In the world of gambling, a concerning trend has emerged that puts vulnerable individuals at risk. Criminals are cunningly cracking self-exclusion defenses, allowing them to prey on those who have voluntarily barred themselves from gambling. Yield Sec, a leading authority on the gambling industry, has been closely monitoring this issue and exposing the extent of the problem.
Vulnerability Victimization
While licensed operators face penalties for breaching self-exclusion rules, illegal operators are taking advantage of vulnerable audiences. They focus on acquiring players who have excluded themselves, utilizing search terms related to self-exclusion loopholes to lure them in. The illegal operators' goal is not only to acquire these players but also to maximize their revenue.
The Consequences of Exclusion
Sadly, individuals excluded by responsible gambling programs often find their way into the arms of illegal operators due to a lack of monitoring and safety checks. This situation poses significant harm as problem gambling meets illegal gambling operators.
A Growing Issue in Europe
Yield Sec's monitoring has unveiled the magnitude of this problem in various European countries:
United Kingdom: Illegal operators have been actively targeting Gamstop's audience, leading to a surge in their market share.
Sweden: Vulnerability victimization mirrors that of the UK, with notable surges during specific seasons.
Denmark: Illegals in Denmark surpass the UK in targeting self-excluded players and children, demanding constant monitoring.
The Netherlands: In this evolving market, illegal operators exploit the nascent understanding of legal versus illegal realities, targeting self-exclusion schemes.
Germany: Illegals prioritize targeting Oasis-scheme audiences, leveraging low acquisition costs and high revenue per player.
The Need for Action
Addressing this issue goes beyond blacklisting websites or apps. It requires constant monitoring, policing, and enforcement. Similar to tackling drug-related crime, eliminating illegal gambling requires proactive solutions and collaboration among legal stakeholders. Yield Sec aims to offer a safety net for regulators and exclusion scheme providers to combat this problem effectively.