Chula Researchers Caution Against Online Gambling during COVID-19

We know what players and gamblers out there want and we know what a casino should have in order to provide the right and the best casino experience. We need to be extra careful when the real money is concerned. This finding is in line with the global online gambling trend in the past 5-10 years.

People who continue to play online maybe because they have to work and can play at other times and there is no need to travel. However, the young generation who started online gambling will not quit, because they are already hooked and never had experience playing in an actual casino or gambling den. The 2019 and 2021 surveys show that the gambling formats are not that different. The most popular games are Baccarat and Pok Deng (a card game similar to Blackjack), followed by the slot machine.

Once their websites are blocked, the operators can easily launch new websites. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. We also pay close attention to what our visitors are saying, we listen to their experience, the comments they leave on our website’s review pages, the E-mails we receive, we keep all that in mind because at the end, it’s a customer’s experience that matters the most.

Other types of gambling like sports bets, or online lottery, with the number of games and winnings fixed, have been played online for a long time, but are now done through more channels. According to Chula researchers the volume of online gambling has soared during the COVID-19 pandemic, posing a serious threat https://forums.bowsite.com/tf/bgforums/thread.cfm?threadid=407778&forum=1#5245156 to minors, and the government should urgently tackle this problem. There are mobile phones and you shouldn’t act shocked when we tell you that mobile gambling is rising rapidly. Prof. Dr. Nualnoi added that what we see here is a global phenomenon. In some countries, financial laws are also considered.

Penalties can be imposed during financial transactions. In places where gambling is legal, the levying of taxes is examined. In the case of Thailand, even if gambling is done on a computer, and money is transferred, accounts are opened in Thailand, or it could be other forms of payment through purchases or something more complicated and they need to be watched. Prof. Dr. Nualnoi suggested that the government should seriously address this problem, and think out of the box because the socio-economic contexts have changed dramatically. Clear guidelines should be set to prevent the danger from online gambling which comes in all shapes and forms.

Prof. Dr. Nualnoi further noted that at present, the online gambling problem has not been analyzed with other factors to find a suitable management approach. The gaming revenue has also significantly increased. In 2019, gross gaming revenue was estimated at 20 billion Baht, while the 2021 estimate went up by 100 billion, showing that not only has the number of players increased but so has the frequency of play.

Prof. Dr. Nualnoi Treerat, Director of the Center for Gambling Studies, Faculty of Economics, Chulalongkorn University, and her research team have studied all types of gambling in 2021 and pointed out the increasing trend of online gambling. Welcome bonus is something which no one can ignore. In fact, most of the gamblers look for welcome bonus in every review they read.There is nothing wrong if you are getting a good bonus. Some casinos just offer some hundreds of welcome bonus whereas some offer thousands of welcome bonus. There are casinos that provide free spins on top of those welcome bonuses. First and foremost, it is the young generation that needs immediate attention.

Let’s say if they have not gambled for a while, they’ll be constantly motivated to return to play. However, people who enjoy online gambling tend to be younger than those who play offline, because they are already familiar with the use of these technologies. “One major concern is that online gambling is readily accessible, especially during COVID-19 outbreaks that everyone is stuck at home, and spends more time on a cell phone and a computer screen.