Gamstop, the UK’s self-exclusion scheme for online casinos and sports betting platforms, has witnessed a notable surge in usage among 16-24-year-olds during the first half of 2023. The service reported a 30% increase in users within this age group, with young adults representing 21% of new sign-ups during this period. Gamstop also recorded a 12% overall increase in new registrants compared to the previous year, totaling 48,000 consumers who opted to utilize the service.
Youth Participation and Trends:
The sharp rise in young adults using Gamstop highlights the growing awareness and importance of self-exclusion tools among this demographic. In the first half of 2023 alone, half of the new users chose to exclude themselves from gambling for the maximum term of five years. This trend reflects the increasing recognition of self-exclusion as a valuable resource for individuals seeking respite from gambling-related harm.
CEO’s Perspective:
Fiona Palmer, CEO of Gamstop, emphasized the vital role the service plays in helping consumers protect themselves from gambling-related issues. She underscored the significance of these statistics, which contextualize the impact of self-exclusion and affirm its role as a crucial tool for individuals seeking a gambling break.
Research Findings and Youth Well-being:
Recent research conducted by Gamstop and Ygam, a charity dedicated to educating on the effects of gambling on young people, revealed concerning statistics. One in four students who gamble during their educational years may experience harm, with half of students reporting that gambling has affected their university experience negatively.
Continued Support and Funding:
Earlier this year, GamCare, Gamban, and Gamstop announced they secured funding from GambleAware for a three-year extension of their collective efforts to address and combat gambling-related issues. This funding will further support initiatives aimed at promoting responsible gambling and self-exclusion.
The significant increase in young adults using Gamstop underscores the critical role self-exclusion services play in mitigating gambling harm. As awareness grows, these tools empower individuals, especially within the 16-24 age group, to exercise control over their gambling habits. The ongoing support and funding for such initiatives reflect a commitment to fostering responsible gambling practices and enhancing the well-being of vulnerable individuals.