Outlines Archives - Keno Wizard https://kenowizard.com/tag/outlines/ The Ultimate Keno Destination for Odds, Tips & Tricks Sat, 09 Dec 2023 08:50:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Outlines Archives - Keno Wizard https://kenowizard.com/tag/outlines/ 32 32 230792155 UK Government Outlines Who May Benefit from Gambling Addiction Treatment https://kenowizard.com/2023/12/09/uk-government-outlines-who-may-benefit-from-gambling-addiction-treatment/ https://kenowizard.com/2023/12/09/uk-government-outlines-who-may-benefit-from-gambling-addiction-treatment/#respond Sat, 09 Dec 2023 08:50:38 +0000 https://kenowizard.com/2023/12/09/uk-government-outlines-who-may-benefit-from-gambling-addiction-treatment/ The majority of people who are in this group would benefit from level 2 intensity treatment the government argues, or some 970,000 people. This means that the people in question would benefit from two or three sessions of motivational interviewing which is administered by gambling specialists. Treatment Levels Vary By Intensity, But They Do Have [...]

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The majority of people who are in this group would benefit from level 2 intensity treatment the government argues, or some 970,000 people. This means that the people in question would benefit from two or three sessions of motivational interviewing which is administered by gambling specialists.

Treatment Levels Vary By Intensity, But They Do Have an Effect

Some 243,000 adults, though, would need a level 4 intensity treatment, the government specifies, as this is designed to be a far more comprehensive and demanding treatment course with 8 to 14 sessions which are administered by cognitive behavioral therapy psychologists, who specialize in gambling disorder.

Furthermore, another 40,000 individuals would need a 12-week residential treatment program, which is the most intensive form of care. There is no exact way to tell which people will benefit from what program exactly, as practitioners must also play a role in deciding, but the government’s estimates offer robust guidance.  

The data was commissioned by the Office for Health Improvement and Disparities and conducted by the University of Sheffield and the University of Glasgow. It’s an interesting research and approach, as it directly seeks to quantify how many people would benefit from treatment.

Not only that but owing to this data, government and industry groups can calculate the costs of such interventions. Although the exact costs of these sessions are not exactly established, they would give the government a rough estimate of what is needed to address the issue.

Of course, if people are actively receiving treatment, they would have to be followed up to see if the treatment was efficient. There are several reasons to be optimistic, however, as GambleAware recently shared its optimism that interventions are having a positive impact.

Focus the Funds Where They Are Needed the Most

This means that treatment and interventions are efficient even if they cost money. Then again, there is the proposed rise of a gambling levy that would go directly to charities and treatment service providers, designed to ensure that individuals who need gambling treatment get it.

More importantly, UKGC’s latest data will allow the efforts to be focused. Earlier interventions and treatments to more people are more cost-efficient it seems, and they may even be administered in groups.

As GambleAware found out, treatment helps 9 out of 10 people, so all the more reason to seek and ensure that these solutions reach people.

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MGM Resorts Outlines of Its Best First Quarters in Q1 2023 https://kenowizard.com/2023/05/02/mgm-resorts-outlines-of-its-best-first-quarters-in-q1-2023/ https://kenowizard.com/2023/05/02/mgm-resorts-outlines-of-its-best-first-quarters-in-q1-2023/#respond Tue, 02 May 2023 05:15:54 +0000 https://kenowizard.com/2023/05/02/mgm-resorts-outlines-of-its-best-first-quarters-in-q1-2023/ MGM Resorts reported its first-quarter results in 2023 on Monday, arguing that the numbers were some of the best quarterly performance that the company has posted in its history. Las Vegas Strip Resorts and MGM China have both driven a strong performance for the company owing to increased business volume and travel activity. MGM Resorts [...]

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MGM Resorts reported its first-quarter results in 2023 on Monday, arguing that the numbers were some of the best quarterly performance that the company has posted in its history. Las Vegas Strip Resorts and MGM China have both driven a strong performance for the company owing to increased business volume and travel activity.

MGM Resorts Posts Strong Results Across the Board

Operating income for the quarter stood at $731 million, a significant gain from the $106 million posted in the first quarter of 2022. Part of this result was driven by the disposition of Gold Strike Tunica in February 2023, which gave the company a significant boost.

The net income attributable to MGM Resorts alone was $467 million, still an impressive performance to post in a single quarter. This made the company take a harder and closer look at its individual operations in its main operations.

Net revenues from the Las Vegas Strip Resorts stood at $2.2 billion, which was better than Q1 2022’s $1.7 billion. The changes in the results were more or less attributable to the inclusion of The Cosmopolitan this year and the fact that there has not been a new COVID-19 variant suppressing operations.

MGM China also posted $618 million in net revenues, beating Q1 2022’s $268 million, which marked a 130% increase, but still, 16% shorter of the mark when compared to Q1 2019. The lifting of travel restrictions, though, continued to offer great results for the company’s operations in the SAR. Then, MGM Resorts had a breakdown of regional operations, which reached $946 million in the current quarter, a fairly small increase from Q1 2022’s $891 million.

Great Revenue, New Opportunities Awaiting

The company was very pleased with the results achieved over the period. The consolidated net revenues stood at $3.9 billion, or a 36% increase from Q1 2022. The news was welcomed by Bill Hornbuckle who said that the company had four out of the country’s best-performing eight casinos.

He noted that the strong financial results have allowed the company to continue and buy back shares, as MGM Resorts is keen to continue strengthening its finances as well as control over its own assets. The strong results posted from Las Vegas and Macau have been strong contributing factors to this. More good news is possibly coming down the road, as MGM now has its eyes set on New York and Japan, which could shoot its operational results up.

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