Digital Gambling and the Cost of Deregulation"

Addiction Economy Thought for Today - kids whose parents gamble are much more likely to do that too and digital gambling is blowing everything wide open. Good work here in a leader in The Times about GambleAware new report.

"Financial ruin is so much easier to achieve when one is not forced to visit a casino or racecourse and can sit back in the comfort of one’s own home bleeding out the last contents of a bank account."

"..gambling kills people, maybe 650 in Britain each year by means of suicide. The victims are often young men, ensnared by online betting made easy and ubiquitous by the smartphone."

This was totally preventable. It was the previous Labour government who decided to designate gambling a leisure industry and de-regulate to allow the advertising and promotion that is now ubiquitous, and so costly in terms of health and lives.

The Labour Government must reverse the policies of their predecessors and ignore the intense lobbying of the Gambling Industry. Addiction Economy 101.

Anyone wanting a deeply depressing view of how this happened and the tactics of the gambling industry should read academic Rebecca Cassidy's 'Vicious Games, Capitalism and Gambling' which shows the influence and arrogance of the sector is on a par with, even exceeding, that of the tobacco industry.

I'm not one to get hyperbolic if I can help it, but it was the probably the most shocking thing we have read so far in our Addiction Economy work.

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