Financial harm

Financial harm refers to the negative economic impact experienced by an individual, group, or organization due to various factors, such as poor financial decisions, unforeseen expenses, or fraudulent activities. In the context of gambling, financial harm can occur when individuals gamble more than they can afford to lose, leading to debt, bankruptcy, and severe financial distress. It is crucial to understand the signs of financial harm and to seek appropriate assistance if you or someone you know is facing such challenges. Through responsible gambling practices and financial literacy, the risks associated with financial harm can be significantly mitigated.