When compared to the general population, athletes are four times more prone to developing problem gambling behaviors. Although this statistic is alarming, there isn’t much discussion about problem gambling in the United States, particularly when it comes to young adults and athletes.
According to estimates, 4-6 million Americans deal with problematic gambling; 8–14% are at risk; and 2 million Americans have a gambling disorder.
How Gambling Affects the Sports Organizations
1-The state of gambling in the US is lacking in infrastructure.
The U.S. sports gambling market is exploding, and it’s becoming more and more evident that governments and organizations are ill-prepared to deal with the negative consequences of problem gambling. The sports betting industry’s revenue might expand fivefold by 2025, but insufficient resources are still available to inform the public or assist problem gamblers.
2-Creating Long-Lasting Partnerships in Important Sectors: One Step at a Time
Former athletes and others recovering from problematic gambling habits make up EPIC Risk Management. We attempt to educate the general public on this issue by using evidence and personal experience since we are aware of the stress and sorrow associated with a gambling disorder.
3-The Future of Gambling Harm Reduction Is Bright
In a market the size of the United States, legalized gambling has the potential to cause enormous harm, endanger lives, and spoil the excitement of sports. But there is a fix for it. The public, athletes, and participants in the gaming business can all be educated and trained to help stop problem gambling before it starts.