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Concerns over gambling and gaming habits of Isle of Wight youth | Isle of Wight County Press

YOUTH workers and teachers are being shown how to help young people who have become drawn in to harmful gambling habits or who are gaming too much with behaviours exacerbated during the pandemic. The Island Youth Mental Health Census 2019 suggested young people on the Island may be particularly vulnerable to anxiety and depression, which is often associated with harmful gambling or gaming behaviours. This is believed to have worsened due to Covid pandemic lockdowns, when young people didn t have the structure of school or any social events or clubs to attend leaving them with more time on their mobile phones and other devices.

Experts Fear a Rise in Online Gambling Harm as UK Industry Awaits Crucial Review

For instance, despite its physical stores being shut for much of the past 12 months, FTSE 100-listed Ladbrokes owner Entain saw its core earnings rise 11% to £843.1 million ($1.19 billion) for 2020, £803.5 million of which came from a 50% surge in its online gambling offerings. The company s stock notched a record high at £17.25 per share in late April and was up more than 36% year-to-date as of Monday s close. It s currently up around 124% from its recent low during the initial Covid-induced crash of March 2020. The likes of 888 Holdings, Rank Group and Gamesys have all performed strongly since last March. Meanwhile, Bet365 CEO Denise Coates recorded an annual pay packet of £469 million last year, one of the highest in British corporate history.

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