Gambling Addiction, Gambling Intention and Financial Wellbeing in Bosnia and Herzegovina

Abstract

The goal of this study is to raise awareness about the various risks associated with gambling. It will focus on the effects of gambling addiction on gambling intention and its implications for financial wellbeing. It is known from previous research that gambling influences the family’s functioning, as well as the work-related aspects of the individual’s life. The negative effects gambling has on the workplace are more severe, such as decreased work efficiency and theft. We were curious about these effects in Bosnia and Herzegovina as a country with many customers of gambling services. The rise of Internet and social media platforms has led to an increase in the number of people gambling. Our findings indicated that gambling addiction has statistically significant positive effects on gambling intention which consequentially has statistically significant, but negative effects on financial wellbeing of individuals. Considering this empirical evidence, we can recommend to related governmental and non-governmental institutions of Bosnia and Herzegovina to put this issue on their agenda and raise the awareness of society on negative effects of gambling addiction and gambling intention. On the other hand, we recommend future researchers to focus more on this important research problem and in that way provide foundations for solving the related social problem.