Gambling is a popular leisure time activity with significant personal, family and societal impacts. It is also a huge industry, contributing to economic stability in many countries. Despite these positive aspects, gambling has negative effects and is often stigmatized. However, a small percentage of individuals become excessively involved in gambling and experience severe social and financial consequences. In a broader context, the term “disordered gambling” encompasses a range of behavioral problems that include risky behavior, impairment in daily functioning, and difficulty coping with emotional distress. This category includes behavior that may be considered subclinical and does not meet Diagnostic and Statistical Manual of Mental Disorders Fourth Edition (DSM-IV) criteria for pathological gambling.
Generally, people gamble to have fun, enjoy social interaction in a comfortable setting and relax. It can be an exciting and lucrative way to earn money if done correctly. However, most studies concentrate on the negative aspects of gambling. The positive side of gambling is not always highlighted as it is not easily quantifiable. Some of the positive aspects include socialization, mental developments and improvement in skills. For instance, playing a casino game like blackjack requires concentration which helps stimulate the brain and create new neural pathways. In addition, concentrating on a casino game also improves your mathematical abilities.
It is important to consider the effects of gambling on a personal, interpersonal and community/societal level. A societal impact study should focus on both the costs and benefits. Usually, researchers tend to only look at the financial costs of gambling, but a broader approach is necessary.