Search Inside Bitcoins

Golf Event Raises Significant Funds for Problem Gambling Research

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

During a recent golf tournament in Las Vegas, participants displayed their golfing skills while contributing to an important cause—raising over $150,000 for problem gambling research. The event, the 25th annual Golf Classic, was sponsored by the American Gaming Association and the Association of Gaming Equipment Manufacturers. The funds raised were directed to the International Center for Responsible Gaming (ICRG).

The President of the ICRG Highlights a Gap in US Support for Responsible Gaming Research

Dave Kubajak, the senior vice president of sales at JCM Global, humorously noted that no one needs a mulligan at this tournament. However, he emphasized that responsible gaming is a critical concern for everyone in the gaming industry. Arthur Paikowsky, the ICRG President, mentioned that finalizing the totals from the May 8 event would take some time. However, he anticipated the amount raised to be between $150,000 and $200,000. This is a significant increase compared to the early years of the event when they were fortunate to raise $10,000 annually, according to CDC Gaming reports.

The ICRG is the leading organization funding scientific research on problem gambling, collaborating with about 2,000 experts worldwide. Despite this, Paikowsky pointed out in his speech that there is still no US government-funded entity dedicated solely to these issues. While some US states allocate a portion of their gambling tax revenues to responsible gaming messages, none of these funds go directly to the ICRG.

The Golf Classic, held at MGM Resorts’ Shadow Creek Golf Course, attracted 116 golfers, including representatives from sports betting and traditional casino sectors among its 28 sponsors. The event also featured a charity raffle and a silent auction, offering sports memorabilia and Las Vegas experiences.

Responsible Online Gaming

Online gaming has grown exponentially in popularity, offering a wide array of entertainment options across the globe. However, the rapid expansion of this digital pastime has brought with it a host of issues concerning responsible gaming and the need for effective regulations. It’s essential for game developers and platform providers to implement strategies that promote responsible gaming behaviors, such as setting limits on playtime, providing clear information about the odds of games, and tools for self-exclusion. Additionally, regulators play a crucial role in safeguarding players by ensuring that games are fair, non-exploitative, and that measures are in place to prevent underage gaming. This proactive approach helps create a balanced environment where gaming can be enjoyed safely and responsibly.

There have been several significant studies that investigate the psychological impacts of online gaming and the effectiveness of various regulatory approaches. For example, a study published in the Journal of Behavioral Addictions explores the relationship between online gaming and potential addiction, providing empirical data on the factors that increase risk, such as immersive graphics and reward systems. Additionally, research by King and Delfabbro presents a comprehensive review of the psychological motivations behind online gaming and discusses interventions like setting spending and session limits, which have been tested and recommended in settings across Europe and Australia, as mentioned in their work published in International Journal of Mental Health and Addiction.

ICRG’s Ongoing Research Projects Tackle Key Issues

Funds raised from events like the Golf Classic are placed into the ICRG’s unrestricted research fund, which supports studies approved by the group’s independent Scientific Advisory Board (SAB) and peer-review panels. These studies typically span 2-3 years, though sometimes donors directly fund individual projects. Currently, there are a record 30 research projects underway, with four focusing on gambling among young adults, a major concern.

One of the ongoing studies examines whether advertising increases problem gambling among sports bettors. The results of this study are expected to be published in the Journal of the American Medical Association later this year. Another study is assessing the effectiveness of current messages that encourage people to call a hotline if they have a gambling problem. The aim is to refine these messages to make them less judgmental and more engaging.

Founded in 1996, the ICRG was established to address the lack of scientific knowledge regarding pathological betting disorder (PBD). Research indicates that about 2% of individuals meet the criteria for a PBD diagnosis, while another 3-5% may exhibit some form of problem gambling behavior.

coinpoker

Responsible Gaming with CoinPoker: A Crypto-Centric Poker Platform

CoinPoker is transforming the online poker landscape with its innovative use of blockchain technology, creating a secure and transparent gaming platform. Unlike traditional online casinos, CoinPoker eliminates the need for Know Your Customer (KYC) procedures, allowing more players to join seamlessly. The platform operates with its proprietary cryptocurrency, CHP (CoinPoker’s Chips), which ensures fast and hassle-free transactions. Additionally, players benefit from reduced rake fees and enticing rakeback offers.

Players at CoinPoker enjoy complete anonymity, with their identities concealed even during payments. Since its inception, CoinPoker has focused primarily on poker games. Although the platform later introduced sports betting, the range of markets covered is limited. Additionally, it does not offer slot games or other popular casino genres such as blackjack, baccarat, and roulette. If you prefer slots and table games, consider other top casinos like Lucky Block, TG.Casino, and Mega Dice. However, if you are looking to win substantial returns with poker games, CoinPoker’s lineup of tournaments is worth checking out.

Games and Tournaments

Tournaments at CoinPoker not only provide opportunities to win real money but also allow players to test their skills against other online poker enthusiasts. Despite its limited gaming offerings, CoinPoker remains a great site for those passionate about poker. However, it struggles to compete with platforms like Lucky Block, Mega Dice, and TG.Casino, which offer a wider range of gambling options. CoinPoker employs a blockchain-powered RNG to ensure fair and transparent gameplay and has an anti-fraud system to prevent manipulation using third-party software or automated play.

Sports betting enthusiasts might find CoinPoker appealing due to its competitive odds. The platform has a mobile app compatible with both Android and iOS, making it easy to access its gambling offerings on the go. CoinPoker empowers gamblers to elevate their gaming experiences with high betting limits while emphasizing responsible gambling. The site features a self-exclusion option for users struggling with gambling addiction. Additionally, CoinPoker has a responsible gaming officer who ensures the implementation of measures to combat excessive gambling. CoinPoker is licensed in Curacao, providing a safe and legitimate gaming experience.

CoinPoker’s game library is heavily focused on poker, catering to a specific group of online gambling enthusiasts. The poker options are divided into games and tournaments. CoinPoker offers a selection of popular poker games, providing quality and unforgettable experiences despite a limited number of options compared to other platforms. Some of the available poker games include Texas Hold’Em Poker, Omaha Hold’em Poker, Bad Beat Jackpot, Short Deck Poker, 5-Card Omaha Poker, No-Limit Hold’em, and Pot-Limit Omaha.

Explore CoinPoker here.

Related News

Read next