Gambling is the wagering of something of value, such as money or property, on an event that is essentially random. It may also refer to an activity in which skill improves the chances of winning, such as playing a game of cards or betting on a horse race. Gambling is an international industry with many legal and illegal forms. It is a major source of income for governments and private businesses.
Gambling can cause financial, family and health problems. Problem gamblers often hide their gambling activity, lie about how much they are spending or try to recoup losses by borrowing money or using credit cards. They may also miss work to spend time gambling, resulting in lost productivity and reduced quality of work. In extreme cases, they may commit embezzlement or theft in the workplace. Families of problem gamblers experience high levels of stress, anxiety and depression, and may even sue the gambler for a breach of contract or breach of fiduciary duty.
If you are struggling with a loved one’s addiction to gambling, it’s important to seek help. Taking steps like family therapy and marriage counseling can help you work through issues that have been created by the problem, including strained or broken relationships. BetterHelp is an online therapy service that matches you with licensed therapists who have expertise in gambling addiction. Start by taking the assessment and get matched with a therapist in as little as 48 hours.