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Gambling research in focus at IAGR2019

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Gambling research in focus at IAGR2019
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Research into gambling behaviour will feature as part of the keynote sessions at the International Association of Gaming Regulators (IAGR)’s annual conference held in Jamaica, from 30 September to 3 October.

IAGR2019 is the key annual event for gaming regulators, advisors and industry stakeholders. Regulatory thought-leaders, academics and industry experts participate in keynote sessions, presentations and panel discussions over the conference’s four-day program.

Aisling Ni Chonaire from the Behavioural Insights Team (BIT) and Jack Wilson from 2CV Research will be presenting at the event to share up-to-date research on the role of behavioural biases in online gambling, as well as what motivates people to gamble.

Aisling leads BIT’s research into gambling behaviour, advising regulators, government departments, and non-government organisations on designing evidence-based policy. Her session will summarise BIT’s work to date and share recommendations for regulators, governments and practitioners.

‘Behavioural biases impact our lives daily, from our food choices to our savings habits (or lack thereof),’ said Aisling.

‘Our e-lives are no exception with these biases manifesting in rapidly evolving ways in online environments. As a result, we are acting more impulsively, taking more short-cuts, and spending less time reflecting on our decisions online.’

Aisling added, ‘While online gambling has grown exponentially over the past decade the same cannot be said of the evidence base outlining what works to protect gamblers online.

‘Over the past two years, BIT has been building this evidence base. As experimental and behavioural science experts, BIT has identified the risky practices that appear on online platforms, mapped the behavioural biases that people are exposed to, and run experiments with operators to increase safer play.’

Jack Wilson is Head of Digital at 2CV Research, working extensively in the gaming sector – both for commercial clients and in the regulatory space. He is currently leading a three-year qualitative research project on behalf of the UK gambling regulator.

‘What motivates people to gamble and how does gambling fit into the day to day life of the average person? This is the key question we set out to answer on behalf of the UK Gambling Commission,’ said Jack.

‘Over the last few months we’ve conducted an extensive program of qualitative and digital research with over 100 people across the UK, exploring what motivates people to gamble and the role it plays in their lives,’ Jack added.

‘We know that asking people “why they gamble” is never simple. A key part of our research involved using digital research tools to capture motivations and triggers for gambling at the point of play.’

Jack and Aisling join IAGR’s impressive speaker lineup and program for IAGR2019. As spaces are limited for this year’s conference, don’t leave it too late to book your spot.

 

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XLMedia Partially Disposes Personal Finance Assets for $1.3 Million

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XLMedia has announced the part disposal of the Group’s Personal Finance assets for a total cash consideration of $1.3 million (the Disposal). The Disposal comprises domains and websites including Investor Junkie, Greedy Rates and Young and Thifty owned by XLMedia Publishing Limited and Webpals Systems SC Limited, subsidiaries of XLMedia plc. The cash generated from the Disposal will be utilised in the day-to-day operations of the business.

The Disposal is in line with the Company’s strategy to exit non-core activities while focusing on the Group’s Sports and Gaming business, expanding its North American Sports footprint, while also refining and developing the Group’s EU Sports portfolio, and the Group’s Gaming assets in selected markets, including the US.

In the year ended 31 December 2022, the assets relating to the Personal Finance division generated revenues of $1.9 million and EBITDA loss of $1.3 million.

The Personal Finance assets were excluded from continuing operations as disclosed in the Company’s year ended 31 December 2022 results and have no impact on earnings in the current financial year.

Following the sale of these assets to MPD Media, the process to sell the remaining Personal Finance assets is at an advanced stage, but there is no certainty that a transaction or transactions will complete.

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IGSA Celebrates 25th Anniversary

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The International Gaming Standards Association (IGSA) is celebrating 25 years of its role in support of gaming industry standards.

IGSA president Peter DeRaedt said: “In addition to the many champions and pioneers of our technical standards, we’re also proud and honoured to have featured a keynote video by Trevor Croker, CEO of Aristocrat Leisure, a founding IGSA member, and this week to feature a keynote video address by Rich Schneider, chief product officer of Light & Wonder and another 25-year IGSA member.”

Mark Pace, vice-president of the IGSA, said: “It has been great to see the congratulations and well wishes come in from all over the world from our current and former members, friends and colleagues.

“These companies have joined in celebrating IGSA’s 25-year anniversary through video messages that we have posted on our social media channels and website.

“We invite all our current and past members to join us at our annual meeting celebration and get-together at Canaletto in the Palazzo on October 10 while you’re at G2E.”

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Former iGaming Director Unveils Holistic Wellbeing Platform for the Gaming industry

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Former iGaming Director Unveils Holistic Wellbeing Platform for the Gaming industry
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HabitRewire, an industry leader in health and wellbeing for the iGaming sector, announced the debut of its innovative iGaming wellbeing platform. The turnkey white-label wellbeing solution can be accessed at any time, anywhere via a user-friendly app, helping employees across the world improve their wellbeing 24/7, inside and outside the workplace.

Presented as a ready-to-use white-label solution that can be branded as the company’s own, it offers an holistic, wide-ranging, and result-driven wellbeing solution that can be instantly deployed.

The platform draws upon HabitRewire’s ‘Habit Rewiring’ methodology, which is backed by robust scientific evidence. This innovative method is engineered to stimulate sustainable behavioural change, helping employees use daily practices to build the skills and habits to improve their physical health, mental wellbeing, and workplace productivity.

“True health and wellness stretch beyond diet and exercise,” affirmed Leo Judkins, Founder of HabitRewire. “Our platform delivers personalised, comprehensive wellbeing interactions across nutrition, movement, sleep, stress, time management and productivity to help employees reach their goals efficiently and effectively, wherever they are.”

The uniqueness of HabitRewire’s platform lies in its CRM capabilities and unique focus on the iGaming industry, reflecting Judkins’ rich, 12-year experience as a CRM Director in the field. His extensive knowledge from developing marketing automation platforms and managing global marketing teams, combined with personal journey of losing 35kg has directly influenced the creation of the HabitRewire platform.

“We use behavioural data, customer segmentation, and automated lifecycle campaigns to create personalised interactions throughout the employees entire wellbeing journey. From the initial stages of activation, onboarding and engagement, right through to retention and reactivation phases.” Judkins noted.

HabitRewire’s platform incorporates an various features such as weekly challenges, daily check-ins, community chats for peer-to-peer encouragement, leaderboards, workouts, recipe books and lifestyle guides.

Designed with the modern workforce in mind, the platform provides employee with a personalised dashboard that includes training advice, nutrition tips, and recovery strategies. The app allows users to schedule coaching calls with a team of experts that includes certified nutritionists, online personal trainers, sleep coaches, stress management professionals, and behaviour change specialists. Additionally, users can track their progress in real-time and sync their data with wearables and services like Apple Health.

“Most wellbeing solutions aren’t accessible for the employees who need it the most. They simply don’t have the time or energy to participate, which a key part of the problem. Our objective is to help people achieve their health and wellbeing goals, no matter where they are in their journey or what’s going on in their life right now” stated Judkins.

HabitRewire’s innovative platform signifies the shift towards proactive and individual care in the workplace, delivering wellbeing solutions directly to employees’ fingertips, no matter if they work from home or from an office.

Companies using HabitRewire’s platform can expect enhanced performance, increased productivity, and a significantly improved working environment. All quantified in weekly management reports that show measurable results.

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