Gambling is an activity where people wager something of value on a random event with the intention of winning a prize. The term “gambling” includes all activities of placing bets, wagering and playing games of chance. This can include sports betting, casino games and even lotteries. Gambling can have both positive and negative effects on the gambler, as well as on society/community. These impacts can be seen at the personal, interpersonal and community/societal levels (see Fig. 1).
On the personal level, gambling can induce financial impacts such as changes in finances, loss of income or savings and debt accumulation. These can also affect the personal and professional lives of the gamblers, including their family members. The interpersonal level includes the psychological and social impacts of gambling, which can lead to problems such as compulsive and addictive behaviour.
The community/societal level includes the external economic impacts of gambling, such as changes in gambling revenues, tourism and other industries. The community/societal level can also include a range of other social impacts, such as the effects on health and well-being.
There are many benefits of gambling when done responsibly. However, for some people it can become a serious problem. For example, it can cause you to spend more than you can afford and increase your debt. If this is the case for you, it’s important to seek help. You can speak to a StepChange debt advisor free and confidentially on 0800 138 1111. They can help you to get back in control.