The Social Impacts of Gambling
The impact of gambling
Gambling has a wide range of negative effects, from problem gambling to financial losses. If you or a loved one is concerned about your gambling habits, there are a number of organisations that offer support and assistance to people with problem gambling.
There are also social impacts of gambling that can affect individuals, families and communities. These are often overlooked by studies, but they are important to understand as they can have a positive or negative impact on the individual and the broader society.
The social impacts of gambling can be categorized into three classes: financial, labor and health, and well-being. The costs and benefits of gambling can be structuralized using a conceptual model.
Costs are based on economic analysis, while benefits are more abstract and cannot be quantified in a simple way. In this model, social impacts are grouped under the following categories:
Economic analyses evaluate the impact of gambling on individual finances, which can include changes in the income and debt levels of the gamblers. These effects can have a long-term impact on the individuals’ lifestyle and can influence other areas of their life.
These include their relationship with money, employment, education and family life. This can be a very positive effect for gamblers because they are encouraged to develop healthier financial and career management skills.
Those who have problems with gambling need to learn how to deal with their emotions in healthier ways. This can be done through a number of activities, including exercising, spending time with friends who don’t gamble, taking up new hobbies and practicing relaxation techniques.