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Author Topic: The Gambling increase due to the pandemic, stats, UK  (Read 592 times)
Lucasgabd
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November 02, 2021, 07:06:48 PM
 #41

It can not only be used by companies but government itself to provide better laws.

- 63% gamblers noted an increase in time spent gambling.
- 62% said their gambling habit remained the same despite the laws being more losse for some areas
- 12% reported an increase in their gambling habit

In other words, this shows that the European region, especially in the UK, is really a gambling-populated country even prior to the pandemic. Obviously, while everyone is lurking at home, we can notice that gambling activity there will increase its numbers whatever the category.

On the other hand, they also conducted a survey for those people who want to minimize their gambling activity and the results are:

- 43% by casual gamblers
- 57% by regular gamblers

It means that while the world is slowly going back on its business, people also slowly coming back to their main and usual activity that's not limited to gambling mostly.


this is really impressive
would expect regular gamblings % to be smaller among all gamblers, but makes sense too, since gambling can cause dependence a lot of people probably get addicted to it
I wonder how high is the average LTV for costumers of casinos and the difference between this LTV for physical and digital businesses.

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November 02, 2021, 07:51:35 PM
 #42


Quote
However, many wished to reduce the amount of time they spend gambling, with 43% of those who gamble at least once a month expressing this desire, while 57% of the everyday gamblers also wanted to curb the habit — but at the same time, 42% stated they had no idea how to go about it.


I hope this article can provide an insight for the safe gambling awareness week and could highlight the main events that we might have to encounter and understand.

https://www.gamblinginsider.com/news/13723/38-of-frequent-gamblers-in-the-uk-gambling-more-than-pre-pandemic



I find it curious that people struggle to stop gambling, because if they really wanted to take that step almost every UK regulated gambling company has a mandatory opt out mechanism. If you apply to self-exclude then you will be banned from that site for a long time which very useful for breaking the habit. Most gamblers will return to the same sites day after day, so being able to break that connection should have a very big impact on someones ability to quit - however most of the people likely want to continue and just aren't ready to let go, even if they say they are. Much like quitting smoking, you need to go cold turkey and learn to cut it out entirely or you'll keep falling back into that gambling addiction.

R


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November 02, 2021, 08:33:33 PM
 #43

I find it curious that people struggle to stop gambling, because if they really wanted to take that step almost every UK regulated gambling company has a mandatory opt out mechanism.
Well, the habit seems a hell to avoid with and that's something every addicted individuals struggling to fight for themselves.

The second stat that you posted is quite concerning for me, because the majority of people is saying that they want to reduce their gambling times. I'm pretty sure that a good chunk of those will not be able to reduce their gambling.
Pretty sure that's the scenario I'm expecting but it's a good thing it's lower compare to those who want to change that curb. Looks like few more gambling awareness campaigns across the region and it will slowly decrease in percentage. This individuals who are undecided yet are more likely to incline to stop if they find some campaigns that may help them the urge to stop gambling totally, more like conditioning the mind.
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November 02, 2021, 09:01:43 PM
 #44


Quote
However, many wished to reduce the amount of time they spend gambling, with 43% of those who gamble at least once a month expressing this desire, while 57% of the everyday gamblers also wanted to curb the habit — but at the same time, 42% stated they had no idea how to go about it.


I hope this article can provide an insight for the safe gambling awareness week and could highlight the main events that we might have to encounter and understand.

https://www.gamblinginsider.com/news/13723/38-of-frequent-gamblers-in-the-uk-gambling-more-than-pre-pandemic



I find it curious that people struggle to stop gambling, because if they really wanted to take that step almost every UK regulated gambling company has a mandatory opt out mechanism. If you apply to self-exclude then you will be banned from that site for a long time which very useful for breaking the habit. Most gamblers will return to the same sites day after day, so being able to break that connection should have a very big impact on someones ability to quit - however most of the people likely want to continue and just aren't ready to let go, even if they say they are. Much like quitting smoking, you need to go cold turkey and learn to cut it out entirely or you'll keep falling back into that gambling addiction.
Do you think that it's that easy to stop gambling? Medically it's not different from drug addiction because it hits the same receptors like most of the drugs, including the majo one - dopamine. What you say sounds like an addict saying that he won't shoot tomorrow, flush the needles/substances and then he can feel free but in reality it's not like that! People even struggle to start a diet and can't say no to their favorite foods.
UK gambling websites offer variety choice of tools to help gambling addicts lessen the addict/withdraw symptoms and make themselves more independent from their bad behaviors but at the same time like you ask, why don't they apply for self-exlude, I would answer you that at the same time they think that it will be very hard for them to do. Like drug addicts can't throw away their drugs, the same applies to gamblign addicts, they can't click on the self-exclude button for the same reasons.

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November 02, 2021, 10:56:21 PM
 #45

~

I find it curious that people struggle to stop gambling, because if they really wanted to take that step almost every UK regulated gambling company has a mandatory opt out mechanism. If you apply to self-exclude then you will be banned from that site for a long time which very useful for breaking the habit. Most gamblers will return to the same sites day after day, so being able to break that connection should have a very big impact on someones ability to quit - however most of the people likely want to continue and just aren't ready to let go, even if they say they are. Much like quitting smoking, you need to go cold turkey and learn to cut it out entirely or you'll keep falling back into that gambling addiction.
There's always a way if you are really tending to quit for good and those exclusions or prohibitions wouldnt really be just enough for a severe addicted person on which they could really find ways on how to
play despite of having some exclusions that they had made out earlier on because as long you arent willing to quit in the first place then you would definitely finding out ways to play again.
It isnt really that much surprising that this pandemic situation did really increase up that gambling addiction or activity despite of financial instability but still
there are some demands on it.

R


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November 03, 2021, 01:02:14 AM
 #46

Last year, there are already lots of reports about the UK noticeable seeing an increase of people doing gambling especially around 18 years old. It's not surprising with the current stats.

What I want to see is, now that most countries allowed most leisure activities, it might gives an impact on a decrease in the number of people doing gambling there.

The only ones who remained at gambling are those who are already gamblers before the pandemic.

I agree with that statement, it is also currently necessary to emphasize that the pandemic has changed many lifestyles, people are more time at home, some young people stopped doing many activities and what is most striking and the best means of entertainment for many it is gambling, especially when it comes to sports betting or casino games.

People aged 18 years or more is natural, not only in the United Kingdom but also in other countries, the only thing that I see as negative is that some people are usually somewhat desperate, and for the fact of wanting to increase their balance in money with the gambling can lose everything, and this can cause many negative things in the person and generate acts of violence when their personality is not well defined.

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November 03, 2021, 03:57:17 AM
 #47

The second stat that you posted is quite concerning for me, because the majority of people is saying that they want to reduce their gambling times. I'm pretty sure that a good chunk of those will not be able to reduce their gambling.
Pretty sure that's the scenario I'm expecting but it's a good thing it's lower compare to those who want to change that curb. Looks like few more gambling awareness campaigns across the region and it will slowly decrease in percentage. This individuals who are undecided yet are more likely to incline to stop if they find some campaigns that may help them the urge to stop gambling totally, more like conditioning the mind.
If they can condition their mind, that will help them stop gambling right away, especially if there is more campaign to tell people about the risk of gambling in the short and long term.
But if people can reduce their gambling time, that could also reduce the number of people who play gambling and reduce the number of the addiction.
Maybe that country needs more regulation to stop the increase of people who play online gambling and maybe the government co-work with the ISP to control people's activity when they use the internet.
But it needs awareness from people themselves to reduce their gambling time because only they will know what they do in their home.

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November 03, 2021, 04:15:22 AM
 #48

Last year, there are already lots of reports about the UK noticeable seeing an increase of people doing gambling especially around 18 years old. It's not surprising with the current stats.

What I want to see is, now that most countries allowed most leisure activities, it might gives an impact on a decrease in the number of people doing gambling there.

The only ones who remained at gambling are those who are already gamblers before the pandemic.

I agree with that statement, it is also currently necessary to emphasize that the pandemic has changed many lifestyles, people are more time at home, some young people stopped doing many activities and what is most striking and the best means of entertainment for many it is gambling, especially when it comes to sports betting or casino games.

People aged 18 years or more is natural, not only in the United Kingdom but also in other countries, the only thing that I see as negative is that some people are usually somewhat desperate, and for the fact of wanting to increase their balance in money with the gambling can lose everything, and this can cause many negative things in the person and generate acts of violence when their personality is not well defined.

If the goal is just entertainment then gambling is not the right choice, now there is a lot of entertainment that can be obtained and played in your hands like online games that will not spend your money. It's different if the goal is for an income, then the impact of the pandemic clearly makes sense so they choose to gamble. But whether there is a pandemic or not, gambling itself will still exist and will never disappear from this earth, even though there are statistics about the rise and fall of people who gamble but still, gambling itself will still exist.

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November 03, 2021, 04:16:01 AM
 #49

I think that these stats have some merit.

However, it is still important to take into account the fact that consumption overall has gone up during the pandemic recovery phase, and also inflation has been pretty high which can modulate the results.

But I do agree that virtual gambling has definitely been taken up by a lot of people who traditionally played at physical venues - and perhaps that is why these stats have ballooned.

Smiley
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November 03, 2021, 04:50:11 AM
 #50

I think that these stats have some merit.

However, it is still important to take into account the fact that consumption overall has gone up during the pandemic recovery phase, and also inflation has been pretty high which can modulate the results.

But I do agree that virtual gambling has definitely been taken up by a lot of people who traditionally played at physical venues - and perhaps that is why these stats have ballooned.

That is true, but I doubt that the number will rise because most people do not have sufficient funds to spend on something that is not worth it, such as gambling. Since the pandemic, my life has been extremely difficult, and I haven't even considered putting my hard-earned cash into online gambling games. Most of these people, I believe, are either extremely wealthy or at least have some spare cash lying around. However, the majority of the time, this is due to people being bored at home and seeking some form of entertainment
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November 03, 2021, 05:15:27 AM
 #51

I think that these stats have some merit.

However, it is still important to take into account the fact that consumption overall has gone up during the pandemic recovery phase, and also inflation has been pretty high which can modulate the results.

But I do agree that virtual gambling has definitely been taken up by a lot of people who traditionally played at physical venues - and perhaps that is why these stats have ballooned.

That is true, but I doubt that the number will rise because most people do not have sufficient funds to spend on something that is not worth it, such as gambling. Since the pandemic, my life has been extremely difficult, and I haven't even considered putting my hard-earned cash into online gambling games. Most of these people, I believe, are either extremely wealthy or at least have some spare cash lying around. However, the majority of the time, this is due to people being bored at home and seeking some form of entertainment

It's a transition from traditional to online casino.
They find ways to entertain and earn from gambling so if they can't go physically to a casino because of the lockdowns and fear of covid19, they'd just go to an online casino. They have all the time to learn how it works and then jump right on with thier luck.

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November 03, 2021, 05:27:28 AM
 #52

It's no surprise that the gambling rate increased during the pandemic. This crisis has brought a lot of stress and emotional burden to most of us. This has been one of the greatest challenges that even the rich have a hard time battling. Lockdowns were imposed for safety precaution. Hence, people have no other choice but to stay inside their home.

With that being said, people have a very limited interaction and recreation physically speaking, that's why some resorted to entertaining oneself online. Online games and gambling become a thing. Those people who are already a gambler prior the pandemic have their chance to continue what they were doing before and those people who are looking for entertainment and past-time found comfort in online gambling.

While there are people who are gambling for the sake of their enjoyment, there are also people who are just desperate to generate income. Some people made gambling their way to earn money. It's risky, but it would be harder if they'll just let their families starve without doing anything at all. Like what they say, desperate times call for desperate measures.

Hopefully, they know well enough their limitations and boundaries so that they could continue what they are doing without compromising what is more important and necessary.
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November 04, 2021, 04:55:02 PM
 #53

It's no surprise that the gambling rate increased during the pandemic. This crisis has brought a lot of stress and emotional burden to most of us. This has been one of the greatest challenges that even the rich have a hard time battling. Lockdowns were imposed for safety precaution. Hence, people have no other choice but to stay inside their home.

With that being said, people have a very limited interaction and recreation physically speaking, that's why some resorted to entertaining oneself online. Online games and gambling become a thing. Those people who are already a gambler prior the pandemic have their chance to continue what they were doing before and those people who are looking for entertainment and past-time found comfort in online gambling.

While there are people who are gambling for the sake of their enjoyment, there are also people who are just desperate to generate income. Some people made gambling their way to earn money. It's risky, but it would be harder if they'll just let their families starve without doing anything at all. Like what they say, desperate times call for desperate measures.

Hopefully, they know well enough their limitations and boundaries so that they could continue what they are doing without compromising what is more important and necessary.
Yes, for some people, gambling is a recreational activity as well as a stress relief. So it's natural for some individuals to be interested in gambling, especially now that we can't go outside or our options for entertainment are limited. Because of the pandemic, online gambling has become more popular, and the number of players has increased. Right now, because the current scenario is going well, many individuals are getting back into gambling, especially those who had quit because they couldn't go outdoors.
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November 04, 2021, 06:19:05 PM
 #54

It's no surprise that the gambling rate increased during the pandemic. This crisis has brought a lot of stress and emotional burden to most of us. This has been one of the greatest challenges that even the rich have a hard time battling. Lockdowns were imposed for safety precaution. Hence, people have no other choice but to stay inside their home.

With that being said, people have a very limited interaction and recreation physically speaking, that's why some resorted to entertaining oneself online. Online games and gambling become a thing. Those people who are already a gambler prior the pandemic have their chance to continue what they were doing before and those people who are looking for entertainment and past-time found comfort in online gambling.

While there are people who are gambling for the sake of their enjoyment, there are also people who are just desperate to generate income. Some people made gambling their way to earn money. It's risky, but it would be harder if they'll just let their families starve without doing anything at all. Like what they say, desperate times call for desperate measures.

Hopefully, they know well enough their limitations and boundaries so that they could continue what they are doing without compromising what is more important and necessary.
Yes, for some people, gambling is a recreational activity as well as a stress relief. So it's natural for some individuals to be interested in gambling, especially now that we can't go outside or our options for entertainment are limited. Because of the pandemic, online gambling has become more popular, and the number of players has increased. Right now, because the current scenario is going well, many individuals are getting back into gambling, especially those who had quit because they couldn't go outdoors.

Agreed, and the majority of people are making the transition online because staying at home and only doing chores is extremely boring. Casinos are popping up everywhere on the internet right now, and people are becoming addicted to them because it is so simple to bet and the payment methods are also simple; all we need is an internet connection to place a wager. I believe that recreational activities are for people who only want to spend their extra money on it, whereas others are earning from it and using it to supplement their income. However, for the time being, people are getting into it because they are simply bored.
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November 04, 2021, 07:10:20 PM
 #55

Agreed, and the majority of people are making the transition online because staying at home and only doing chores is extremely boring. Casinos are popping up everywhere on the internet right now, and people are becoming addicted to them because it is so simple to bet and the payment methods are also simple; all we need is an internet connection to place a wager. I believe that recreational activities are for people who only want to spend their extra money on it, whereas others are earning from it and using it to supplement their income. However, for the time being, people are getting into it because they are simply bored.

Those casinos have always been there. The difference is, people weren't seeing them because they weren't at home staring at their computers. Now it is different. Maybe there are more casinos now than what there were 2 years ago but don't forget that those new casinos will likely to go broke because they won't find many players. Those well established casinos will always take the king-size bite from the pie.

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November 04, 2021, 08:16:32 PM
 #56

Agreed, and the majority of people are making the transition online because staying at home and only doing chores is extremely boring. Casinos are popping up everywhere on the internet right now, and people are becoming addicted to them because it is so simple to bet and the payment methods are also simple; all we need is an internet connection to place a wager. I believe that recreational activities are for people who only want to spend their extra money on it, whereas others are earning from it and using it to supplement their income. However, for the time being, people are getting into it because they are simply bored.

Those casinos have always been there. The difference is, people weren't seeing them because they weren't at home staring at their computers. Now it is different. Maybe there are more casinos now than what there were 2 years ago but don't forget that those new casinos will likely to go broke because they won't find many players. Those well established casinos will always take the king-size bite from the pie.
When the market gets saturated then expect that online casinos would really get less revenue because users or gamblers would really be divided but to think off on how big the population is then you could realyl say that there would be still that demand.

This pandemic did really bring out some pro's and con's on several businesses because people are now having more time on screen or
into their computer which is understandable on what industries would really take out advantage.

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November 04, 2021, 08:59:32 PM
 #57

~snip~
This pandemic did really bring out some pro's and con's on several businesses because people are now having more time on screen or
into their computer which is understandable on what industries would really take out advantage.
^ Definitely right and not only in the gambling industry people had an interest people also found out about cryptocurrency and these cryptocurrencies use as a tool to use to place a bet on the gambling casino. That is the reason why BTC as of now I can consider is perfect timing why they got investors and even those NTF play-to-earn games also got hype. So it means that people are now relying on the internet because the pandemic was still there, any people are looking for something they could earn online and for a quick ROI for investment and yet a very risky idea is to gamble your crypto.
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November 04, 2021, 09:10:01 PM
 #58

The pandemic have been an extremely stressful event for the world and most people are having problems regarding jobs, money or something else or the other. The government has started implementing regulations in a way that it would not only profit them, but they are also gaining a lot of money from various activities and on the top we have Gambling.

Quote
For this year’s Safer Gambling Awareness Week (1-7 November), NerdWallet conducted research which revealed that nearly two-fifths of frequent gamblers, defined as those who gamble at least once a month, have seen their gambling increase during the pandemic.


Now why the evaluation of data is important?
-It might provide an insight into how the government's laws are changing the way people Gamble. Which can be used to do research on various matters like gambling Addiction.

It can not only be used by companies but government itself to provide better laws.

- 63% gamblers noted an increase in time spent gambling.
- 62% said their gambling habit remained the same despite the laws being more losse for some areas
- 12% reported an increase in their gambling habit


If anything I'd take a guess that this is under reporting, so if this amount of people are admitting to it - you can bet there is another 10-20% who are too ashamed to admit it, even in an anonymous survey where there is no chance of being judged individually. There does seem to be a clear discrepancy between time spent gambling going up substantially and only a little increase in the gambling habit, you'd assume if someone is spending more time on an activity (unlikely to bet at smaller prices that they're used to) then the amount would likely increase too. It shows a divergence where people will admit to more time spent, yet have fooled themselves into thinking they are not spending any more money on it.

R


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November 04, 2021, 09:18:52 PM
 #59

~snip~
This pandemic did really bring out some pro's and con's on several businesses because people are now having more time on screen or
into their computer which is understandable on what industries would really take out advantage.
^ Definitely right and not only in the gambling industry people had an interest people also found out about cryptocurrency and these cryptocurrencies use as a tool to use to place a bet on the gambling casino. That is the reason why BTC as of now I can consider is perfect timing why they got investors and even those NTF play-to-earn games also got hype. So it means that people are now relying on the internet because the pandemic was still there, any people are looking for something they could earn online and for a quick ROI for investment and yet a very risky idea is to gamble your crypto.

Yes, The reason is people don't have to go outside into a public casino that has a higher house edge (but that's another thing).
Also, there are live casinos on certain crypto gambling websites, Dice is however the most popular one.
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November 04, 2021, 10:17:05 PM
 #60

Agreed, and the majority of people are making the transition online because staying at home and only doing chores is extremely boring. Casinos are popping up everywhere on the internet right now, and people are becoming addicted to them because it is so simple to bet and the payment methods are also simple; all we need is an internet connection to place a wager. I believe that recreational activities are for people who only want to spend their extra money on it, whereas others are earning from it and using it to supplement their income. However, for the time being, people are getting into it because they are simply bored.

Those casinos have always been there. The difference is, people weren't seeing them because they weren't at home staring at their computers. Now it is different. Maybe there are more casinos now than what there were 2 years ago but don't forget that those new casinos will likely to go broke because they won't find many players. Those well established casinos will always take the king-size bite from the pie.
When the market gets saturated then expect that online casinos would really get less revenue because users or gamblers would really be divided but to think off on how big the population is then you could realyl say that there would be still that demand.

This pandemic did really bring out some pro's and con's on several businesses because people are now having more time on screen or
into their computer which is understandable on what industries would really take out advantage.
While it is true we are reaching a saturation point at the same time the big casinos have nothing to worry about as they are getting most of the new players anyways, the ones that have to worry are the new casinos and the casinos that have not properly established themselves in the minds of their customers and that can lose their clients relatively quickly, now while this may sound bad at the same time it is something natural in any industry since this will only leave the best casinos around, which most of the time are the ones that have the best games and odds anyway which is why people are choosing to play there anyway.
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