Summary
- Caesars Entertainment has awarded a new grant of $200,000 to support the ICRG.
- The company achieved this through the Caesars Foundation.
- The ICRG is dedicated to addressing the harms associated with gambling.
The Caesars Foundation has awarded a $200,000 grant to the International Council on Responsible Gambling (ICRG). This funding aims to support focused research on the psychological and biological triggers of addiction, ultimately enhancing the industry’s ability to prevent gambling-related harm.
Advancing research and education in responsible gambling
The charity organization supported by Caesars Entertainment is allocating $20,000 towards hosting the 26th Annual ICRG Conference on Gambling and Addiction. This event aims to shed light on key trends in gambling research. The ICRG is dedicated to enhancing research and education programs with the ultimate aim of reducing gambling-related harm and promoting responsible gambling. Their research is intended to improve global regulatory and player protection standards, rather than focusing on local industries. The remaining $180,000 will be used by the ICRG to fund a variety of competitive research and educational programs. These initiatives will address co-occurring mental health conditions, promote evidence-based treatment innovations, strengthen public health messaging, and enhance existing and future policies. ICRG President Arthur Paikowsky has praised this contribution as a crucial step in advancing the science of responsible gambling. “Together, we are helping to ensure that policies, treatment options, and prevention strategies are founded on rigorous and independent scientific evidence,” Paikowsky added, expressing gratitude to the Caesars Foundation for its support. Caesars Entertainment also expressed satisfaction with this partnership. Kiersten Flint, SVP of Corporate Social Responsibility and Internal Communications, commented: “Our partnership with the ICRG spans over 25 years, and we are honored to support their crucial work. At Caesars, we prioritize making our Responsible Gaming policies and programs available to all customers. The ICRG’s high-quality research on gambling disorders and responsible gambling aids us and others in preventing gambling-related harm.” There is a growing demand for advanced research in responsible gambling, as lawmakers and the industry need grounded best practices in response to increased regulatory pressures on gambling as a whole. However, the ICRG remains committed to objectively advancing the collective understanding of what triggers gambling addiction and leads to related harm, while also addressing the underlying causes.