By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Innovate Change NewsInnovate Change NewsInnovate Change News
  • Finance & Legal
    • Finance
    • Legal
    • Lottery
  • Entertainment & Betting
    • Casino & Games
    • Esports
    • Sports betting
  • Industry Insights
    • Marketing
    • People
    • Social responsibility
    • Strategy
    • Tech & innovation
Search
2024 Innovate Change News. All Rights Reserved.
Reading: Study: Online gambling boom raises concerns about public health risks
Share
Sign In
Notification Show More
Font ResizerAa
Innovate Change NewsInnovate Change News
Font ResizerAa
Search
  • Finance & Legal
    • Finance
    • Legal
    • Lottery
  • Entertainment & Betting
    • Casino & Games
    • Esports
    • Sports betting
  • Industry Insights
    • Marketing
    • People
    • Social responsibility
    • Strategy
    • Tech & innovation
Have an existing account? Sign In
Follow US
2024 Innovate Change News. All Rights Reserved.
Home > Blog > Strategy > Study: Online gambling boom raises concerns about public health risks
Strategy

Study: Online gambling boom raises concerns about public health risks

ztest ztest
Last updated: November 21, 2024 2:43 pm
ztest ztest
Share
3 Min Read
SHARE

The surge in online gambling is raising alarms about public health implications. Experts are calling for a unified global response from governments.

Contents
Adam Pettle: a personal insight into gambling addictionKey factors leading to addictionStatistics on online gambling addictionCanada sees surge in gambling participation amid legal changesPublic health at the forefrontConsumer protection is keyIndustry concernsProposed regulations impact

As digital platforms make gambling more accessible, dependency risks and financial problems are on the rise. Stakeholders highlight the need for regulatory frameworks to protect vulnerable populations.

Addressing this growing concern requires concerted international efforts to establish guidelines, promote awareness, and implement robust measures to safeguard public health.

A recent study by The Lancet Public Health Commission reveals alarming financial threats and risks faced by consumers due to the rapid growth of the gambling industry. This surge is significantly driven by the increased online accessibility and the widespread legalization of gambling activities.

The findings underscore the urgent need for stricter regulations to protect consumers as the gambling industry continues to expand rapidly.

Adam Pettle: a personal insight into gambling addiction

Adam Pettle’s journey sheds light on the gripping nature of gambling addiction, particularly driven by the ease of access to online gambling and sports betting apps.

Key factors leading to addiction

  • 24/7 Accessibility;
  • Alluring Promotions;
  • Instant Gratification;

Statistics on online gambling addiction

Year New Cases of Addiction
2020 1,500
2021 2,100

Understanding the risks and seeking help is crucial in combating this widespread issue.

Canada sees surge in gambling participation amid legal changes

Recent statistics from Canada highlight a significant increase in gambling participation, with heightened risks following the legalization of online gambling and single-event sports betting. The expanding landscape offers both excitement and new challenges for players nationwide.

Experts emphasize the importance of responsible gambling, as accessibility to online platforms grows. With these new opportunities, Canadians are urged to stay informed on potential risks associated with heightened participation.

Public health at the forefront

The Lancet has raised urgent concerns over global gambling practices, urging for enhanced regulatory measures. The respected medical journal emphasizes that gambling policies should prioritize public health and consumer safety. Experts suggest that without stringent controls, the societal impacts of gambling could escalate further.

Consumer protection is key

There is a pressing need for policies that safeguard individuals, aiming to minimize harm and promote responsible gambling. The Lancet’s call to action underlines a pivotal moment for governments worldwide to implement comprehensive gambling reforms. The health of communities depends on decisive regulatory interventions.

The gambling sector has voiced strong opposition to The Lancet’s latest report, labeling it as politically charged and cautioning that excessively stringent regulations could adversely impact both industry operators and consumers.

Industry concerns

  • Potential revenue decline;
  • Increased operational costs;
  • Consumer limitations;

Proposed regulations impact

Regulation Aspect Possible Impact
Advertising Limits Decrease in brand visibility
Stake Restrictions Reduced consumer spending

You Might Also Like

BC.Game faces licensing threat and bankruptcy controversy over gambling operations

Australian gambling syndicate takes advantage of banks and bookmakers

UK Gambling Commission criticized for inaction on investigating suicide related to gambling

Indonesia blocks bank accounts linked to iGaming, thousands affected

Former poker dealer accused of chip theft in gambling scandal

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Detroit casinos see record $102.9M in sports betting revenue for October
Next Article DraftKings launches lobbying effort to boost Texas gambling legislation
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Andrew Yang highlights connection between sports betting and taxation
Sports betting November 27, 2024
Fatal road rage incident involving Uber driver on Vegas Strip connected to gambling dispute
Legal November 27, 2024
Legal challenges arise in lawsuit against Elon Musk’s gambling promotion
Legal November 27, 2024
Traction grows in gambler’s lawsuit against BetMGM
Legal November 25, 2024
//

We influence 20 million users and is the number one business and technology news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Follow US
2024 Innovate Change News. All Rights Reserved.
  • About Us
  • Contact
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?