Posts

Showing posts with the label gambling

NHS exec warns that crypto trading could fuel problem gambling

An increasing number of young adults from the UK are undergoing Gambling addiction therapy after becoming hooked on trading crypto , the UK ’s National Health Service (NHS) has warned. Speaking at the NHS ConfedExpo on Wednesday, NHS chief executive Amanda Pritchard stated that opportunities to become addicted to Gambling are rising and that the methods used to keep people hooked are becoming “ever-more sophisticated.”  The National Problem Gambling Clinic told Pritchard that gambling in ‘unregulated cryptocurrency markets’ in the UK is becoming increasingly addictive for young people. Indeed, much of the current memecoin hype in crypto can be compared to gambling, with traders betting that coins will either skyrocket or plummet over the course of a week or in as little as five minutes.  Pritchard said, “As a society, we need to ask: are we OK to just continue picking up the pieces .” She added, “The NHS opened the 15th specialist center for gambling addiction...