Responsible gambling has to do with the ethical duty regarding the integrity, fairness and providing awareness of various issues associated with gambling. This duty lies with the various gambling industry players including operators such as casinos, governments, gaming control boards as well as players. To ensure that all concerned parties observe the ethics of responsible gambling, codes of conduct were developed to shape this integral part of gaming. Issues brought forth in these codes include gambling addiction, underage gambling, fraudulent and criminal behaviour as well as information privacy. Fair gaming, ethical and responsible marketing, customer satisfaction along with secure, safe and reliable operating environment are also matters included in these codes. This information has been made aware to the general public through various helpline sites promoting responsible gambling, including those listed below:
What Responsible Gambling Means for Operators
Gambling operators play a significant role in ensuring that the codes of conduct for responsible gambling are adhered to. Some countries have made it mandatory for operators to provide some tools so that players can check on and monitor their own gambling habits. These tools include self exclusion or time out, reality check, time limits, deposit limits as well as accounts tracking and permanent account closure. These tools give players the freedom on accounts operations as well as various prompts and restrictions on playtime and bet amounts. To some, these tools may appear as hindrances to freedom of play but in their absence, gambling addiction and its vices may be hard to mitigate. For these tools to be effective, they need to be supported by all parties involved.
It is also the responsibility of operators to ensure that underage gambling is prevented. This type of gambling may happen by unattended minors, therefore, some regulators in the industry have developed guidelines to prevent it. Various fraudulent activities, including money laundering, could easily happen through operators if they allow their activities to go unchecked. Operators, therefore, are needed to implement anti-laundering policies that include tracking, as well as, reporting any transactions that raise eyebrows. Advertisements, that are always effective in attracting clients to various products, are also checked to ensure that they do not dupe the general public or target vulnerable audiences. Independent regulators also, from time to time, check on various operators to ensure that they conduct their games fairly and also uphold various privacy and security measures.
What Responsible Gambling means for Players
The main business of operators is getting players to engage in their products. As the targeted audience, players worldwide also have a great responsibility for the achievement of responsible gambling. For players, therefore, it means being in control of your own gambling habits, so that they do not negatively affect other sectors of your livelihood. The knowledge that people gamble for different reasons then denotes that there cannot be a single way that players can achieve responsible gambling. A method that may be effective for one player may not be effective for another. The most apparent self assessment method that a player could employ to check on whether they are gambling responsibly is by constantly being aware of the amount of time and money they are spending on gambling.
Apart from time and money, how players perceive gambling and its related activities is also another method. Responsible gambling encourages players to view gambling as any other type of entertainment and therefore avoid having attachments to it, emotional or otherwise. As a player it is also your responsibility to be aware of the odds in any game, accept them and most importantly not to stake more than you can comfortably afford to lose. To a larger extent, gambling is a game of chance and therefore you need to always be aware of the chances of winning, but also of losing. Losses are a part of the game and players should avoid trying to gain what they lost. Knowledge of self and accepting that others may have better spending ability compared to yours is also important.
Verdict on Responsible Gambling
Responsible gambling is, therefore, not a matter that is the responsibility of a few but a responsibility of many. Players in the gambling industry must adhere to the codes of conduct set out by regulatory bodies. It is only when all actors in the industry are satisfied that they are getting the best out of it, that gambling will be sustainable. After all, it is an industry that all those who are involved, become part of voluntarily. Operators and various regulators, therefore, need to ensure that the industry does not become a source of misery and depression to those who engage in it as a form of entertainment or otherwise. Essentially, responsible gambling comes down to control and not overindulging, in any way, by any party, in the gambling industry.