Compulsive gambling is distinct in that the gambling is fueled by a person's access to money and can continue as long as the money and credit lasts.
The progression from social gambling to compulsive gambling is similar to the progression from social drinking to alcoholism - not everyone progresses to levels that have significant negative consequences. For those who do, it is common to deny having a problem, when there is overwhelming evidence to the contrary. When gambling becomes out of control, it can create chaos in all aspects of a person’s life, especially with their finances.
- Unlike most other addictions, the extent of debt and the financial devastation stemming from a gambling problem is typically one that has both short-term and lifelong impacts.
- The negative effects of gambling losses are ongoing, ultimately jeopardizing a person’s credit history, education, career, family, and life.
- In the latter stages of the disorder, problem gamblers often believe that financial ruin is unavoidable. When at their lowest point, they experience a range of emotions including fear, anger, confusion, stress, and anxiety, as well as feeling helpless, hopeless, and incompetent when it comes to dealing with these issues. Yet, it is precisely financial troubles that will ultimately drive compulsive gamblers to finally seek help.
The most important point to remember is that regardless of circumstances, change is always possible. The FCCG’s 24-hour HelpLine (888-ADMIT-IT) offers a series of supports, including referrals for financial counseling to help gamblers and their families devise realistic repayment plans and get their lives back on track.
To increase awareness about helpful options that gamblers and family members can pursue when experiencing financial difficulties, the FCCG developed its A Chance for Change program. The self-help recovery program is a series of workbooks for gamblers, older adult gamblers, and loved ones, which helps persons to eliminate self-defeating negative behaviors and to make better decisions to lead a happier and healthier life. Each series features one workbook that addresses financial matters. To learn more, view the FCCG’s A Chance for Change program. To order your free copy, call the FCCG HelpLine at 888-ADMIT-IT.
