Online Gambling is gambling that happens through computers, mobile phones and tablets. You can bet on sports and horse races, play casino games, or even place bets on poker tournaments. With this new technology, it’s easier than ever to gamble at any time of day or night. However, there are some risks and consequences to online gambling that you should be aware of.

One of the most significant risks to online gambling is financial loss. People can easily spend more than they can afford to lose, which can lead to debt and credit problems. This can affect a person’s relationship with family and friends, and can cause emotional distress. Fortunately, there are ways to control your gambling spending and avoid these problems.

In addition to the potential for financial loss, online gambling may also lead to addiction, which is a compulsive behavior that results in negative consequences. Addiction to online gambling can cause problems with work, school, and social relationships. It can also result in financial ruin and depression. If you notice any of these signs, it’s important to seek help immediately.

In the late 1990s, the popularity of Internet gambling grew rapidly. The first online casinos were introduced in 1996, and the number quickly rose to over 200 websites by 1998. Attempts to regulate online gambling in the United States were made by Senators Bob Goodlatte and Jon Kyl, but these bills failed to pass.