Kindred Group Publishes Swedish Responsible Gambling Metrics – H2 2024

by time news

Sweden‘s Gamble on Responsible gambling: Lessons for the US

The Swedish gambling market ‍has undergone a meaningful change since⁣ 2019, with a new⁤ regulatory framework aimed at promoting⁤ responsible gambling and curbing the rise of offshore operators. This ‍shift has seen Swedish operators like Kindred Group (owner of Unibet), ATG, and Svenska Spel taking a proactive approach to responsible ⁣gambling (RG), publishing detailed metrics on⁢ their efforts and collaborating with stakeholders to address problem ⁤gambling.⁢

This approach offers valuable insights for the‍ US, where the gambling⁢ landscape is rapidly ⁤evolving with the legalization⁤ of sports betting‍ and online casinos in numerous ⁤states. ‍

Sweden’s​ New Gambling Regime:

In ⁤2019, Sweden⁤ implemented a ⁤new gambling ⁢act (SFS 2018:1138) [[1]] designed to address the growing concern​ of online gambling conducted by unlicensed operators. This ⁣move aimed to bring more gambling activity under Swedish regulation, allowing for ​stricter controls and consumer protection measures.

Transparency and Data-Driven⁢ Approach:

A key element of Sweden’s ​strategy is transparency. In 2022, Kindred, ATG, and svenska Spel joined forces ‌to publish joint responsible gambling metrics, providing a‍ comprehensive overview‍ of their efforts to prevent‍ problem gambling. These metrics⁣ cover crucial areas such as:

Percentage of customers contacted due to suspected problematic gambling: ⁤ This highlights the proactive approach operators⁣ are ⁢taking ‌to ‌identify‌ and ⁣intervene with at-risk ‌individuals.
Effectiveness of proactive contacts: The data shows the percentage of contacted customers who reduce their gambling activity, demonstrating the impact of ⁤these interventions.
Self-exclusion⁤ rates: This metric tracks the number⁢ of customers who voluntarily choose to exclude themselves from gambling platforms, indicating a commitment to player empowerment.

kindred’s ‌report for the second half of 2024 [[3]] reveals a slight decrease in⁣ the percentage ‍of contacted customers who reduced their gambling, dropping to 74.20% compared to 76.85% in the first half of 2024. However,⁣ there’s a notable increase​ in the⁢ share of contacted customers choosing ‍self-exclusion.

Collaboration and Education:

Sweden’s approach emphasizes collaboration between operators, regulators, and support ​organizations. Kindred, for example, ⁣works closely with ​the Swedish Professional ​Football⁤ Leagues (SEF) and the treatment center Spelfriheten to educate football⁣ players ⁣and staff⁣ about responsible gambling and ⁢early warning signs.

Lessons for‍ the ⁣US:

The Swedish model offers valuable lessons⁣ for the US as it navigates the ‌complexities of a rapidly expanding⁢ gambling market:

Transparency and Data: Publicly available data on ⁢responsible gambling efforts can build trust and accountability. States should encourage‌ operators to share data on‌ their interventions and ‌outcomes. Proactive Intervention: Operators should ‍adopt proactive measures to identify and assist at-risk gamblers. ​This⁢ could include using‍ technology to detect​ patterns of problematic behavior and ⁢implementing personalized interventions. Collaboration: States should foster collaboration between operators,regulators,treatment centers,and other stakeholders to create a comprehensive ​approach to responsible gambling.
* Education and Awareness: ⁣Public education campaigns are crucial ⁢to raise awareness about‍ the risks of gambling addiction ⁢and promote ‌responsible gambling practices.

Moving ​Forward:

The Swedish‍ experience demonstrates that ⁣a proactive and ‌data-driven approach to responsible ​gambling can be effective in mitigating the potential harms associated with gambling. As the ‌US continues to legalize ⁣gambling, ​adopting ‌similar strategies will be essential​ to ensure a safe and sustainable gambling ⁤environment for all.

Can Sweden’s Gamble on Responsible Gambling Pay Off for the US?

Time.news Editor: we’re ⁤seeing a rapid ⁣expansion of legal gambling‌ across⁢ the US.‌ What lessons can we learn from Sweden, which⁢ has ‍taken a proactive approach to responsible gambling (RG)?

expert: Sweden’s regulatory ⁤framework, implemented ‌in 2019, offers some valuable insights. Rather of relying solely on consumer self-regulation,they’ve embraced a data-driven and collaborative approach to RG.

Time.news Editor: Can you elaborate on​ that?

Expert: Swedish operators like Kindred, ​ATG, and Svenska ⁤Spel publicly release detailed ⁣metrics on their RG ‌efforts, covering areas like⁤ customer contact ⁤rates for suspected problem gambling, the effectiveness of interventions, and self-exclusion rates. This transparency builds trust and allows for accountability.

Time.news editor: That seems like a big ‍shift!

Expert: ⁣ Absolutely. They also prioritize collaboration. Kindred, for example, works‌ with organizations like the Swedish Professional ⁢Football Leagues (SEF) and the ‌treatment center Spelfriheten ‌to educate individuals about responsible gambling signs and risks.This ‍multi-pronged approach involves both operators ​and​ societal stakeholders,⁢ creating ⁤a comprehensive safety net.

Time.news Editor: What specific lessons could US states learn from Sweden?

Expert: Firstly, transparency is key. Publicly accessible data⁤ allows for informed decision-making and helps to monitor the effectiveness of RG initiatives.

Secondly, ‌ proactive intervention is crucial.​ US states should encourage operators to use technology‍ to identify at-risk gamblers and tailor⁤ interventions accordingly.

Thirdly, collaboration should be fostered between operators, regulators,⁢ treatment centers, and organizations like the National council⁤ on Problem Gambling.‍ awareness campaigns are vital to⁢ educate the public about the risks of gambling addiction and promote responsible behaviors.

time.news ⁢Editor: Any specific advice⁤ for the​ casino industry in ‌this transition?

Expert: The industry should embrace the Swedish model. Being upfront about RG efforts, collaborating with stakeholders,​ and leveraging⁤ technology ‌for responsible gambling are‌ not just best practices – they are⁤ essential for building a enduring and ethical gambling landscape.

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