Press Releases
UKGC’s Report Set to Measure Possible Gambling-Related Harm on Society
A ground-breaking approach to understanding the full range of harms gambling can have on society has been published today.
It was led by Dr Heather Wardle, on behalf of the Responsible Gambling Strategy Board (RGSB) – which provides independent advice to the Gambling Commission. The report is the result of close collaboration between the Gambling Commission, GambleAware as funding body, and RGSB. The report calls for views on how the social cost of gambling-related harms can be measured and better understood.
Mapping out for the first time methodology that could be used to quantify the impact gambling can have on relationships, finances and health, the report seeks to:
- Agree a definition of gambling-related harms that can be used by policy makers and public health officials.
- Explore how the social and economic impact of gambling-related harms can be better understood, measured and monitored.
- Set a framework for action that considers how the impact of harms can be felt by individuals, families and communities.
- Identify the most effective way to estimate the social cost of gambling-related harms.
Gambling Commission Chief Executive, Neil McArthur said: “While the majority of consumers can enjoy gambling without experiencing harm, we cannot forget the devastating effects it can have on some individuals, families and communities. This report shows significant progress in understanding those effects and measuring the impacts on wider society and the economy as a whole. We do not see this as a definitive position – it’s very much a work in progress. We encourage public health officials, academics, the industry and the public to feed back on the report and work with us to set a framework that can help prevent harm to consumers.”
Dr Heather Wardle, lead author of the report commented: “This report is a dramatic step forward in our understanding of gambling. It represents a sea change in thinking about gambling as it recognises that gambling isn’t something that affects just a few individuals but extends far beyond them to affect their families, communities and society“.
Marc Etches, Chief Executive at GambleAware commented: “Problem gambling is a public health issue that can have serious economic and social consequences not only for individual gamblers but also family, friends, communities and society. This is why this project, led by Dr Heather Wardle of RGSB and funded by GambleAware, is so important. We need urgently to improve our understanding of what gambling, and its wide-reaching knock-on effects, is costing us.“
Latest News
Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share
Neo Group Ltd. (formerly known as NeoGames S.A.), announced today that Aristocrat Leisure Limited, an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion for Neo.
“We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo. “We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees. We are very grateful to all our stakeholders who have supported us since our inception. I would also like to thank all our employees for their commitment in making Neo the great company it is today.”
The transaction was announced on May 15, 2023.
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Wazdan pounces for bigger wins in new sequel Mighty Wild™: Panther Grand Gold Edition
Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences, is multiplying jackpots in the follow-up to its top-performing game Mighty Wild™: Panther Grand Gold Edition.
Venturing to the depths of the jungle where a black panther rules the reels on a 5×3 gameboard, the new edition provides even larger win potential. With the increased value of the Cash symbols and Cash Infinity™ symbols, there is also a more lucrative Grand Jackpot of 1500x the base bet.
Players can trigger either the Hold the Jackpot™ or Wild Rampage™ bonus rounds after landing at least six bonus symbols. Furthermore, Chance Level™ has been amplified to improve players’ chances of hitting the bonus round.
Bolstering the ferocious Wild Rampage™ bonus game, Mystery Symbols transformed into jackpots are multiplied by a value between 1x to 10x, providing the opportunity for even bigger rewards.
Wazdan’s Online gaining™ philosophy empowers players to tailor gameplay to their preferred style through customisable features like Volatility Levels™, Buy Feature, and Ultra Fast Mode which has delivered proven results for its partners.
Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “Mighty Wild™: Panther Grand Gold Edition features an exciting new lair through the inclusion of transforming mystery symbols, adding multiplier prizes to jackpots.
“Enhancing the gameplay of a pre-established hit allowed us to expand upon the engagement and entertainment on offer and we anticipate a great reception to this release.”
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PRAGMATIC PLAY DELIVERS BRAND NEW DEDICATED LIVE STUDIO FOR BETSSON
Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its partnership with Betsson Group to deliver an exclusive dedicated Live Casino studio featuring a mix of premium Blackjack and Roulette tables.
Incorporating all the fan-favourite features of Pragmatic Play’s Live Casino games, including multiplayer mode, chat functionality, and bet behind, the nine custom-built tables have been uniquely crafted to immerse players in the Betsson Group brands.
In total, eight new dedicated Blackjack tables and one new Roulette table will be broadcast from the custom-built live studio, every detail of which has been designed to Betsson’s precise requirements.
It is the latest dedicated studio to be delivered by Pragmatic Play, whose operator partners can also use Smart Studio to customise elements of the Live Casino titles to produce bespoke environments that showcase their brands.
Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Delivering a dedicated studio for Betsson marks another milestone for Pragmatic Play’s award-winning Live Casino offering. Betsson is a much-valued partner, and we are delighted to provide them with an immersive live environment that is fully dedicated to their brand.”
Chellyanne Cassar, Live Casino Manager at Betsson Group, added: “We are delighted to collaborate with Pragmatic Play to ensure delivery of a bespoke dedicated studio, where we can showcase our brand-new Blackjack and Roulette tables.
“The partnership highlights our shared commitment to delivering unparalleled gaming experiences, and we’re thrilled with the final results of the studio.”
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