Sports News
| Published On Aug 4, 2023 8:12 am CEST | By Daniel Li

Renowned Researcher Mark Griffiths Opposes Proposed Financial Risk Checks for Gambling Reform

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Professor Mark Griffiths, a renowned expert on gambling addiction, has questioned the effectiveness of suggested financial risk checks, which has changed the course of the ongoing discussion on gaming reform. Griffiths provides his perspective on the possible drawbacks of a one-size-fits-all strategy and suggests other methods to tackle compulsive gambling in an exclusive conversation with the sports betting community OLBG.

Affordability Checks- A Matter of Principle

Griffiths notes that while affordability checks are important, extending financial restrictions to all clients may not be the best course of action. He contributes significant knowledge to the conversation as a Distinguished Professor of Behavioural Addiction at Nottingham Trent University and a Chartered Psychologist. Griffiths supports a more sophisticated strategy since she has experience working as a consultant for several gaming firms on harm reduction and responsible gambling.

Fine-Grained Affordability Checks | A Double-Edged Sword

Griffiths expresses worry about the use of very intrusive affordability tests that examine people’s private money. He issues a warning that this degree of inspection may discourage clients from disclosing private information, prompting them to look for less strictly regulated offshore gaming choices. It would be harmful to move problem gambling to unregulated venues. Griffiths suggests finding a balance between reliable checks and preserving client confidence.

Mandatory Limits- A Responsible Gambling Solution

Instead, Griffiths suggests requiring players to specify time and money limitations when registering with an online operator. By taking this proactive step, people are encouraged to wager within their means and limit their losses. Players may no longer bet after they hit their previously established limitations, encouraging responsible gaming.

Stable Problem Gambling Rates and New Avenues

Griffiths, drawing on significant research, notes that problem gambling rates have remained very steady over the previous two decades, with figures from the Gambling Commission suggesting a problem gambling rate of 0.3%. The great majority of people who participate in gambling activities do not have addiction-related problems. A further useful measure would be enforced play breaks, according to Griffiths’ extensive study conducted in Norway, especially in light of the rise in gaming chances.

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The professional viewpoint of Professor Mark Griffiths offers insightful details to the ongoing debate on gaming reform. In order to avoid unforeseen outcomes, he advises a balanced approach even if financial risk checks are crucial. Fighting problem gambling could be more successful if affordability checks were tailored and limitations were imposed to encourage responsible gaming. A comprehensive strategy that protects players while keeping a healthy gaming environment is still crucial as the business develops.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.