In 2024, the gambling industry's New Year's goals, as outlined by Gambling Insider, are highlighted. Gambling Insider stands as one of the authoritative publications in the specialized realm of the gambling business. During the initial weeks of the new year, GI published a philosophical discourse exploring the intersection between personal and public aspects, emphasizing the need for strategic planning for both individual development and the advancement of the gambling industry.
The tradition of New Year's planning persists, whether individuals actively manage their time and set goals or approach the process with reluctance. As the New Year unfolds, the collective desire often revolves around seeking avenues to evolve into improved versions of ourselves. Rather than solely focusing on self-improvement, the suggestion is to reflect on unmet goals, contemplating additional attempts that might yield success, perhaps on a third or fourth endeavor.
For those embracing optimism, New Year's resolutions and goals serve as opportunities to ponder the past year, setting strategic objectives for self-improvement with the aspiration of concluding the year as happier and wiser individuals. Gambling Insider takes a keen interest in scrutinizing the commitments that the gambling industry must uphold, while also acknowledging the need to leave certain facts behind in 2023.
Goals And Aspirations For 2024
Outlined as goals and aspirations for 2024, the industry is encouraged to enhance listening skills, extending beyond audiobooks and podcasts to encompass colleagues and employees. MGM China President and COO Hubert Wang, emphasizing the significance of listening in running his company, serves as a testament to the importance of this skill in the business realm.
Personal Growth:
While the notion may sound cliché, creating space for personal and professional growth is a universal pursuit. This doesn't necessitate allocating five hours a week to fitness classes or mastering a foreign language in a short span of three months. Incremental changes, like adopting a more optimistic life perspective, can yield substantial transformations. For those who've been ensnared by pessimism in the past year, experimenting with a glass-half-full approach may prove enlightening.
Engagement with People and Communities:
Amidst our ongoing adaptation to the digital age, it remains imperative to acknowledge that the cornerstone of any business is people. Whether fostering connections with communities beyond our daily routines or engaging with the individuals surrounding us regularly, the new year acts as a prompt to consider the broader perspective. It's effortless to become absorbed in personal thoughts and emotions, yet it's crucial to remind ourselves to view the world through a more global lens. This serves as a beneficial reminder for everyone.
At an industrial level, gaming companies are progressively intertwining, encompassing Corporate Social Responsibility (CSR) and responsible gaming. The aspiration is for this trend to persist into 2024. The commitment is to operate ethically, extend respect to competitors, and advocate for responsible gaming rooted in ethical principles, not merely for appearances.
What to Leave Behind in 2023
Excessive Promises
One New Year's trend that the industry should discard is the habit of over-promising. Grand announcements at the start of the year can demotivate, overshadowing smaller victories. Year after year, many individuals commit to goals that are often unattainable in scale or time frame, whether in business or personal pursuits. While not discouraging ambition, exercising prudence in setting achievable goals is a skill that often leads to sustained success. Envision a scenario where ambitious goals impede financial progress from the outset – a situation no leader desires.
Screen Dependency
A prevalent habit that needs leaving behind is excessive screen time. Whether on phones, laptops, or other devices, spending significant hours looking at screens has become commonplace. While acknowledging the necessity for screens in work, it's vital to explore alternatives. Instead of endlessly scrolling through social media, consider engaging in activities like reading a book. Whether fiction or non-fiction, books about inspiring individuals or those aiding in achieving business goals can offer a refreshing break from screen-related activities.
Unhealthy Habits
Embracing clean living, beneficial for both individuals and businesses, is essential. As we transition into 2024, the gaming industry must address responsible gaming compliance issues and allegations of unfair practices. MGM China President and COO Hubert Wang raises the question of whether the industry can leave these concerns behind. The New Year provides an opportunity for a fresh start, encouraging healthier choices such as limiting coffee intake, adopting healthier eating habits, and abandoning detrimental behaviors. Clean living, advantageous for both personal and professional spheres, is crucial.
The gambling industry faces legal challenges in 2023, with significant fines imposed following investigations. Entain is mandated to pay £585 million ($737.4 million) due to a bribery probe, while Crown Resorts faces a A$450 million ($294 million) fine over alleged involvement in illegal gambling. Gambling Insider expresses hope that the gambling industry can enter 2024 with a clean slate, striving for improvement and ethical practices.
As the New Year commences, individuals and businesses alike can benefit from embracing new values or intentions. Gambling Insider advocates for the age-old ritual of planning, urging everyone to reflect and plan before embarking on actions in 2024. Whether breaking old habits or generating fresh ideas, taking time for thoughtful consideration can pave the way for a successful and fulfilling year ahead.
