Online Gambling is an estimated $9.5 billion industry, offering online casinos, sports betting, poker, fantasy sports and lotteries. It can be exciting and entertaining but it can also cause serious harm. Online gambling is addictive, and like any other addiction, it can lead to health and family problems. It can interfere with work and school, and it can disrupt relationships and cause financial hardship. It can also be a source of emotional distress and anxiety.

The rise of Internet gambling has raised concerns that it may lead to increased problem gambling. Its convenience, ease of access, and ability to place large wagers have heightened risk-taking. Research must expand to better understand the effects of this new mode on gamblers’ experiences and the incidence of gambling disorders.

In the United States, the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) makes it illegal for US banks and payment service providers to process funds from illegal Internet gambling sites. However, it has not been proven that the law has significantly deterred Internet gambling or that it has prevented financial institutions from processing illegal transactions.

If you think you might have a problem with Online Gambling, there are several treatment options. Therapists and support groups like Gamblers Anonymous can help you develop healthier coping strategies. They can also help you identify and treat any underlying mental health conditions that might be contributing to your gambling. You can also try an online assessment tool, such as the one offered by GamCare, which asks you a series of questions about your gambling behaviour.