Bally’s Corporation has donated $600,000 to the International Center for Responsible Gaming to fund multi-year scientific research on problem gambling among young adults and the effectiveness of responsible gambling tools.
Since its establishment in 1996, the ICRG has served as an important funding source for scientific research on gambling disorder and responsible gambling in the US, yielding hundreds of articles published in peer-reviewed scientific journals.
“The ICRG salutes Bally’s Corporation for making such a huge impact on the field of gambling studies,” he added.
The ICRG will invite scientists from around the world to apply for the grants in a competition aimed at ensuring the highest quality research receives funding.
The ICRG will also sponsor programming that will extend the projects’ research findings beyond academia and provide guidelines to the gaming industry for effective responsible gambling strategies.
ICRG President Arthur Paikowsky: “With this grant, Bally’s has taken a giant stride toward understanding the health risks of young adult gamblers and improving the effectiveness of existing responsible gambling tools.”
“We take seriously our responsibility to educate the public, including young adult gamblers, and our employees about responsible gaming,” said Robeson Reeves, president of Interactive at Bally’s Corporation.
“We look forward to working with ICRG on cutting-edge scientific research on gambling among young adults and the usage and effectiveness of responsible gambling tools,” he added.
The donation will also help fund several programmes designed to educate treatment providers, responsible gambling professionals, regulators and public policy-makers about gambling disorder and responsible gambling.
Past research funded by the RCRG has informed the gambling industry about the health risks of casino employees, created the only research-based website on college gambling and launched a national campaign to make parents and teachers aware of youth gambling.
Projects currently in process are evaluating the responsible gambling tool of self-imposed limits on time and money spent gambling and the national impact of sports wagering.