When he started to go through personal issues at home in , he found himself at the casino trying to burn off some steam. Advertisement Soon enough, however, he preferred online gambling. I didn't have to answer to anybody. Regardless of the legality, the growing prevalence of gambling in society helped him legitimize his habit to himself.
Advertisement In the U. Gambling advertisements litter the country, and more than 20 states now allow casinos , compared to just nine in Roughly the same number have legalized online sports betting and more people are pushing for legal online casinos as well.
Politicians say the legalization of gambling provides states with much-needed additional revenue and allows the government to more adequately oversee gambling and responsibly help those who develop issues. Do you have insight into the online gambling industry?
How has it affected your life? We want to hear from you. From a non-work device, contact our reporter at maxwell. Advertisement The omnipresence of gambling and gambling-like activities has made financial catastrophe a few clicks away for anyone with a phone. Experts increasingly see the simultaneous rise of online sports betting, online casinos legal or not , cryptocurrency trading, and day trading as the same root thing—gambling—with the same root issues.
Often, they even involve the same people. Survey data out of the National Council on Problem Gambling last year found a significant correlation between people who trade on a weekly basis and gamble as well. The true extent of the issue is only now starting to emerge and is in need of additional study, said Lucas Trautman, the medical director of Oxford Treatment Center in Mississippi and a psychiatrist who has helped people with addictive disorders including gambling. Cindi M. Advertisement The effect on young people—and particularly young men—has been noticeable to Cindi, whose own sons have told her that all their friends gamble these days.
That lines up with additional survey data from the National Council on Problem Gambling, which has found that over 40 percent of people ages gambled online last year—compared to just 21 percent of people ages —and that over a quarter of them increased the amount they played during the pandemic. The temptation is always there. You can stay away from casinos and racetracks but you can't stop using your phone. But it certainly can contribute to an increase in the rate and severity.
Part of the issue, she said, is that problem gambling has become harder to detect. People with gambling problems less often exhibit physical symptoms compared to people with substance abuse issues. Like, where the heck am I going to get this money?
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