We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
NEW YORK DAWN™NEW YORK DAWN™NEW YORK DAWN™
Notification Show More
Font ResizerAa
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Reading: Can A.I. Help Casinos Cut Down on Problem Gambling?
Share
Font ResizerAa
NEW YORK DAWN™NEW YORK DAWN™
Search
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Follow US
NEW YORK DAWN™ > Blog > Technology > Can A.I. Help Casinos Cut Down on Problem Gambling?
Can A.I. Help Casinos Cut Down on Problem Gambling?
Technology

Can A.I. Help Casinos Cut Down on Problem Gambling?

Last updated: March 8, 2022 10:02 am
Editorial Board Published March 8, 2022
Share
SHARE
08AI GAMBLING1 GIF facebookJumbo

Since starting in 2018, Mindway has contracted its services to seven Danish operators, two each in Germany and the Netherlands, one global operator and a U.S. sports-gambling operator, Mr. Kjærgaard said. The online gambling giants Flutter Entertainment and Entain have both partnered with Mindway as well, according to the companies’ annual reports.

Since this technology is so new and there’s no regulatory body setting a standard, Mindway and similar companies are, for now, essentially on their own. “We wanted to be able to say to you, to anybody else — operators, obviously — that not only do we provide this scientific-based software, but we also want to have a third party to test the validation of what we do,” Mr. Kjærgaard said. “But it is a paradox that there’s no specific requirements which I can ask my team to fulfill.”

Currently, Mindway’s technology lives mostly in online gambling. Operators attach Mindway’s GameScanner system to their portal, and it analyzes not only individual risks, but total risks for the system. Applying that level of oversight to in-person gambling is much more difficult.

One example of a measure of success can be found in Macau. Casino operators there use hidden cameras and facial-recognition technology to track gamblers’ betting behavior, as well as poker chips enabled with radio-frequency-identification technology and sensors on baccarat tables. This data then heads to a central database where a player’s performance is tracked and monitored for interplayer collusion.

This, Mr. Kjærgaard said, is the future: The financial incentives will drive success. “Smart tables” and efforts to address money laundering and financial regulations may eventually provide the data that will supercharge the application of A.I. to in-person gambling.

(It also highlights another difficulty in applying A.I. to gambling: cultural differences. In Chinese casinos, Ms. Abarbanel said, the players are used to this level of monitoring; not so in the United States.)

A.I. would certainly work for casinos when it came to marketing, promotions and game-suggestion, Mr. Feldman said, but despite progress in recent years, he remains skeptical of its use to help problem gamblers. The application of such a tool may be better used personally instead of broadly, he believes, much like the “Your spending is 25 percent higher than last month” reminders that pop up in online banking accounts.

You Might Also Like

Implicit Conversions ports Xseed’s Milano’s Odd Job Assortment to PS4

Mundfish Video games pronounces Atomic Coronary heart II after first recreation cleared 10M bought

Mundfish unveils two new video games: The Dice and In poor health

IO Interactive marries Hitman with 007 and MindsEye

Think about Dragons brothers unveil Evening Avenue Studios’ zany 5v5 crew shooter Final Flag

TAGGED:AISpecialReport2022Artificial IntelligenceCasinosGamblingRegulation and Deregulation of IndustryThe Washington Mail
Share This Article
Facebook Twitter Email Print

Follow US

Find US on Social Medias
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Popular News
Diedrick Brackens Unravels and Re-Weaves Histories
Art

Diedrick Brackens Unravels and Re-Weaves Histories

Editorial Board March 14, 2025
The Mughal Empire’s Paradise on Earth
Mets’ Edwin Diaz flashes trademark velocity in dominant inning vs. Yankees
Useful genetic adjustments noticed in common blood donors
Theranos Trial Starts for Ramesh Balwani, Elizabeth Holmes’s Ex-Partner

You Might Also Like

Brass Lion Leisure unveils co-op motion RPG Wu-Tang: Rise of the Deceiver
Technology

Brass Lion Leisure unveils co-op motion RPG Wu-Tang: Rise of the Deceiver

June 7, 2025
Marvel’s Deadpool VR coming for Meta Quest 3 and 3S
Technology

Marvel’s Deadpool VR coming for Meta Quest 3 and 3S

June 6, 2025
Sam Altman requires ‘AI privilege’ as OpenAI clarifies court docket order to retain momentary and deleted ChatGPT periods
Technology

Sam Altman requires ‘AI privilege’ as OpenAI clarifies court docket order to retain momentary and deleted ChatGPT periods

June 6, 2025
Tetris Firm celebrates World Tetris Day with 520M items offered so far
Technology

Tetris Firm celebrates World Tetris Day with 520M items offered so far

June 6, 2025

Categories

  • Health
  • Sports
  • Politics
  • Entertainment
  • Technology
  • World
  • Art

About US

New York Dawn is a proud and integral publication of the Enspirers News Group, embodying the values of journalistic integrity and excellence.
Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Term of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 New York Dawn. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?