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.
Debra Martin Chase
Gaming and Leisure Properties Appoints Debra Martin Chase to Board of Directors
Gaming and Leisure Properties Inc. announced that Debra Martin Chase has been appointed to the Board of Directors as a new independent director, effective immediately, to fill the vacancy created by the previously disclosed passing of JoAnne A. Epps.
The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange. Ms. Chase has also been appointed as a member of the Nominating and Corporate Governance Committee of the Board of Directors, effective immediately. Ms. Chase will hold her directorship until the Company’s next annual meeting of shareholders or until her successor is duly elected and qualified or until her earlier death, disqualification, resignation, or removal.
Ms. Chase is the founder and Chief Executive Officer of an entertainment production company doing business as Martin Chase Productions. She is a two-time Tony Award winning, a Peabody Award winning, and three-time Emmy nominated television, motion picture, and Broadway producer. Ms. Chase is an entertainment industry trailblazer, being the first female African American producer to have a deal with a major motion picture studio. Her films have grossed over $500 million at the box office. She brings to the Company over 30 years of experience in motion picture and television production as well as a corporate legal background.
Peter Carlino, Chairman and Chief Executive Officer of GLPI, said: “I am delighted to welcome Debra to our Board as we believe her extensive entertainment industry experience, impressive legal background and broad board experience across public companies and the arts will serve GLPI well as we continue to drive growth in shareholder value. She brings a wealth of knowledge to GLPI, which we believe is a perfect complement to the existing strengths of the Board. I am confident that she will help expand the diverse set of viewpoints that ultimately shape our mission.”
Bragg
Bragg to Attend the SBC Summit North America, 8-9 May, 2024
Bragg is going to attend the SBC Summit North America taking place at the Meadowlands exposition center, New Jersey in May.
“See you in the Garden State to discuss how Bragg’s full-service suite of market leading iGaming content and technology solutions can be tailored to suit the demands of the U.S. market. Connect with members of the team to learn ways Bragg can accelerate your business with our technology, content and managed services solutions. Discover more about our award-winning Player Account Management (PAM), which is leading the way across the European market and in multiple regulated markets. Learn how our cutting-edge content aggregation RGS which already integrates a host of casino, sportsbook and lottery operators and is supported by our leading gamification product Fuze,” the Company said.
Participate in an insightful discussion
Join Bragg Group Director of Content Doug Fallon and fellow panelists at SBC Summit North America to discuss how game design can be leveraged to deliver profitable products in the iGaming industry.
Don’t miss this great panel discussion “Game Design 101: Launching a Profitable Product” taking place on iGaming Stage 3 at 16:00 on Wednesday, May 8.
DraftKings
Lori Kalani to Join Draftkings as First Chief Responsible Gaming Officer
DraftKings announced the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting to DraftKings’ chief executive officer, Jason Robins. Kalani becomes DraftKings’ first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company’s player safety and protection activities and initiatives across all facets of its platforms and player communities.
“Responsible gaming is one of our top priorities and it is a core part of our mission to build games that our customers can enjoy responsibly. In this leadership role, Lori will further advance our responsible gaming initiatives and uphold our commitment to setting new industry standards,” Jason Robins, CEO and Co-Founder of DraftKings, said.
Leveraging a systems-based approach, DraftKings’ responsible gaming initiatives utilize, among other things, technology, employee training, evidence-based research, collaboration with third parties and advocacy groups, and comprehensive player education to promote responsible play across all platforms and all player communities, and to provide players with tools to help them manage their play responsibly.
“I have long admired DraftKings’ impact as an entertainment and engagement platform that brings a community of gaming enthusiasts together. Joining DraftKings represents an exciting opportunity for me to bolster the efforts of the company and look for opportunities to reinforce our responsible gaming initiatives. I am eager to partner with colleagues, regulators, industry leaders, and community advocates to further demonstrate DraftKings’ commitment to responsible gaming and promote a healthy gaming environment for all customers,” said Lori Kalani.
Kalani’s extensive experience in consumer protection law and proven accomplishments in developing working relationships with regulators, attorneys general and other key stakeholders will enable her to effectively work alongside DraftKings’ Compliance team to further cultivate DraftKings’ dedication to best-in-class consumer safety and protection practices.
Kalani previously was a partner at the Cozen O’Connor law firm and Co-Chaired the State Attorneys General practice. Her extensive background spans diverse industries including gaming, social media, telecommunications, hospitality and healthcare. Kalani’s nuanced understanding of regulatory environments and her expertise in representing clients in industry-shaping challenges that intersected law, politics, and policy make her the ideal leader to advance DraftKings’ responsible gaming initiatives.
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