Gambling is an everyday fun activity worldwide with several perks: enjoying the best games and winning real money. However, while some gamble responsibly without any issues, others may suffer from gambling addiction, risking their finances and lives.
The compulsive obsession with gambling is popularly known and it isn’t easy to control. The good news is you can still cure or manage your addictions.
So, how do you identify gambling addiction patterns & curb this act? If you’re a gambling addict or know someone who is, reading this casino news may help you save a life. Let’s go!
Understanding Gambling Addiction
Addictive gambling has become more rampant. There was only one Las Vegas a few years ago; now, there’s a Las Vegas on every mobile device (Online gamblers constitute 77% of all addicted gamblers). Today, you can gamble on anything: sports betting, elections, weather, etc, as long as you have your money. Highly lucrative slot machines also take a toll on gamblers. Over 50% of online slots players have gambling problems.
Gambling addiction is a compulsive addiction caused by gambling and other related practices. This addiction usually involves one risking money and other valuables in return for winning chips and bets in Multihand Blackjack and other casino games. Like other addictions, this common vice can inflict severe harm. Physically, financially, and psychologically.
The growing rate of addictive gambling has become a significant concern for the public in several countries. In the USA, over 5.7 million people were diagnosed with an addiction that required treatment. In 2022, US gamblers wagered $250 billion, an average of $764 per person.
Today, that figure stands around 6.2% of the entire population. This means that there are about 20 million Americans ranging from teenagers, men, and women from various age groups and races struggling with a gambling addiction.
China tops the chart of gambling addicts worldwide with 60 million people, about 4% of the Chinese population.