Wednesday, November 14th, 2018
A Multi-disciplinary Approach: Finances and the Compulsive Gambler
According to the National Council on Problem Gambling, nearly 1% of the U.S. population (approximately 2 million adults) meet criteria for serious gambling problems, and another 4-6 million (2-3%) would be considered to have moderate gambling problems. This hidden addiction has an estimated national social cost to families and communities due to bankruptcy, divorce, job loss, home loss, and criminal justice costs associated with problem gambling of approximately $6.7 billion each year" (Huble, 2018). A compulsive gambler can be defined as anyone who's gambling causes financial, psychological, emotional, marital, legal, or other difficulties for themselves and others (NCPG & NEFE, 2000). This session will provide resources for financial counselors and practitioners to help their clients determine if they have a gambling problem. Potential impacts of gambling on family finances will be discussed. A unique gambling treatment program that integrates a family financial component in collaboration with Accredited Financial Counselors will be highlighted. Treatment program strategies that address the dimension of a multi-disciplinary approach will be identified.
Questions or Implications for Researchers: Continued research on problem gambling and effective recovery strategies will help advance the field.