The Effects of Gambling
The effects of gambling have been documented at many levels: at the personal level, interpersonally with friends and family, and in communities. The impact on family members and friends is the most obvious, but it’s important to consider how gambling affects communities as a whole. Gambling can lead to homelessness and bankruptcy, which are very real consequences for the gambler and those around them. Even in countries where gambling is legal and popular, many people have experienced the financial burden of excessive gambling.
Research has also shown that financial harms caused by gambling are more common in deprived areas and among lower socioeconomic groups. These effects are more pronounced for indigenous groups, and problem gamblers with psychotic disorders are especially vulnerable to financial hardships. While causality is not always clear, researchers have found that gambling can affect people’s quality of life in ways that can be measured using “disability weights”. These disability weights can be used to evaluate intangible social costs, such as those caused by gambling, and to discover the extent to which they impact partners, family members, and social networks.
The impact of gambling is often measured in terms of the economic and social costs and benefits. Studies have generally ignored the social impacts of gambling. However, studies have found that there are positive effects from gambling. For example, tourism revenue is a good thing for a community, but illegal gambling can make a place a riskier place to visit. Additionally, gambling also creates job opportunities and increases crime. But what about the negative effects of gambling? It’s important to keep in mind that these studies don’t account for every single detail – and that’s why we need to continue to gather more data on this.