions about the US Hotel Industry
The American Hotel & Lodging Association (AHLA) has published its projection for the hospitality industry’s performance in 2024. The organization expects hotels across the country to generate record-breaking levels of federal, state and local tax revenue while paying employees historic totals of wages, salaries and compensations. The Association expects hotels to generate a whopping $83.4 […]
Industry
April 16, 2024
Pennsylvania Reports Surge in Online Gambling Participation
A newly released report uncovered insights regarding the impact of online and offline gambling activities on Pennsylvania residents. The report was funded by the gambling regulator in the state, the Pennsylvania Gaming Control Board (PGCB), and developed by Penn State’s Criminal Justice Research Center in collaboration with the Pennsylvania Department of Drug and Alcohol Programs […]
Industry
April 12, 2024
UKGC Enhances Understanding of Gambling-Related Harm with New Survey Questions
Laura Balla, head of research at the UK Gambling Commission (UKGC), recently discussed the organization’s efforts to improve understanding of gambling-related harm and vulnerability by developing new questions as part of the Gambling Survey for Great Britain (GSGB). The improvements will build on the success of the previous study, delivering improved data. Updated Questions Reflect […]
Industry
April 9, 2024
Analysts Predict a Dynamic Few Months for the US Gambling Sector
Bank of America Global Research released an investor note on Monday, providing insights into the upcoming first-quarter earnings reports of major players in the gaming industry. Analyst Shaun Kelley highlighted key points, focusing on sports betting giants like DraftKings and ESPN Bet, as well as regional casinos. These insights provide a concise outlook into the […]
Industry
March 21, 2024
Problem Gamblers Are Twice as Likely to Lose Their Tenancy, Study Says
Aston University’s Centre for Personal Financial Wellbeing has concluded a two-year study of the effect of problem gambling on tenancy security. The work highlights the potential dangers of problem gambling and how it exposes people to the risk of losing their homes. This first-of-its-kind study was done in collaboration with the Birmingham City Council (BCC) […]
Industry
March 18, 2024
Research into Social Media Gambling Ads Calls for Regulatory Changes
Advertising is an inseparable part of selling any product or service. With the popularity of social media, advertising has never been easier. But while social media allows companies to advertise their products to many consumers at once, some ads may impact vulnerable groups such as children and this is precisely the topic of a new […]
Industry
March 4, 2024
Study Says Psychedelics May Help People with Gambling Problems
Gambling harm continues to plague the gaming industry, posing a threat to players and presenting sustainability challenges to operators. As a result, researchers continue to study the nature of problem gambling and devise solutions to mitigate the issue. A new paper, published in the Journal for Behavioural Addictions and authored by Pedro Romero, suggests a […]
Industry
February 29, 2024
UK Gambling Study: 48% Gamble within Four Weeks
The gambling regulator in the UK, the Gambling Commission, released its first wave of results from the Gambling Survey for Great Britain (GSGB). The initiative follows years of development and seeks to collect better data about gambling participation in the country. Ultimately, such vital data is expected to play an important role in improving UK […]
Industry
February 19, 2024
UK Study Shows How Banks Can Help Combat Gambling Harm
A recent report from Queen Mary University of London sheds light on the pivotal role financial institutions can play in preventing significant financial harm arising from problem gambling. As more individuals seek help for gambling-related issues, the study emphasizes the unique position banks hold in identifying and mitigating gambling-related harms. Financial Institutions Can Be the […]
Industry
February 16, 2024
Connecticut Study Reveals Emerging Gambling Market Trends
Connecticut recently released a comprehensive study revealing intriguing insights into the state’s gambling landscape. The research, conducted by Gemini Research and led by University of Massachusetts professor Rachel Volberg, indicates that only 10% of Connecticut residents engage in sports wagering or online games. However, betting trends revealed that the state faces familiar gambling addiction issues. […]