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New research shows students are borrowing money to gamble

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New research shows students are borrowing money to gamble
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More than one in three university students who gamble are borrowing money to do so, new research has revealed.

A survey of 2,000 students across the UK found that 80% of them have gambled and 41% of this group admit that gambling has had a negative impact on their university experience, including missing lectures, assignment deadlines and social activities.

More than one third (35%) are using money either from their student loan, overdraft, have borrowed from friends or are taking out payday loans to help fund their gambling. Nearly one in five (19%) admit to using their student loan to gamble.

The independent research, conducted by Censuswide, was jointly commissioned by GAMSTOP, the national online self-exclusion scheme, and The Young Gamers and Gamblers Education Trust (YGAM), a charity that educates and safeguards vulnerable people against gaming and gambling-related harms.

The mean gambling spend for students is £31.52 per week and almost one in five (18%) admit to spending more than £50 per week, although 45% say they spend no more than £10 a week. Nearly four in ten (38%) say they gamble at least once a week, with 63% gambling at least once a month.

More than one in four (28%) say they are gambling as often, or more often, than before the pandemic and 29% say they are spending as much or more than they did before the pandemic. The most popular gambling products during the pandemic have been the National Lottery (32%), online sports betting (25%) and online bingo (18%).

Almost half the students who gamble (46%) say that making money is a motivation – the most common reason given – and one in four (25%) say they enjoy the risk. More than half (52%) say that gambling makes them feel excited and one in three (33%) say it makes them happy, compared to one in five (21%) who describe feeling anxious.

Amongst students who gamble, more than one in three (36%) have invested in cryptocurrency in the last 12 months – compared to just 17% of students who do not gamble.

Students also revealed that their friends are the biggest influence on their gambling (34%) with nearly one in four (23%) most influenced by social media and 14% of students identifying gambling advertising as a key influence on their gambling.

The new research on student gambling is the first published since the pandemic and follows previous research commissioned by YGAM in 2019. The previous report produced by Red Brick Research found that 264,000 students in the UK were at some risk from gambling harm with around 88,000 already defined as problem gamblers.

Following the publication of the report, YGAM are joining forces with GAMSTOP and RecoverMe, an app that provides self-help tools to those suffering from a gambling problemto launch a campaign raising awareness of gambling harms amongst students and promoting support available to students who may be struggling. During the ‘Gambling Support University Tour’ the three organisations will visit university campuses throughout the UK to speak to students and university staff. YGAM will also be offering City & Guilds assured training to the university teams to better equip them to support their students. A ‘Gambling Support University Tour’ visit can be arranged by contacting [email protected]

Bray Ash, 29, is studying mental health nursing at King’s College London, having previously studied at Leeds University and has experienced gambling harms first-hand while in higher education. He told how easy it was to get caught up in gambling.

“When you go to university for the first time and you have student finance, money from your parents and other financial support you can be tempted to gamble recklessly. It took over my life – I wasn’t studying, I was just sitting in my halls gambling. At my second year of university, I ended up gambling away my student loan in the first 24 hours.

“It is important that students have access to organisations, such as YGAM, to educate them about gambling and provide support and that they are aware of essential tools such as self-exclusion if they are experiencing problems with their gambling. I know that it would have benefited me when I was at my lowest point”.

Daniel Bliss, Director of External Affairs at YGAM, said: “This research provides us with some valuable insights into the behaviours of students during the pandemic. We’re keen to build on this piece of work to better understand how our programmes can safeguard and support students. The findings reiterate the importance of educating our young people on the risks and harms associated with gambling. Education is a powerful tool to ensure students are equipped with the knowledge and understanding to help prevent harm.”

Fiona Palmer, CEO of GAMSTOP, said: “Gambling-related harm on our campuses is a subject that is rarely addressed, but for any students experiencing problems with their gambling, self-exclusion can give them valuable breathing space whilst they seek additional help. With online gambling increasingly prevalent during the pandemic, the research shows the importance of raising awareness of a free online self-exclusion service, which is accessible to all”.

Adil Nayeem, Co-founder of RecoverMe, said: “This research highlights how the student population can be a high-risk group for gambling-related harm. We created RecoverMe when one of our close friends at university struggled with a gambling addiction and did not know where to turn. RecoverMe gives students multiple strategies to manage acute urges and support those suffering from a gambling problem with a discreet, flexible and evidence-based programme”.

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GAMSTOP wins British Data Award for “Data for good initiative 2022”

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GAMSTOP wins British Data Award for “Data for good initiative 2022”
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GAMSTOP, the free national scheme for self-exclusion from online gambling, has won this years “Data for Good initiative” at the 2022 British Data Awards.

GAMSTOP successfully enables over 280,000 UK adults to protect themselves from gambling related harm and this award further validates the significant impact a data initiative like this has on potentially vulnerable people.

GAMSTOP is the UK’s free online gambling self-exclusion scheme. Users sign up by filling in personal details, and selecting a period of six months, twelve months, or five years. Once complete, they are self-excluded from all online gambling sites in the UK until they chose to remove it after their chosen exclusion time has elapsed.

Responding to last night’s win, Fiona Palmer, GAMSTOP CEO, said:

Winning this award alongside our technology partners, The Datashed underlines our capability to use data safely and effectively to help potentially vulnerable individuals. I couldn’t be more proud of this achievement and the team who have worked so hard to continuously improve the GAMSTOP scheme.

Thank you to the judges for seeing the value of the GAMSTOP system and congratulations to all other winners at last night awards.”

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World’s largest arcade platform offers retro gamers Epic deal – giving access to over 1300 Games

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World’s largest arcade platform offers retro gamers Epic deal - giving access to over 1300 Games
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The world’s largest library of retro games, Antstream Arcade, will be slashing the price of its annual premium subscription to just $19.99 as part of Epic’s Spring Mega Sale. Between Thursday 19th May to Thursday 16th June, this discount will be available on the Epic Games Store and across all other platforms, giving retro gamers around the world ad-free access to over 1300 games. 

This world leading library of games includes retro classics like Mortal Kombat, Pac-Man, Space Invaders, Monkey Island and Earthworm Jim – all of which can be streamed from the cloud without the need for additional downloads or for microtransactions. 

Players from around the world will also be able to compete in Antstreams global tournaments, moving up the global leaderboards and engaging in game exclusive  “Challenge Modes” – modes that put new spins on old classics. Like Pac-Man Hide and Seek, or Mortal Kombat On The Ropes challenges. Players will also be able to enjoy Antstream’s new “Giant Slayer” feature – where players can challenge the global Antstream community to beat their high score in a game of their choice – bringing the joy of the classic Arcade to the modern gaming audience.

Steve Cottam, CEO at Antstream Arcade, said: “Our goal as a company is to bring some of the greatest games ever created to a global community through the medium of cloud gaming. Unlike other cloud gaming platforms that might have only 100 games, Antstream currently offers players over 1200 titles – with a price tag that sits well below our competition. And with this latest deal alongside Epic’s Spring Mega Sale, we are excited to make retro gaming more accessible than ever”.

Outside of the premium subscription option gamers are still able to access their favourite retro games on their computer, mobile, tablet or other devices through the free, ad-supported tier. Antstream Arcade features fully licensed and fully playable retro games from publishers including Disney, Warner Brothers, Taito, Atari and Bandai-Namco, as well as a huge range of smaller indie developers and IP owners from the arcade era and beyond. 

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Week 20/2022 slot games releases

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Week 20/2022 slot games releases
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Here are this weeks latest slots releases!

GAMOMAT, one of the leading independent software developers for slot games, is releasing its delectable title, Divine Fire. Set on Mount Olympus, Divine Fire is a book game which welcomes players to the abode of the gods. A powerful soundtrack complements the gameplay which helps create a dynamic experience and one that heightens tension on the reels. The game has a 5×3 design with 10 paylines and symbols that include an anvil, a mighty hammer, Hephaestus himself and a menacing bull.

GAMOMAT releases delectable Divine Fire title

As curious creatures make their way from the sea and into the fjords, Yggdrasil and Peter & Sons invite players to journey to the summit of the falls alongside a mystical Shaman to catch these bountiful beasts for great rewards. Water Blox Gigablox™ is a mid-high volatility 6×6 Gigablox slot featuring 50 paylines, Wild Re-Spins and a Monster Free Spins bonus game that boasts a lucrative Monster Multiplier.

Yggdrasil and Peter & Sons invite players to fish up big wins in Water Blox Gigablox

 

Game developer Expanse Studios has added another title to its slots portfolio with its latest release – Odd One Out. A perfect blend of old-school gameplay with modern features, Odd One Out is a five-reel video slot that includes 243 ways to win along with Magnetic Wild and Free Spins. Within the title are two special features, the first one being called Magnetic Wild.

Odd One Out – Expanse Studios’ 243 Ways To Win

 

 

Golden Rock Studios is proud to announce the release of Bonus Only, available now via Caleta Gaming Platform. Bonus Only is a first of its kind slot game featuring nothing but bonuses. That’s right, a slot game in which every win takes you to a bonus round. Trigger up to three different bonus rounds and take a trip around some of the most iconic casino locations in the world. Perfect for entertainment hungry players and bonus hunters due to the frequent bonuses available, all this makes for an exciting slot game with anticipation levels reaching fever pitch with every spin.

Golden Rock Studios rolls out Bonus Only

BGaming, a dynamic iGaming provider converting gambling into gaming, presents its new slot Penny Pelican with 20 paylines, well-loved features, and up to 3525x bet exposure. Penny Pelican is a 5×3 slot with 20 paylines and 13 colorful marine symbols that bring players into the atmosphere of a harbor on a sea beach where the main character Penny Pelican lives.

BGaming Delights Summer Slots Lovers by Releasing Its New Title Penny Pelican

 

Play’n GO let loose Animal Madness, the latest release to join their diverse content portfolio. A farmer’s work is never done… From tending to your livestock to growing crops, it can be a little hectic keeping things in order. There’s always a job to be done at this madcap farm. Animal Madness does an amazing job of replicating the hectic nature of farm life. Light-hearted gameplay progresses the narrative for immersive player engagement.

Play’n GO let loose Animal Madness, the latest release to join their diverse content portfolio

 

No one likes to pay a visit to the doctor but those that are brave enough to follow the sinister medical man into the operating theatre may emerge with potentially big wins in the latest slot launch from Stakelogic. Freaky Friday Fixed Symbols is not for the faint-hearted and promises to test the constitution of players who dare to pick up the scalpel and join the not so good doctor in his quest to become rich. In the base game, there are 20 fixed paylines and all symbols pay left to right.

The doctor will see you now: Freaky Friday Fixed Symbols from Stakelogic

 

Red Tiger has launched an exciting new big cat slot game, and players who have been fans of the Carole Baskin story so far are going to love her in the slots universe with Big Cat Rescue Megaways. Carole Baskin’s Big Cat Rescue sanctuary has captured the imagination of millions of people worldwide. As a not-for-profit organisation providing a permanent home to abandoned and abused big cats, a portion of the proceeds from this latest slot offering from Red Tiger, will go towards supporting the sanctuary’s work – a cause that Red Tiger is proud to be backing.

Carole Baskin comes to the slot world with brand new Red Tiger launch of Big Cat Rescue Megaways™

 

Pragmatic Play, a leading content provider to the iGaming industry, welcomes players to a rustic American town where bandits lurk around every corner in its latest crime-thriller, The Great Stick-Up™. Landing three, four or five scatters – which appear in the form of police sirens – will trigger the Free Spins bonus round, awarding payouts worth 2x, 10x and 100x the bet, along with seven free spins. 

PRAGMATIC PLAY FOILS THE PLOT IN THE GREAT STICK-UP™

 

Push Gaming has announced the network-wide release of Fat Banker, the latest in its player favourite Fat series of titles. The 1920s-themed game will be available to all partners across regulated markets and releases hot on the heels of recent hit titles like Nightfall and Fire Hopper. Players will be exploring a life of opulence in Fat Banker with gameplay set in front of the iconic Manhattan skyline. This 50 pay-line game is home to symbols depicting top hats and cigars, alongside the banker’s wife and dog, which must all form matching combinations to award a win.

Push Gaming adds to hit series with Fat Banker

 

Kalamba Games has launched Goblins & Gemstones: Hit ‘n’ Roll, an enhanced version of one of its most popular titles, with the new iteration including new mechanics and features. The slot delivers fans of the original game a higher max win and upgraded volatility along with numerous gameplay enhancements, the highlight being the addition of the new Hit ‘n’ Roll wheel mechanic.

Kalamba Games upgrades fan favourite title in Goblins & Gemstones: Hit ‘n’ Roll

 

Evoplay has announced the launch of its latest slot, The Greatest Catch, which follows the footsteps of an elderly fisherman named Harry as he scours the pond for big wins. The fishing veteran spends most of his time snoring away in his wooden boat, surrounded by water lilies and the croaking of frogs. Occasionally, Harry will hook himself an impressive catch, relying on the assistance of players to help reel it in.

Evoplay provides the bait for The Greatest Catch

 

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