Over the last 30 or more years the gambling industry has flourished. Gambling revenues are hitting all-time highs. In some locations revenues are doubling almost every year. Lotteries now exist in 37 states. Interestingly, it is those in the lowest income brackets that spend the most on lotteries. It is hard to put into perspective the fortune being spent on gambling in America. According to PBS.org and the Las Vegas Convention and Visitors Authority, “gambling generates more revenues than movies, spectator sports, theme parks, cruise ships, and recorded music combined1,2.” That amount is staggering.
How many Americans gamble or at least say gambling in legitimate casinos is okay? You may be surprised. A whopping 80% of Americans are okay with gambling, and in fact, 60% of Americans reported gambling in the previous year2. So what is compulsive gambling? Compulsive gambling is when the need to gamble causes them to do things that are detrimental or harmful to themselves or others. So when does gambling become compulsive gambling? Here are a few things to watch for: