Showing posts with label gambling. Show all posts
Showing posts with label gambling. Show all posts

Wednesday, May 21, 2025

AI is transforming gambling: Researcher explores the ethical risks; Phys.org, May 21, 2025

 Alisha Katz, , Phys.org; AI is transforming gambling: Researcher explores the ethical risks


[Kip Currier: It's good to see the increasing use of AI in online gambling getting more attention and scrutiny. The AI chapter of my forthcoming Ethics, Information, and Technology book for Bloomsbury also examines this worrisome intersection of AI, ethics, the online gambling/gambling industry, and gamblers themselves, some of whom are particularly vulnerable to AI-assisted manipulation efforts.

Imagine an AI system that knows when a habitual online gambler tends to place bets, what games they like to play and put money on, how much and where they gamble, etc. Couple that data with easily attained demographic profile data (often freely given by users when they sign up for online access), like age, gender, occupation, income level, and place of residence. Those individual data points enable a multi-faceted marketing profile to be rendered about that gambler.

Now, consider the above scenario but the individual is a repeat online gambler who's been trying to stop gambling. They're attending Gamblers Anonymous meetings (which the AI systems likely do not know) but are being methodically targeted on their smartphones by AI systems that know exactly what to send that person to lure them back in to the gambling world if they haven't been engaging in online betting for a while. That scenario is real. 60 Minutes reported on it in 2024:

Technology has fueled a sports betting boom and a spike in problem gambling, addiction therapist warns. June 30, 2024. 60 Minutes]


[Excerpt]

"As gamers and spectators prepare for the 2025 World Series of Poker in Las Vegas on May 27, a cultural conversation around AI and ethics in gambling is brewing.

Though the gambling industry is expected to exceed $876 billion worldwide by 2026, there is a growing concern that unregulated AI systems can exploit vulnerable individuals and profit from them.

UF researcher Nasim Binesh, Ph.D., M.B.A., an assistant professor in the UF College of Health & Human Performance's Department of Tourism, Hospitality & Event Management, is exploring this concern, having published a study in the International Journal of Hospitality & Tourism Administration about identifying the risks and ethics of using AI in gambling."