Lifestyle Economics

Over-regulating the gambling industry carries its own risks

Christopher Snowdon writes in the Telegraph

After releasing a new report on gambling regulation, IEA Head of Lifestyle Economics Christopher Snowdon has penned an article for The Telegraph arguing that paternalistic anti-gambling regulations will not help problem gamblers.

Christopher argues technology is the best way to deal with problem. Algorithms can be used to identify ‘markers of harm’, such as chasing losses, switching between products and playing late at night. These red flags trigger interventions. Blanket bans which infringe on an individuals right to have fun are not the answer to problem gambling.

Read the full article now.