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Stronger Together: Taking an interfaith approach to safeguarding young people against gambling harms

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Stronger Together: Taking an interfaith approach to safeguarding young people against gambling harms
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During Interfaith Week 2024, Ygam highlights the importance of a multi-faith approach to preventing gambling harms as part of digital safeguarding efforts within marginalised and faith-based communities.

The Gambling Commission’s latest report shows that 27% of 11- to 17-year-olds gambled in the past year. In 2024, approximately 85,000 young people have been identified as experiencing harms related to gambling. The proportion of young people stating that they do not participate in gambling because it is against their religion has increased, from 10% in 2022 to 15% in 2024. Yet, the report also found that those from black, ethnic minority, and faith backgrounds are more likely to disagree that people have spoken to them about the problems gambling can lead to.

The harms associated with gambling do not affect everyone in the same way, however poor mental health can be both a cause and a consequence. Experience of racism, discrimination, or hate speech may increase a young person’s likelihood to experience poor mental health. This experience of discrimination can either act as a driver to escapist and risk seeking behaviours, or further exacerbate their situation making them even more vulnerable to gambling harms.

GambleAware’s ‘Minority Communities & Gambling Harms’ report found that the number of minority group individuals who perceive there to be negative judgement from wider society towards those who gamble (43%), is statistically significantly higher compared to White British Majority individuals (21% and 31% respectively). Individuals from Minority groups experience stigmatisation both from within their own communities and wider society.

In addition to a young person’s immature psychological development, young people from marginalised or faith communities may also be more vulnerable due to their perceived limitations in seeking help or speaking to someone about their concerns. Although some people experienced additional stigma because their culture or religion prohibited gambling, it is Anticipated stigma, i.e. the worry of being judged if found out, that serves as a significant barrier for young people to access the support they need from friends, family, or services.

Regardless of background, we all want what is best for our children and young people; to protect and safeguard them. Gambling harms are experienced differently by everyone, but one thing is certain: gambling harms do not discriminate. And community not only matters but is essential in supporting those most vulnerable.

People working or volunteering in faith-based organisations and places of worship are often trusted members at the heart of any community and are vital in keeping their young people safe. However, a recent National Youth Agency report found that the Faith sector has one of the lowest attendances for NSPCC safeguarding training from Designated Safeguarding Leads (DSLs).

By taking an interfaith approach to safeguarding our children and young people against gambling harms, we can not only share insights, strategies, and resources, but create cohesion and a more comprehensive and holistic support network. This collaboration can also help to break down barriers and build trust between different communities, fostering a sense of unity and togetherness. In turn, creating a more open and empathetic environment for those young people needing support.

Ygam’s Community and Faith Leaders Programme aims to raise awareness and address the issue of gambling harms that disproportionately affect people from marginalised communities. People with lived experience cite stigma and shame associated with coming forward with gambling disorder and this may be experienced differently depending on social, cultural, or religious norms and beliefs.

Ygam’s dedicated programme approaches the topic of gambling harms with a faith and cultural lens. It outlines how you can help by providing you with the knowledge and skills to deliver your own sessions to young people. Our tools will enable you to spot the signs of harm and provide signposting to safeguard your communities.

When it comes to safeguarding our children and young people against gambling harms, we are stronger together.

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Kambi Group plc repurchase of shares during 6 November – 12 November 2024

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Kambi Group plc (“Kambi”) has during the period 6 November to 12 November 2024 (the “Buyback Period”) repurchased a total of 54,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

From the beginning of the Programme, which started on 6 November, until and including 12 November 2024, Kambi has repurchased a total of 54,000 ordinary B shares at a volume-weighted average price of 111.87 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

Date Aggregated daily
volume (number of
ordinary B shares)
Weighted average
share price
per day (SEK)
Total daily
transaction
value (SEK)
6 November 2024 14,000 117.27 1,641,822
7 November 2024 10,000 115.17 1,151,709
8 November 2024 10,000 110.08 1,100,826
11 November 2024 10,000 107.82 1,078,240
12 November 2024 10,000 106.81 1,068,130

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 12 November 2024, Kambi’s holding of its own shares amounted to 1,428,678 and the total number of issued shares in Kambi is 31,278,297 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.

A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.

Information on the Programme is available on Kambi’s website, kambi.com/investors/share-information/

 

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Zillion Games launches Storm Fruits 2

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Zillion Games launches Storm Fruits 2, an exciting sequel to the popular Storm Fruits. With 4,096 ways to win and a Bonus Buy option, players can jump straight into the action for even more chances to win. This refreshed classic fruit theme combines timeless charm with modern thrills for a truly engaging experience.

Accumulated Bonus

During gameplay, bonus symbols accumulate, and when five symbols land, a special feature may trigger, adding the missing symbol to activate the Hold and Ring bonus mode.

Hold and Ring with Jackpots

In this bonus mode, players can win one of three jackpots: Mini, Minor, or Major. Fill all 20 grid positions to unlock the Grand Jackpot.

Free Spins with Random Walking Wilds 

Wild symbols can appear in varying amounts on each new spin, moving to random positions and potentially leading to big wins. In Free Spins mode, landing three scatter symbols will trigger additional free spins for even more chances to win!

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Growe Partners Named Best Affiliate Program. Once Again.

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Growe Partners, an affiliate program, which has skyrocketed its performance in the iGaming industry in just a year, has received yet another recognition as the Best Affiliate Program at the SiGMA Europe Awards 2024. 

The ceremony took place in Valletta, Malta on Nov, 12th, and the victory was achieved through a combination of public votes on the award page and evaluations by a distinguished jury panel.

In just a year Growe Partners has rightfully reserved a place amongst industry leaders, who have been in the game for a lot longer, and as they say themselves — they are not going anywhere. Today Growe Partners is a network with over 32 thousand partners, operating in more than 10 locations worldwide.

“This achievement reflects our commitment to investing in our people, our partners, our ideas, and continuously implementing new innovative approaches. We are proud of the strong team we have built, which is always on the lookout for ways to develop and better themselves. And whose dedication resulted in this victory.

With winning this award we would like to once again emphasize that everything is possible in our industry if you set the right goal and work hard for it.” , — commented Dima Mariievskyi, Head of Growe Partners.

 

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