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Home News J&K

Online gambling pushes several Kashmiri families into financial crisis

It’s spreading like plague, leads to hopelessness, depression, say experts

by KD Desk
January 31, 2025
in J&K, Latest News, News
0
Online gambling pushes several Kashmiri families into financial crisis
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Jahangeer Ganaie

Srinagar, Jan 31 : Online gambling has become a growing menace in Kashmir, driving several families into severe financial distress and emotional turmoil. The easy accessibility of online betting platforms has lured many, particularly youth, with the illusion of quick financial gains. However, this often results in heavy monetary losses, debt and psychological suffering.

According to details obtained by the news agency, a youth from south Kashmir initially won Rs 10,000 in online betting within a few days. Encouraged by this, he borrowed lakhs of rupees from neighbours and relatives, promising to repay them double within days. However, when he invested lakhs into the game, he lost everything and went missing for several days. His family had to step in and clear his massive debts to bring him back home.

Another young gambler shared his ordeal, narrating how he initially won Rs 10 lakh, which fueled his addiction. However, as he continued playing, he not only lost his winnings but also an additional Rs 5 lakh.

“I understood too late that even if one wins in gambling, they ultimately lose. It has ruined me and my family. I suffered massive business losses due to online betting,” he said.

While online gambling and betting games are legally permitted in India, their addictive nature has caused irreversible damage to many individuals and families. Due to social stigma, many families remain silent about their financial troubles, choosing to endure their struggles alone rather than seek help.

Online gambling also takes a severe psychological toll, leading to anxiety, depression and a sense of hopelessness. Many addicts experience strained family relationships, with increasing conflicts and emotional disconnect.

Dr Altaf, a psychologist, likened the spread of online gambling to a plague. “People must understand its destructive impact. Even a financially stable person can lose everything if they become addicted to these platforms. Support groups and counselling services can play a crucial role in helping individuals recover and rebuild their lives,” he said.

Dr Abrar Guroo, a psychiatrist at IMHANS Srinagar, highlighted how online games introduce players to gambling through psychological manipulation. “Many online games offer lucrative rewards, requiring players to buy levels, skills or unlock features. These mechanics mimic gambling and desensitise players to its risks, creating a pathway for addiction.”

He added that many adolescents unknowingly spend large sums of money on such features, often without understanding the consequences. “I have treated several teenagers who transitioned from gaming to full-fledged gambling addiction. The impact is alarming, and I believe stricter regulations and increased parental awareness are necessary to curb this rising threat,” Dr Guroo said.

KD Desk

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