Psychiatrists warn gamblers ahead of Grand National

Prior to this weekend’s Grand National horse race, problem gamblers are urged to take preventative measures, such as blocking access to betting websites.

This weekend will be difficult for many gamblers who struggle to manage their gambling habit, according to the Royal College of Psychiatrists.

Imminent government plans for stricter gambling regulations are anticipated.

They might include betting limits and business fees to pay for addiction treatment.

It was the worst day of my life after winning £127,000.
16-year-old boy lost thousands after viewing a gambling advertisement.
The White Paper was first announced in late 2020, but its release has been continually postponed. It is intended to bring about the gaming industry’s biggest shake-up in more than two decades.

An estimated 600 million people worldwide are thought to watch the Grand National event at Aintree in Liverpool.

The Betting and Gaming Council estimates that 13 million adults in the UK will wager a total of about $250 million.

The event brings in £3 million in tax money each year for the Treasury.

The number of problem gamblers in Great Britain is thought to range from 250,000 to 460,000. Not everyone who gambles develops a gambling disease.

New research from the National Institute of Economic and Social Research estimates that problematic gambling costs the UK economy £1.4 billion a year in increased welfare payments and medical expenses.

Despite the fact that millions of people will love placing wagers on the Grand National, Prof. Henrietta Bowden-Jones of the Royal College of Psychiatrists warned that this coming weekend could be particularly difficult for those who have trouble controlling their gambling.

“It’s crucial to get therapy from specialized NHS clinics if you have a gambling disorder and to put the proper self-exclusion agreements in place to prohibit you from gambling both in person and online.

To prohibit access to gambling websites, filtering software could also be installed.