24 Hrs
Source:
الكتائب اللبنانية
Rise in online gambling among youth
Online gambling has shifted from being an activity conducted in casinos to a widespread phenomenon accessible through mobile phones, allowing young people to easily place bets on matches and games via apps instead of traditional venues. The online gambling market in Lebanon has experienced a 58% increase over 13 months, with global revenues projected to reach $130.2 billion in 2025, and expected to rise to $143.17 billion in 2026. This proliferation reflects the younger generation's desire for quick money, especially amid rising unemployment rates and a scarcity of job opportunities, making gambling a means to generate income at the risk of financial, psychological, and social problems. It can lead to significant losses and addiction. Sports companies, particularly those involved in football, are used to promote betting, which increases the likelihood of it becoming a daily habit, amidst growing health and psychological challenges associated with gambling disorders.
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