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.
Industry News
LiveScore Group Announces Internal Restructuring as Part of Sustainable Growth Strategy
LiveScore Group has announced an internal restructuring process, expected to impact more than 100 existing roles across multiple business locations, including London.
The changes are seen as a difficult yet important step for LiveScore Group, streamlining the business to create improved structures and a pathway to long-term sustainable growth. All impacted employees have been informed and are now subject to a confidential consultation process.
Sam Sadi, CEO of LiveScore Group, said: “On behalf of all Directors of LiveScore Group, and the relevant subsidiary companies, we are saddened by the difficult decision to commence an internal restructure of the business, a process which impacts a significant number of our people.
“Whilst we celebrate our recent period of significant and exciting growth, we must now future-proof the organisation and ensure our internal structures allow us to achieve long-term and sustainable success.
“This is a hard time for all our people, as we say goodbye to colleagues who have played an important role in our journey across recent years.”
The announcement follows on from the recent news that LiveScore Malta Limited (part of LiveScore Group) is to withdraw its LiveScore Bet brand from the Netherlands following recent government tax increases in the market. The announcement includes those impacted by this. There will be no other customer impact in respect of any of the remaining LiveScore, LiveScore Bet or Virgin Bet sites globally.
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Industry News
Pronet Gaming Appoints Alex Karaoulis as its New Commercial & Product Strategy Lead
Pronet Gaming, an award-winning platform provider of full turnkey solutions, announced the appointment of Alexandros Karaoulis as its new Commercial & Product Strategy Lead.
With over 14 years of experience in the iGaming industry, Karaoulis brings a wealth of knowledge and expertise that will be instrumental in driving the company’s strategic initiatives forward.
Throughout his iGaming career, Karaoulis has held various senior roles with B2B sportsbook and casino providers, as well as with B2C operators. His extensive background in marketing and sales within the iGaming sector positions him as a true industry expert, ensuring that Pronet Gaming remains at the forefront of innovation in a rapidly evolving market.
“I am thrilled to join Pronet Gaming and excited to fulfill my role in developing and executing sales strategies to drive the company’s revenue growth in key markets,” Karaoulis said.
With a track record in commercial strategies and driving product excellence, Karaoulis’ appointment is invaluable as Pronet Gaming now seeks to expand its footprint to Asia. His vision and deep understanding of the iGaming landscape equip him to navigate the unique challenges and opportunities that the dynamic region presents.
“I want Pronet Gaming to lead the iGaming revolution by providing innovative, culturally tailored solutions that cater to the diverse and rapidly growing demands of the region. Through strategic partnerships, cutting-edge technology, and a deep understanding of local markets, we aim to empower operators to offer world-class gaming experiences that engage players and drive sustainable growth,” he added.
According to Karaoulis, Pronet Gaming is poised to make a splash in Asia by leveraging its advanced technology, flexible platform solutions and deep market expertise while adapting to the unique characteristics of the region.
“The key differentiation point of Pronet Gaming is that we have B2C experience, which greatly aids in understanding the needs of operators and helping them to improve and execute their strategy according to the market. I have worked in B2C roles for more than seven years in my iGaming Career and managed campaigns across various channels, optimised conversion funnels, and learned to use data to improve player acquisition and retention,” said Karaoulis.
Karaoulis acknowledges that the marketing skills he has acquired from B2C experience are valuable in every B2B environment. As he dives into his new role at Pronet Gaming, Karaoulis aims to guide his operator clients on how to better market their own sites, including providing them with advice on effective acquisition strategies, content marketing and campaign structures that appeal to iGaming audiences.
“I also focus heavily on engagement strategies, loyalty programs, bonuses, and personalised offers to keep players active and returning. In my new B2B role, I will advise clients on best practices for player engagement, helping them adopt effective loyalty programs, personalised marketing, and retention tactics that drive player lifetime value to improve the end-player experience for our clients’ sites,” Karaoulis added.
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Industry News
Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024
Vbet has been crowned the Best Online Casino Operator 2024 at the highly coveted SiGMA Europe event, cementing its position as a leader in the online gaming industry.
This achievement highlights Vbet’s commitment to providing an exceptional user experience by combining cutting-edge technology with a vast range of options and a secure process. The dedication to creating a responsible, enjoyable environment for players was recognised with this award, making this accolade even more significant. As Vbet continue to expand into new markets, the list of strategic partnerships grows alongside our constant drive to expand its offering. This award serves as a stepping stone on its path to reach more players and set new standards in the industry.
Arman Khachatryan, VBET’s Managing Director, said: “We are incredibly proud to receive the Best Online Casino Operator award at SiGMA Europe 2024. This recognition is a testament to the hard work, passion, and effort of our entire team. Our mission has always been to deliver the highest quality experience in the safest environment possible to our users. This award not only recognizes our dedication to this mission but also motivates us to continue expanding into new markets and territories.”
The post Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024 appeared first on European Gaming Industry News.
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