The Puppets of Online Gambling

[ItsNick]

I stole the title of this topic from this video:

I think it should be obvious why (online) gambling is a problem but I have recently learned more about how big this problem is in our society (worldwide).

One of the big problems today is influencers on streaming platforms profiting off the losses of their audience who sign up through them. This goes together with a lack of regulation and increased normalization and gamification of gambling. If you're interested in some statistics showing how much money goes around in this industry you can take a look here: https://www.statista.com/outlook/amo/online-gambling/worldwide and find that "Revenue in the Online Gambling market is projected to reach US$97.15bn in 2024." and that the industry is projected to keep growing. And then I haven't even talked about the massive amount of money laundering taking place in this industry, especially in these crypto casino's.

From a personal development point of view I see (online) gambling as the ultimate get rich quick trap. Most alluring to those who feel powerless in relation to money.