The rise of gambling and its dangers

 

When it comes to gambling, you will immediately think of Las Vegas.

You think luxurious casinos, lots of money and huge jackpots.

However, with new technologies and social platforms, this perception is no longer the only situation in which gambling is prevalent.

In recent years, many new laws have been enacted allowing sports betting for the first time in history.

Another addition to the new laid-back gambling code includes online casino games available through a variety of apps.

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Many people appreciate the apps and options available to them, but is this easy access targeting a younger, impressionist audience harmful in the long run?

As I'm driving from Chicago to Grand Rapids, every fifteen minutes I see a billboard advertising a casino app or rewards program along the freeway – each one grabbing my attention.

They all advertise free money on sign up or guarantee money back if you lose, which clearly looks like theft.

Another thing that caught my attention was that out of the fifteen billboards I saw, only one was warning about the negative aspects of the game, which are often not talked about in full.

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I think online casinos should be more careful as they are marketed to young people who are more likely to have problems with gambling.

There are a lot of "free bets" out there, so it doesn't seem to go wrong until you start depositing your own money (which is almost always the case) and at that point all Odds bets are all against you.

Some people don't realize that casinos always have a few percent advantage to win on every play or bet, which means that ideally in the long run, statistically, you will definitely lose money when playing more.

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This fact is a problem and what happens when the big casinos target the younger population.

The younger generation is more likely to develop a gambling addiction than the older generation, especially if they are exposed to it on a daily basis across all the platforms available to them.

Younger people, who can now download apps and play, are investing more than they can afford.

With each celebrity-powered sports game ad break to promote casino apps, it's impossible to notice how often we view this content.

Besides the dangers of regularly being exposed to gambling in a positive way, gambling is also known to cause various mental health problems such as anxiety, depression and addiction.

Big casino companies should know that they are reaching young consumers on a daily basis and evaluate how they market, as some of their content may mislead the younger generation.

According to Statista, as of February 2023, 36 states have legalized sports gambling.

Two other states have legalized it, but it's not working yet.

Others are waiting for legislation to legalize it.

We can expect the number of fully active states to increase in the future.

Also, a new trend is online casino games, including slots, card games and more.

These are only legal in seven states, including Michigan.

With greater access to gambling in all states, it may gradually become a routine for many people who previously only gambled in person under certain circumstances.

Ultimately, I don't think gambling should be banned or sports betting should be deprecated, but the way casinos are advertised needs to be more regulated.

It should be for entertainment among friends or to make your favorite sports game more fun.