Gambling harm is any negative consequence experienced by an individual or members of their social network because of participation in gambling. This can be experienced on a spectrum, ranging from minor negative experiences to crises, and is not always proportionate to the amount of gambling participation. Gambling harms can include:
Financial Harm: Gambling can lead to financial harm, including debt, bankruptcy, and loss of savings or assets. This can also lead to financial stress, which can impact a person's mental and emotional well-being.
Social Harm: Gambling can negatively impact relationships with family and friends, and can lead to social isolation and a decrease in social activities. It can also lead to legal problems, such as arrests for theft or fraud to fund gambling activities.
Emotional Harm: Gambling can lead to a range of emotional harms, such as anxiety, depression, and feelings of guilt or shame. It can also lead to suicidal ideations or attempts.
Health-Related Harm: Gambling can lead to health problems, such as stress-related illnesses, sleep disorders, and substance abuse. It can also exacerbate pre-existing health conditions.
Gambling-related harm can have a significant impact on a person's life and can extend to their family and loved ones. It is important to recognize the signs of problem gambling and seek help as soon as possible in order to prevent or minimize harm. Harms relating to relationships, health and emotional/psychological wellbeing are the most-reported gambling harms.