Responsible Gambling
A responsible gambling monitoring process is a set of procedures and practices that operators, regulators, and stakeholders implement to ensure a safe and responsible gambling environment. The process aims to minimize the potential negative impacts of gambling on players and society while maximizing enjoyment and fair play. Ether Monitoring provides a centralised control point for managing and analysing revenue flow from consumers to gaming companies.
The responsible gaming process involves the following steps:
- Data collection: Ether Monitoring collects data on player behavior, including their gambling frequency, duration, and amounts wagered. This data helps identify potential problem gambling behavior and can also be used for research purposes. By default the platform processes deposits and payouts. Optionally additional interface to the gaming companies enables individual betting transactions to be collected.
- Player identification: Ether Monitoring works with both MNOs and Gaming companies to verify the age and identity of their players, ensuring that only those who meet the legal age requirements can participate. All transactions are keyed on the consumers phone number (MSISDN) and unique ID.
- Limits and controls: Ether Monitoring offers tools and options that allow players to set limits on their gambling activity, such as deposit, loss, and time limits. These tools help players manage their gambling behavior and prevent excessive gambling. These limits apply across all gaming companies, rather than being individually implemented.
- Self-exclusion: Ether Monitoring offers self-exclusion options, allowing players to voluntarily ban themselves from gambling activities for a specified period. This helps players regain control of their gambling habits and prevent further harm. Again these controls apply across all gaming companies.
- Monitoring and analytics: Ether Monitoring use data analysis and algorithms to monitor player behavior and identify potential problem gamblers. This may include detecting unusual patterns, sudden increases in betting activity, or signs of chasing losses.
- Intervention: When Ether Monitoring identify potential problem gamblers, alerts may be sent to the gaming companies, to engage the consumer in education processes on safe gambling.
- Continuous improvement: Ether Monitoring regularly review and update their policies and procedures to ensure they remain effective and in line with industry best practices and regulatory requirements.
By implementing a comprehensive responsible gambling monitoring process with Ether Monitoring gaming companies can help create a safer gambling environment and minimize the potential harms associated with problem gambling.
