Gambling is an activity that involves the exchange of real money for a chance to win a prize whose value is determined at least in part by chance. Gambling is an enjoyable social activity for many people, but a small number of individuals become heavily involved in gambling to the point that it negatively impacts their personal and family lives, as well as society as a whole.
Although gambling does not create jobs, it can stimulate economic growth in local communities through increased consumer spending and tax revenue. Local governments often use the revenues generated by gambling to invest in infrastructure improvements, support local businesses through partnerships and sponsorships, and provide public services that are not directly related to gaming.
While most individuals gamble responsibly, a small percentage become heavily involved in gambling to the point that they experience significant and negative personal, family, and financial effects. Problem gambling is characterized by an inability to control one’s behavior and by preoccupation with the thought of gambling. People with this condition may conceal their gambling and even lie to others about it, feeling that if they admit their gambling habits to others they will be perceived as weak or guilty.
When a loved one is struggling with problem gambling, it’s important to build a strong support network. Consider joining a community group, such as Gamblers Anonymous, a 12-step program modeled after Alcoholics Anonymous. Also, consider taking over the management of your loved one’s money to help him or her set financial boundaries and avoid gambling-related debt.