Online Gambling is a global phenomenon that has seen rapid growth in recent decades, driven by the increasing accessibility of gambling products and their promotion through digital technologies. This increase has been accompanied by a rise in gambling harms, notably with the proliferation of high-intensity products such as electronic gaming machines (EGMs) and online casino games. The proliferation of these products and their marketing has also been facilitated by the normalization of gambling, often through sponsorship or other associations with popular sporting leagues and colocation in social settings.
Moreover, online gambling is accessible from almost anywhere, irrespective of geographic limitations and can be highly addictive. As such, it is important to consider the potential impact of this phenomenon on individuals who may be vulnerable to its harmful effects.
One of the major problems associated with gambling is its negative financial consequences, with people spending more than they can afford and going into debt as a result. This pattern of irresponsible spending can have significant adverse impacts on individuals’ financial stability, which is especially important when paired with other factors that increase the risk of problem gambling, such as poor money management skills and a tendency to make impulsive decisions.
Fortunately, there are treatment options available to help those who are struggling with online gambling. Support groups and counseling services can provide a safe space to discuss these issues with others and seek guidance from trained professionals. Additionally, there are programs that allow individuals to voluntarily ban themselves from online gambling sites, which can be an effective way to limit temptation and access. Lastly, financial counseling can help individuals to manage their finances and develop budgets that will reduce the impact of gambling on their lives.