Gambling is an activity in which something of value, such as money or goods, is staked for the chance of winning more. People gamble for many reasons, from the adrenaline rush of winning to socialising or escaping worries and stress. But for some, gambling can get out of control and lead to serious harm, including mental illness. If you or someone you know has a gambling problem, there is help available.
Harms related to gambling include financial stress, relationship breakdown, family violence, mental illness and suicide. It can also have long-lasting negative impacts on health, even extending into future generations. This is because the harms can be cumulative and are often exacerbated by other factors, such as depression or alcohol misuse.
The positive economic impact of gambling can include job creation, increased consumer spending, and infrastructure improvements funded by casino revenues. It can also benefit communities by attracting tourists and providing local charities with a source of funding. However, the growth of gambling is slowing, partly due to a sluggish economy and declining advertising revenues. In addition, the growth of online gaming has reduced the demand for land-based casinos.
There is a strong link between mental health problems and gambling problems, especially for those with depression or bipolar disorder. If you or a loved one is experiencing these symptoms, seek help immediately. There are support groups and self-help tips that can help you manage your gambling.
People are more likely to gamble when they are in a low mood, and it can be difficult to break the habit of gambling when you’re depressed. It’s important to try and find healthier ways to cope with your emotions, like exercise or talking to a friend.
Taking control of your finances is another way to reduce your risk of gambling problems. Often, people with a gambling problem spend more than they earn, leading to debt and a precarious financial position. Debt advice can help you get back on track, and StepChange has a free service to help you budget, cut costs and manage your finances.
If you’re struggling to cut down on your gambling, it can help to set clear goals for yourself, such as cutting back on your weekly spending. Alternatively, you could take up a new hobby or try to focus more on your work. It’s also a good idea to get some support from friends and family, or join a support group for people with similar issues.
