While the economic, social, and societal impacts of gambling are complex and multifaceted, they can be categorized into three categories: personal, interpersonal, and societal. Personal impacts of gambling are economic, as reflected by revenues and the impact on other industries, as well as changes in value and financial situations. Community and society impacts relate to development, including general costs and benefits associated with problem gambling. Long-term impacts include the effect of gambling on health and well-being.
Psychological effects have also been studied. Gambling may enhance a consumer’s self-concept or even provide relief from boredom. It can also be a social activity that helps a person escape stressful situations or deal with boredom. Research indicates that exposure to gambling reduces the chances of developing a problem, and gambling may even improve overall health. This is especially important for problem gamblers. But there are also a variety of other factors at play.
Bipolar disorder can be a trigger for problem gambling. Bipolar disorder, depression, and other mood disorders may also be underlying causes. Gambling is a way to gain social status for a person with a mood disorder. If a person has these underlying conditions, the effects of problem gambling may be compounded. But gambling is an acceptable form of entertainment for a large number of people. If you have a gambling problem, it is important to seek professional help.