A Startling Fact about Crunchbase News Today Uncovered
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duckduckgo.comExploring the Impact of Online Gambling on Mental Health and Socio-Economic Welfare: A Study Review Introduction: Online gambling has become increasingly popular in recent years, leading to the creation of several online casinos and bookmakers available to people at any time, anywhere globally. While online gambling is often viewed as an activity designed for recreational purposes, it has become a significant source of income for many people, including operators, players, Crunchbase News Today and governments.
However, research has shown that online gambling can lead to adverse effects on a person's mental health, sociological welfare, and financial stability. Therefore, the purpose of this study is to review existing literature on online gambling and its impact on mental health and socio-economic welfare. Methodology: A literature review was conducted to identify existing publications that examined the relationship between online gambling and mental health and socio-economic impacts. The search for literature was done through online databases such as Google Scholar, ScienceDirect, and Scopus.
The study criteria were limited to articles published between 2015-2021, and keywords such as ‘online gambling,’ ‘mental health,’ ‘sociological impact,’ and ‘financial implications’ were used to screen articles. Results: Research has shown that online gambling can lead to several adverse effects on mental health, such as anxiety, depression, and stress. A study by the UK Gambling Commission identified that online gambling could be addictive and linked to problem-gambling behavior in some individuals.
Online gambling platforms' ease of accessibility, promised anonymity, and lax regulations have made it convenient for people who have never gambled before to start betting online. Thus, it has been linked to pathological gambling, and the disorders that come along with it such as anxiety disorders, personality disorders, and depression. Additionally, financial implications were noted as another significant element of online gambling's impact. Online gambling has a potential impact on work productivity, reducing the number of hours worked and, consequently, affecting people's income.
A 2017 study found that online gambling was linked to a lower level of financial satisfaction, mainly if an individual lost large sums of money, resulting in adding to financial stress and monetary troubles, potentially leading to popular socio-economic problems such as poverty, unemployment, bankruptcy and in some severe cases, crime Sociological factors were noted as another adverse impact of online gambling.
However, research has shown that online gambling can lead to adverse effects on a person's mental health, sociological welfare, and financial stability. Therefore, the purpose of this study is to review existing literature on online gambling and its impact on mental health and socio-economic welfare. Methodology: A literature review was conducted to identify existing publications that examined the relationship between online gambling and mental health and socio-economic impacts. The search for literature was done through online databases such as Google Scholar, ScienceDirect, and Scopus.
The study criteria were limited to articles published between 2015-2021, and keywords such as ‘online gambling,’ ‘mental health,’ ‘sociological impact,’ and ‘financial implications’ were used to screen articles. Results: Research has shown that online gambling can lead to several adverse effects on mental health, such as anxiety, depression, and stress. A study by the UK Gambling Commission identified that online gambling could be addictive and linked to problem-gambling behavior in some individuals.
Online gambling platforms' ease of accessibility, promised anonymity, and lax regulations have made it convenient for people who have never gambled before to start betting online. Thus, it has been linked to pathological gambling, and the disorders that come along with it such as anxiety disorders, personality disorders, and depression. Additionally, financial implications were noted as another significant element of online gambling's impact. Online gambling has a potential impact on work productivity, reducing the number of hours worked and, consequently, affecting people's income.
A 2017 study found that online gambling was linked to a lower level of financial satisfaction, mainly if an individual lost large sums of money, resulting in adding to financial stress and monetary troubles, potentially leading to popular socio-economic problems such as poverty, unemployment, bankruptcy and in some severe cases, crime Sociological factors were noted as another adverse impact of online gambling.
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