The effects of gambling are diverse and include social, personal, and economic costs. Most studies of gambling have measured economic costs and benefits. However, few have studied the social impacts of gambling. Those who have investigated the social costs of gambling have found that it is the negative effects of gambling that are the most important. While social costs are not measurable in terms of economic activity, they are nonetheless significant. Despite these benefits, a gambling-friendly environment should promote economic well-being.
Gambling is an entertainment activity that has become a global phenomenon. Many jurisdictions have banned or heavily regulated gambling activities. This largely promotes gambling tourism and illegal activity in prohibited areas. Because gambling provides significant government revenue, governments and gaming organizations are closely aligned. In addition to providing entertainment, legal gambling also helps to maintain government services and public safety. But it does not have to be this way. Here are some of the consequences of gambling.
If you have a gambling problem, seek treatment. First, make friends with people who share your values and beliefs. Often, those closest to a problem gambler will be most open about their feelings and emotions. Getting help may help you overcome your gambling urges. Try talking with your GP or psychologist, enroll in a gambling-related education course, volunteer for a worthy cause, or join a peer support group. Another great option is Gamblers Anonymous. The 12-step program is modeled after Alcoholics Anonymous, and it requires members to choose a “sponsor” (a former gambler) to provide them with guidance and support.