A New Era in Responsible Gambling: Pavilion Payments Joins Forces with ICRG
Las Vegas, January 23, 2024 – Pavilion Payments, a leading omnichannel payment provider specializing in the gambling industry, has announced its support and collaboration with the International Centre for Responsible Gambling (ICRG). Pavilion Payments’ financial contributions will be directed towards research conducted by renowned international researcher and Carleton University professor, Dr. Michael J.A. Wohl, with the aim of developing tools to promote responsible gambling behaviors. The primary goal is to advocate for responsible and positive gambling habits in order to reduce associated harms.
The funding for this research will expand upon previous findings that indicate that a pre-commitment limit option is more effective in reducing problem gambling over the long term compared to a suggestion-based approach, which typically arises during a gambling session. Pavilion Payments’ involvement aims to develop new ways to persuade customers to engage in safe and responsible gambling practices.
“We are working together to develop responsible gambling initiatives that prioritize the well-being of the customer,” said Arthur Paikowsky, President of ICRG. “This generous grant will enable us to conduct groundbreaking research, providing industry leaders with solid evidence required to make informed decisions regarding the advantages and disadvantages of game management systems.”
The initiative consists of two perspective studies and two experiments that will evaluate attitudes towards pre-commitment limit tools, identify characteristics of players who choose this option, and assess the actual and perceived influences on behavior. The research will also examine the impact of incentivizing the usage and adherence to pre-commitment limit tools, with operators providing access to their customers through loyalty programs and customer data.
“At Pavilion Payments, we are committed to promoting responsible and ethical practices in the gambling industry,” stated Christopher Justice, CEO of Pavilion Payments. “Our investment in ICRG reflects our dedication to supporting research that contributes to the development of effective tools for responsible gambling. We believe in the potential of Dr. Wohl’s research to positively influence the landscape of the gambling industry and contribute to the future of responsible gambling.”
FAQ:
1. What is the International Centre for Responsible Gambling (ICRG) involved in?
The International Centre for Responsible Gambling (ICRG) is dedicated to studying and promoting responsible gambling behaviors. They conduct scientific research and publish articles in this field.
2. What is Pavilion Payments’ involvement with ICRG?
Pavilion Payments, a leading omnichannel payment provider in the gambling industry, supports and collaborates with the International Centre for Responsible Gambling (ICRG). They provide financial contributions for research conducted by Dr. Michael J.A. Wohl, a professor at Carleton University in Ottawa, focusing on the development of tools that promote responsible gambling behaviors.
3. What is the main goal of the research funded by Pavilion Payments?
The main goal of the research funded by Pavilion Payments is to promote responsible and positive gambling habits and reduce the associated harms. The research focuses on developing effective tools for responsible gambling.
4. What do Dr. Michael J.A. Wohl’s research studies encompass?
Dr. Michael J.A. Wohl’s research studies focus on the pre-commitment limit option as a more effective method for reducing problem gambling over the long term. The studies also explore the impact of incentivizing the usage and adherence to pre-commitment limit tools.
5. What actions are operators taking to address problem gambling?
Operators are providing their customers access to pre-commitment limit tools through loyalty programs and customer data. These actions aim to persuade customers to engage in responsible gambling practices and ensure a safe and responsible gaming experience.
Definitions:
1. Pavilion Payments – A leading omnichannel payment provider in the gambling industry, offering Swiss army knife payment solutions that enable flexible funding, gameplay, and withdrawals.
2. International Centre for Responsible Gambling (ICRG) – An organization dedicated to researching and promoting responsible gambling behaviors, as well as funding scientific research in this field.
Suggested Sources:
1. Pavilion Payments Website
2. International Centre for Responsible Gambling (ICRG) Website
Source: businesswire.com
The source of the article is from the blog guambia.com.uy