Online Gambling Negative Effects

1. Rates of suicide are higher for people who gamble excessively, and for their family members. The people most likely to attempt suicide are those who also have mental health problems (like depression) or who heavily use alcohol or other drugs.
2. Feeling that gambling is the only thing you enjoy, to the exclusion of other things; Using gambling as a way to deal with other problems or emotions in your life; Difficulty sleeping; Feeling depressed or anxious; Having suicidal thoughts; If you answered yes to any of these questions, gambling could be a problem.

Some of the more prominent negative effects of gambling entail getting into significant financial issues. Those who are addicted to gambling will often go through a number of difficult problems: Many who are addicted may be more likely to be unemployed. Serious financial concerns like bankruptcies may also occur. You might be short tempered, easily annoyed or simply stressed. Suddenly, you're feeling the effects of gambling. It might not happen straight away, which is probably why many people don't understand the negative effects of gambling. But it's worth being aware that gambling is not all about the money.

Online gambling in Kenya is a mammoth industry. A laxity of Legislators and regulators to come up with laws to control the modern forms of online gambling has paved way for tremendous growth in the gambling firms in Kenya. Most of which are owned by foreigners.

The top online betting companies in Kenya are;

• Sportpesa.com
• Mcheza.co.ke
• BetinKenya
• Elitebetkenya.com
• Betway
• Justbet

Unlike traditional land based sweepstakes, the action at online gambling is perpetual and available to anyone who has access to the Internet. Many online gambling sites in Kenya operate from locations such as Bulgaria, Germany, United Kingdom e.t.c, unsupervised by the Kenyan government regulators.

Perhaps the most frightening aspect of online gambling is the rampaging growth of the unregulated industry and the dangers it poses to our economy in the near future.
Analysis of the Negative Impacts of online gambling to the Kenyan Economy
Due to the infancy of the online gambling industry and the secrecy surrounding the operation of this industry, no detailed study has been done on its economic impact. Below is a brief highlight of its impact;
Gambling creates an unproductively society

• Online gambling is an example of a socially unproductive profit seeking business, because gamblers whose predominant motivation for gambling is to increase their-economic well-being are wasting their time due to the reality that, about 2% of total gamblers manage to make a win.
• Online Gambling is a rewar-ding to gambling firms like sportpesa but removes resources from productive use and therefore lowers national income. It involves simply transfers of money between individuals, creating no new money or goods. This thus creates no output and absorbs time and resources.

How to Curb Online Gambling in Kenya

second option to limit Internet gambling is through enhanced enforcement mechanisms against credit card providers and money transfer agents. The Internet gambling industry is dependent on transactions from money transfer agents; thus, discouraging transactions will limit Internet gambling

Conclusion

• Online Gambling industry yields a negative impact on the Kenyan economy.
• Internet gambling deprives Nation and county governments of revenues required to maintain their services.
• Online gambling adversely affects our society in ways that cannot easily be quantified such as addiction, pathological behavior, and family disintegration.

NOTE: This is a summary of a study i am doing about the economic impact of online gambling. The study will be shared here in a short while.

Lastly, don't be in the dark, use the form below to Subscribe for our latest Education News, and interesting campus stuff. You can also comment below for any Question and We Will reply to you.

Some of the negative effects of gambling addiction include mental health problems, money worries, family frustrations and changes in personality. Gambling is when a person places a bet or wager to win money on something that has an uncertain outcome. Someone may decide to gamble on something for three reasons; how much money to bet, the odds of the wager and the agreed situation and condition regarding the bet.

Skill is the gamblers judgement when deciding if these three factors will provide a return. Casinos, poker games, slot machines and online betting are some of the more common forms of betting. Games of dice, card games and coin tossing are forms of non casino gambling. Betting of sports, bingo and the lottery are some other types of gambling.

Perhaps the most frightening aspect of online gambling is the rampaging growth of the unregulated industry and the dangers it poses to our economy in the near future.
Analysis of the Negative Impacts of online gambling to the Kenyan Economy
Due to the infancy of the online gambling industry and the secrecy surrounding the operation of this industry, no detailed study has been done on its economic impact. Below is a brief highlight of its impact;
Gambling creates an unproductively society

• Online gambling is an example of a socially unproductive profit seeking business, because gamblers whose predominant motivation for gambling is to increase their-economic well-being are wasting their time due to the reality that, about 2% of total gamblers manage to make a win.
• Online Gambling is a rewar-ding to gambling firms like sportpesa but removes resources from productive use and therefore lowers national income. It involves simply transfers of money between individuals, creating no new money or goods. This thus creates no output and absorbs time and resources.

How to Curb Online Gambling in Kenya

second option to limit Internet gambling is through enhanced enforcement mechanisms against credit card providers and money transfer agents. The Internet gambling industry is dependent on transactions from money transfer agents; thus, discouraging transactions will limit Internet gambling

Conclusion

• Online Gambling industry yields a negative impact on the Kenyan economy.
• Internet gambling deprives Nation and county governments of revenues required to maintain their services.
• Online gambling adversely affects our society in ways that cannot easily be quantified such as addiction, pathological behavior, and family disintegration.

NOTE: This is a summary of a study i am doing about the economic impact of online gambling. The study will be shared here in a short while.

Lastly, don't be in the dark, use the form below to Subscribe for our latest Education News, and interesting campus stuff. You can also comment below for any Question and We Will reply to you.

Some of the negative effects of gambling addiction include mental health problems, money worries, family frustrations and changes in personality. Gambling is when a person places a bet or wager to win money on something that has an uncertain outcome. Someone may decide to gamble on something for three reasons; how much money to bet, the odds of the wager and the agreed situation and condition regarding the bet.

Skill is the gamblers judgement when deciding if these three factors will provide a return. Casinos, poker games, slot machines and online betting are some of the more common forms of betting. Games of dice, card games and coin tossing are forms of non casino gambling. Betting of sports, bingo and the lottery are some other types of gambling.

Negative Effects Of Online Gambling

Negative Effects

Gambling is meant to be a recreational pastime that can be relaxing and invigorating but it is sometimes far from that. Taxing, stressful and risky are words that would better describe gambling. Anxiety can build when more and more money is risked, especially if the gambler is gambling beyond their means.

As time goes by a habit if formed and gambling starts to affect the player in a negative way at many levels. Can you earn a living from online poker tournaments. Problem gambling affects psychological well being, physical health and social correctness. Stress can bring on health problems like stomach ulcers, headaches, insomnia and aches and pains in the muscles.

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Mood swings and strange covert behaviour can start as the gambler is battling with the desire to gamble and knowing it is having a bad effect on their life. Having to keep gambling more and more, like taking drugs or alcohol, to get the feeling of euphoria becomes a habit that is almost impossible to stop. The children of a gambling addict often feel lost and angry which can lead to a breakdown in family relations.

Having a depressive disorder is likely in many problem gamblers. Suicidal tendencies are said to be 1 in 5 of those with a gambling problem. Both children and partners of problem gamblers are more likely to suffer abuse from the problem gambler.

Other addictions are linked with gambling addiction, such as substance abuse which can help get the feeling of euphoria they have whilst gambling. The environment where a gambler is likely to pursue their addiction is often in a place where drugs and alcohol are also easily available.

Research has shown that those people with alcohol disorders have a higher chance of becoming addicted to gambling. It has also been shown that children of a gambling addict are often addicted to drugs.

Gambling can take its toll on the lives of a problem gambler through abusive behaviour. The stress and strain of money worries, mental health problems and the possibility of substance abuse.

It has been proven that gambling is addictive and will lead to more and more of the activity regardless of the harm it is causing their family, friends and finances.

Online Gambling Negative Effects On The Body

Criminal activity can be undertaken to help fund the gambling addiction. As the mind is distorted it is almost impossible to think clearly and wrong decisions are often made.

Online Gambling Negative Effects Definition