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What is the GamStop?
Gamstop is a free and secret service which plays a vital role in player protection strategy. This commission aims to ensure a safe environment for online gamblers.
In the traditional casinos, the same principle applies but in a different manner. As the casinos within a certain city or state have a private network. This network links them together to share important data. This network collects data about the addictive players from each casino. So, when the addictive player tries to enter any casino. The cameras will identify them with the AI technology. Then the security blocks him. In addition, the traditional casinos apply the concept of social responsibility. So, they invest in independent and non-profit bodies that help problem gamblers.
While on the internet, the situation is different as there is a “full freedom” for users. Do not fall in love with slogans calling for absolute freedom for all. This concept can destroy the lives of people with addictive tendencies!
For that, the organization of National Self-Exclusion launched GamStop scheme in 1999. That is to say, this service comes before all most of the online casinos available now.
Players are not forced to join GamStop scheme. Because, as we all know, all that banned is desired! The player join the program with his own will. When he feels that things become out of control and getting worse. While the casino will alert the problem gamblers for their behaviour. Then, tell them to join the scheme. After the player registers in the programme. He won’t be able to play at UK online casinos for a period of his choosing.
How GamStop service works?
People with problematic gambling behaviour can ban themselves from online casinos. bookmakers. pokers portals. For a period ranging from six months up to five years.
According to its own statement. the system records thousands of new registrations every month. As a result, up to 7,000 people were voluntarily out from online gambling there every month.
Since March 2020, the majority of the UK providers joined Gamstop. Not least because of this, the company’s own database now includes more than 150,000 entries. With the start of the corona-related lockdown. the system recently recorded a slight decrease in new registrations.
From its start. the organization knew that there proximity between casino games and sports betting. So, it included sports betting sites in its service as well as poker networks, and lotto portals.
Gamblers are often at risk of not being able to resist the gambling temptations. But, Gamstop can support them in this.
This does not mean that it eliminates all kinds of online gambling addiction. But it minimizes the risk of developing problematic gambling behaviour. And ensure better player protection.
The association wants to ensure that the gamblers know that they can decide to be out of a casino if they want. For that, it requires casinos to put its logo on the homepage to raise the consciousness of players. Also, tell players about it through customer service, emails, and other communication means.
Disadvantages of GamStop
According to justuk.club site, there are a lot of drawbacks to GamStop.
This service is not established on accurate knowledge of gambling addiction. Although this problem is common among people from different social classes. There are a few studies about it!
There are many reasons for this. Including, for example, that the gambling addict does not admit that he is an addict at all. So, he considers that this is his money and has absolute freedom to use it as he wants even if he is bankrupt. Thus, he does not admit that there is a problem, so how is a study applied to him?!
Besides, Psychology has no fixed and specific principles like experimental sciences. And the most of its subjects has few studies.
This service includes some casinos and does not include all the casinos. In other words, the role of the organization’s will not be effective. As the addictive player can sign up to any casino out of GamStop. If the service seeks to be a firewall, it is has many holes.
Also, like the UK Gambling Commission. This organization should have a concern with all gambling forms. Starting from traditional casinos, then betting shops, online casinos, and betting sites. In this manner, it can be a huge network that includes all gambling activities available to users. Because if the problem gambler was out from an online casino he will go to a traditional casino or an online shop.
Why do people addict gamble?
As we mentioned before, unfortunately, there are little studies about this subject. Some of them are even contradictory! Even so, we can discover some of the main feature of a person addicted to gambling, which is as follows:
They escape from personal problems through gambling
Considering that addiction is due to hormonal and genetic causes. Some people try to escape from their personal problems by playing casino games. These games give them a sense of masterful control which they lack in real life! In other words, it works for them as compensation.
For example, the reclusive person has a strong imagination full of heroic visualizations. The same applies to a gambler who lacks the strength to solve his own problems. Thus, he resorts to casinos that give him a feeling of superiority and control.
But, the feeling of helplessness deepens when he suffers losses. So, he plays for more time to compensate for his losses and regain control again. But the losses accumulate again! Thus, he faces more problems. In this equation, the biggest loser is the wife and children. As they feel that their lives are not safe at all and they have nothing to do!
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Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights
Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.
PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.
Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”
Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”
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Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years
As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.
This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.
The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.
Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.
The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.
Event Details:
- What: Premiere of “Memories of CS:GO – The Early Years”
- When: March 26th, 2024, at 21:00 CEST
- Where to watch: Red Bull Gaming’s Youtube Channel
- The “CS:GO Memories” documentary can be viewed shareit.redbull.com
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Ten Square Games ready for a new development opportunities in 2024
2023 ESPI package
The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)
2023 Consolidated Financial Statement
2023 Management Board Report on Activities
Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements
Link to the stream
Link to the chat with individual investors
Presentation
Factsheet
Financial data
Transcription of the conference and Q&A session
For complete press release visit tensquaregames.com
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