Online Gambling is the activity of using a computer to place bets, play games or win prizes. While it is illegal in some jurisdictions, it continues to grow and has become a major source of revenue for sports teams, bookies, casinos and poker rooms. It is often used as a coping mechanism for anxiety, depression and boredom. Identifying and treating these underlying issues can help people stop gambling. There are several ways to quit online gambling, including counseling and medication.

While the popularity of gaming is growing globally, it is important to recognize the potential harms of gambling online. In addition to a direct financial cost, gambling online can negatively impact relationships, family and community wellbeing. It can also contribute to other societal problems such as crime, poverty and the erosion of civil institutions through corruption, corporate political activity and money laundering.

In recent years, online gambling has continued to grow at a rapid pace, with the largest growth coming from online sports betting. This growth is mainly driven by a combination of increased internet access and smartphone ownership, and the proliferation of new iGaming platforms and apps.

While many countries have legalized some form of online gambling, many remain regulated and the vast majority of players are playing in areas where it is illegal. These players are at risk of being fined or even jailed if they breach local laws. This is an urgent issue that requires strong action from all stakeholders.