AGA reveals responsible gaming spending reached a new high in 2023
The American Gaming Association (AGA) on Thursday (26 September) announced that responsible gaming spending by the gambling industry reached $472m (Ā£351.9m/ā¬422.3m) in the US in FY2023.
The trade group pointed to rising investments in five specific responsible gaming categories:
Customer service interactions: $135.4m
Developing and maintaining RG programmes: $122.4m
Consumer-facing RG education: $107.7m
Responsible gaming research/other non-profit RG organisations: $31.8m
Problem gambling supportive services: $26.1m
The AGA wrote that the $471.8m investment in 2023 is up 72% from the $275m spent in 2017. That was a year before the Professional and Amateur Sports Protection Act was overturned. At that time, legal sports betting and online casino became statesā rights issues.
āIndustryā¦ proactively investsā in responsible gaming
The survey was conducted by a āmajor accounting firmā. AGA members were polled between June-September of this year. According to the release, casino operators, online gaming and sportsbook operators and gaming equipment suppliers were queried.
āThis impactful rise in RG spending demonstrates the legal industryās dedication to fostering a safe and informed gaming environment,ā Joe Maloney, AGA senior vice-president, strategic communications said in the press release. āBeyond the considerable taxes gaming companies contribute to fund responsible gaming and problem gambling resources, the industry also proactively invests hundreds of millions of dollars more to ensure our customers have the tools, knowledge and safeguards to play responsibly.ā
In most legal US gambling jurisdictions, tax revenue is set aside for problem and responsible gaming initiatives. The money may be used for myriad programmes, including education and treatment.
Responsible gaming has continued to rise on the priority list in the gambling industry as more and more US jurisdictions legalise. How to manage RG is currently determined state to state. But there are two federal bills that seek to develop a national framework. Those bills would earmark dollars for research, education and help programmes. They seek to craft some federal regulations around advertising and other RG issues.
Earlier this month, US Representative Paul Tonko and Senator Richard Blumenthal introduced the SAFE Bet Act. In July, the GRIT Act, which would funnel the existing federal gambling excise tax to PG and RG programmes, was filed.
