Problem gambling is widespread all over the world. And the number is increasing with every passing day with the advent of the new technologies. It has become a matter of social concern in many parts of the developed world. With the use of the internet, people find it easy to involve in gambling in different levels. Gambling can be entertaining if you play it occasionally for the entertainment. But what will happen if you will think about the gambling all the time and will not hesitate to lose huge money in this process? This is called problem gambling. Problem gambling can make the life worse and complicated. You will find the problem gamblers in every corner of the world. And the Europe is not an exception. In fact, the number in Europe is more than any other parts of the world.
Problem Gambling in Europe
In Europe, the gambling is estimated to be more than EUR 84.9 billion. If you trust the research reports the growth is increasing three percent annually and this is the one of the highest growth rates in the world. If it continues with the same speed, it will be certainly a matter of concern.
Problem gambling is a social issue. A problem gambler not only faces financial difficulties in his life, he also feels isolated and depressed. He isolates himself from the other activities life. In some cases, he faces social and relationship issues. As the result, he finds it difficult to meet the expectations of the people and try to finish his life as well.
Problem gambling industry is growing due to the easy accessibility of the internet. In the current conditions, you will find 6.8 million gamblers are involved in European countries. The gambling industry in Europe has annual revenue of more than EUR 13 billion. You can expect some more numbers in the years to come.
One of the main reasons for the increasing demand of the online gambling is the online casinos. In Europe, online casinos are very popular. For this reason only, online gambling has become one of the fast developing businesses in Europe. You will find a number of illegal gambling sites in Europe. In 2008, from the 15,000 active gambling sites of the Europe, only fifteen percent had the license and another eighty-five percent was operating without a license.
Data and statistics
The gambling market in Europe has estimated approximately EUR 84.9 billion and it grows annually by three percent. Online gambling is more popular with 6.8 million gamblers and the number is expected to increase to EUR 13 billion. Sixty percent of the gambling market is owned by the online casinos. Forty percent gamblers choose the sports betting, and twenty-five percent gamblers are playing almost three to four times in a week.
Problem gambling is one of the most important aspects of the gambling industry. The number has not increased significantly in the last five years, but, still 0.5 players are the problem gamblers, 4.2 are known as the risk gamblers, 3.2 percent are low-risk gamblers, and the 1 percent is at the moderate risk. You can say that fewer than one among the gamblers are problem gamblers.
You will also get different types of the gamblers such as the high spend gamblers who spend a huge amount of the money in gambling but not the frequent gamblers. The number is four percent. And the high time gamblers, these are the regular players who spend a lot of time in gambling, but spends less money and their number is also four percent and the third one is high spend gamblers and the number is six percent and the rest is non-high time gamblers , the number is eighty-five percent. And the last one is the problem gamblers, who usually spend both the time and the money in the gambling and number is around one percent.
Problem gambling needs attention. These problem gamblers are suffering a lot as the result of the financial crisis, social, and relationship issues. They find themselves isolated and lose interest in personal and social activities. Even if they try to quit the gambling then cannot do it without the help and emotional support of the family and friends. Currently, many private and public institutions in Europe are trying to help the problem gamblers to get their normal life back.