Many negative consequences can be associated with gambling addiction, which is a serious problem. Many gamblers become addicted to the dopamine rush that they experience while betting, which can lead them to lose money and encounter other issues such as theft and fraud. In contrast to other addictions like alcohol and drugs, this type of condition is commonly underestimated. Early in the course of the illness, there may be no obvious symptoms, and those around the patient may mistake it for a hobby or something that helps the patient relieve stress.
Pathological gambling disorder is different from enjoying gambling because it’s an addiction that leads to compulsive and uncontrolled gambling. Gamblers with gambling problems can’t stop playing even when they’re in debt or losing money. They may gamble to escape problems or relieve boredom. Compulsive gambling disorder is a mental health disorder that needs treatment.
While gambling is old with humanity, there is a negative tendency in the world. We can find online and offline casinos everywhere, and it is so easy to bet on something, not to mention the lottery. Casinos, lotteries, and gambling are limited to adults, but online gambling cannot be controlled effectively yet, so the number of young gamblers increases constantly. The problem is that this addiction can be developed in anyone regardless of age, gender, or social class. It is not just a problem for people who are struggling financially.
Below I have collected some interesting gambling addiction facts and statistics worldwide that may help us understand this disorder better.
An Overview of Gambling Addiction
- According to statista.com, there are 466 commercial casinos in the USA. That means in every bigger city we can find one. Fortunately, the number of casinos is relatively constant.
- Statista.com estimates that the global casino and online gambling industry was worth 231 billion dollars in 2021.
- There’s a higher rate of gambling addiction among men. Gambling was twice as common for men (69 %) as for women (36 %). (Source) Men are more like to play just for fun or for social reasons. The majority of women who gamble do it for charity or as a way to relieve stress, loneliness, and boredom.
- While we think that gambling is the whim of the rich, it has been proved that lower-income people suffer more from this mental problem. The reason might be that gambling seems to be an easy way to get money to solve financial problems. It supports another fact that the number of compulsive gamblers is high among the unemployed.
- Substance abusers are more likely to develop gambling addictions. It’s because gambling can be used to cope with withdrawal symptoms and self-medicate. Furthermore, it can be an escape from reality and numb emotions.
- People between 25 and 44 are most likely to get addicted to gambling. In this age group, people tend to be more financially secure and have a more significant disposable income than those in older or younger age groups. Casinos and sports betting are also more likely to be enjoyed as social activities.
- There is an increased risk of gambling addiction in people with gambling addiction in their families. This could be due to partial genetics. Also, growing up in a family where someone played is a sort of negative norm that he may follow in the future.
- People who live near casinos or other places to gamble are more likely to get addicted.
- Young people risk many dangers when they engage in online gambling. It is easy to become deceived by the temptation of winning big and the ease of access. Mentally and emotionally developing youth are particularly vulnerable. It is common to be unaware of the potential risks associated with gambling or the possible consequences. Lastly, young people are often unaware of online gambling scams.
- One out of every 25 teens has a gambling problem. Teenagers often gamble to relieve boredom or stress. Eventually, they spend too much money and can’t stop themselves. The effects on teens and their families can be devastating. Those who gamble may lose interest in school and lie to cover up their gambling habits.
- High levels of stress can explain the link between gambling and suicide. The pressure on gamblers to keep gambling and make risky bets to recoup their losses can be intense. The realization that they cannot regain what they have lost can lead to feelings of hopelessness and despair.
- It is estimated that more than two-thirds of compulsive gamblers commit crimes directly related to gambling. A variety of crimes can be executed in an attempt to fund gambling habits. These include stealing money or possessions, fraudulently obtaining money or items, and even engaging in criminal activity. These activities can sometimes lead to serious legal trouble and even prison time.
- According to the National Council on Problem gambling, gambling addiction affects 2-3% of Americans.
Gambling addiction can ruin lives. However, knowing the facts and statistics about it can help people understand and cope with the condition. Gambling addiction can lead to financial ruin, as well as problems in personal relationships. It can also lead to mental health problems such as depression and anxiety. Resources are available to help you or a loved one with a gambling problem.