Gaming fans are well aware of Twitch, which allows competitors to engage in e-sports, online competitions and much more. But the streaming platform has also gained some notoriety for its gambling accessibility, particularly for its crypto slots which allow for endless bets using bitcoin and other types of cryptocurrency. The scary thing is that area of the platform remains completely unregulated, which is leading many advocates to speak up on behalf of those suffering from betting addictions. The website Buzzfeed recently covered this growing trend, shining a light on the gambling dangers ass ..read more

Gaming fans are well aware of Twitch, which allows competitors to engage in e-sports, online competitions and much more. But the streaming platform has also gained some notoriety for its gambling accessibility, particularly for its crypto slots which allow for endless bets using bitcoin and other types of cryptocurrency. The scary thing is that area of the platform remains completely unregulated, which is leading many advocates to speak up on behalf of those suffering from betting addictions. The website Buzzfeed recently covered this growing trend, shining a light on the gambling dangers asso ..read more

One of the biggest stories to arise last week concerned the stock market app Robinhood and some wild trading moves that it got swept into. Obviously the Wall Street jumps were the biggest headlines, but NBC News touched on an interesting point as well. Their latest article touched on some of the behaviors behind this rapid-fire trading and how they may fuel online gambling addictions.   For years, there have been studies about addictions and day trading. Similar to the thrill of betting at casinos, people can easily become hooked on the lure of throwing money into volatile stock ..read more

There are some interesting trends that emerged during these past 15 months of the COVID-19 pandemic. Behaviors changed dramatically, due to quarantines and social distancing regulations (including an increase in substance abuse). And though casinos would like you to think that gambling problems subsided due to closures and a lack of accessibility, that is hardly the case.   NBC News recently highlighted a story showing how and why gambling dependencies grew dramatically in 2020. To the casinos’ point, in-person betting saw a sharp decline due to closures and travel restrictions ..read more

We all know that gambling addictions can take people to some very dark places. But sometimes it’s important to hear testimonials from people who have actually been through it and seen the other side. Noted Ohio publication The Columbus Dispatch recently did just that, dedicating a headline article to the topic and highlighting real voices from people in recovery.   The Dispatch piece touched on everything from drugs and alcohol, to suicide attempts, to crime and robberies; all stemming from the urge to gamble. It ties into the theme of March being Gambling Awarene ..read more

Gambling addiction is a hardship experienced by millions of people across the U.S. And a recent research report conducted by The National Council on Problem Gambling claims that certain cultural groups may be harder hit than others. One call out was the Asian American population who, according to new article from NBC News, are greatly underserved when it comes to proper treatment.   Particular populations that were listed in the article included people of Chinese, Korean, Philippine and Vietnamese descent. The trend of the recent Lunar New Year was also ..read more

One of the biggest stories to arise last week concerned the stock market app Robinhood and some wild trading moves that it got swept into. Obviously the Wall Street jumps were the biggest headlines, but NBC News touched on an interesting point as well. Their latest article touched on some of the behaviors behind this rapid-fire trading and how they may fuel online gambling addictions.   For years, there have been studies about addictions and day trading. Similar to the thrill of betting at casinos, people can easily become hooked on the lure of throwing money into volatile stock ..read more

It’s not surprising to hear that stressful jobs can lead to dependencies. High pressure situations can drive people towards “coping mechanisms,” which can often be drugs or alcohol. That, of course, is not the healthy solution, but it is a common one, to say the least. One field that is especially known for its tense ups and downs is finance. Stock market advisors often experience high highs and low lows, just as they may when they use. And now, one prominent former trader is speaking out about the trend.   Matthew Jay used to manage hundreds of thousands of Wall Street dollars on a daily ..read more

We all know that computer technology is advancing on a daily basis. One major area of development is machine learning, which is also classified as A.I. (or “artificial intelligence”). Anyone who uses a social media network or a website is already exposed to this, as feeds and advertisers learn your behaviors and serve you content based on your interests. Well, this type of tech is prominent in the gambling world too; in some ways helping addictions and in some ways furthering them.   The website Innovation and Tech Today published an interesting article about gambling ..read more

It’s not often that we cite a finance article as the source for of one of our blogs. But in this instance, The Motley Fool may be on to something. A recent market expose on their site highlighted a dramatic increase in share prices for online gambling companies. So what does that mean to us? That betting addictions could most certainly be on the rise.   One of the companies that appears to be “soaring” right now is Draft Kings. We’ve certainly mentioned this site before and the ease they provide when it comes to betting money. Flutter Entertainment was another business that ..read more