Published On: Mon, Oct 7th, 2024

Playtech Joins with UNLV International In Responsible Gambling Partnership

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Playtech has long prioritized the development of safe and responsible gambling solutions. Since its inception in 1999, the company has been at the forefront of this critical issue, integrating responsible gambling technology into its comprehensive Playtech Protect ecosystem. The company’s dedication to this cause is further exemplified by its acquisition of BetBuddy, an AI-powered solution that utilizes behavioral monitoring and risk modeling to detect problem gambling early on. Additionally, Playtech’s Italian division, Snaitech, has secured the prestigious G4 international certification for responsible online gambling.

The partnership between Playtech and the UNLV IGI represents a strategic alliance between industry-leading expertise and academic excellence. The UNLV IGI is a renowned nonprofit organization, established in 1993, that provides invaluable insights, education, and solutions for the global gaming industry. With its extensive research and collaboration with over 50 worldwide jurisdictions, the IGI has established itself as a trusted authority in areas such as responsible gambling, regulation, policy, sports, and esports.

At the heart of this partnership is a shared commitment to exploring the potential of cutting-edge technologies in promoting responsible gambling. Playtech has committed funding to an IGI project aimed at investigating the use of AI and machine learning in training chatbots to encourage responsible gambling behaviour among players. This innovative approach promises to revolutionize the way the industry addresses problem gambling, leveraging the power of artificial intelligence to provide personalized support and guidance to users.

Beyond the technological advancements, the Playtech-UNLV partnership also encompasses a broader scope of initiatives. Playtech is supporting the Gaming Manufacturing Internship Program at the IGI’s Center for Gaming Innovation, providing valuable opportunities for students to gain hands-on experience in the industry. This collaboration not only nurtures the next generation of gaming professionals but also ensures that responsible gambling principles are embedded into the industry’s future.

The Playtech-UNLV partnership aligns with the growing emphasis on responsible gambling within the gaming industry. Recent data from the American Gaming Association (AGA) reveals that the industry spent a record $471.8 million on responsible gaming initiatives in 2023, and so this collaboration between Playtech and the UNLV IGI represents a significant step forward in this collective effort, leveraging cutting-edge research and innovative solutions to create a safer and more sustainable gaming landscape.

Concurrent with the UNLV partnership, Playtech has also announced the expansion of its joint iGaming venture with bet365 to the state of Pennsylvania.

The partnership between Playtech and the UNLV IGI is poised to have a transformative impact on the industry’s approach to responsible gambling. By combining Playtech’s expertise in gambling technology and player protection with the UNLV IGI’s research-driven insights, the collaboration aims to develop innovative solutions that empower safer gambling behaviors among players worldwide.

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