The Social Costs of Gambling

The social costs of gambling are largely ignored in studies of the effects of gambling on society. Studies have only studied the economic costs and benefits of gambling, without addressing social impacts. By contrast, Walker and Barnett define social costs as harm caused to someone, without benefiting anyone in return. The social cost of gambling is more than just financial; it is also a matter of social, rather than personal, welfare. The social costs of gambling are important because they may be overlooked by those who seek to understand the social impacts of gambling.

Teenagers with gambling problems may not necessarily experience financial difficulties, although they may show signs of secrecy about it. They may also deny that it is a problem, claiming that it is a form of entertainment, much like drugs. If you suspect that your teenager has a gambling problem, seek help from a psychologist or GP. A peer support group can be of assistance as well, and there are many groups available online. Another option for gambling help is Gamblers Anonymous, a 12-step program patterned after Alcoholics Anonymous. Individuals in Gambling Anonymous are required to have a sponsor, a former gambler who can provide guidance and support.

If you or someone you know suffers from a gambling addiction, you can try therapy. BetterHelp has therapists in all locations and can help match you with a therapist based on your specific needs. The BetterHelp website is reader-supported, so clicking the link below may result in a small commission for us. Admitting that you have a problem is difficult, but you are not alone. There are many people who have overcome gambling problems.