In this video, the speaker—an entrepreneur who teaches financial education—exposes gambling as a major, often hidden, financial threat that destroys lives. He recounts watching a high‑profile football match and being shocked by the volume of gambling advertisements and celebrity endorsements, noting recent legislation that bans sports personalities from promoting betting. He presents UK statistics: 2.5 million problem gamblers, £1.2 billion annual revenue from gambling addiction, and over half a million compulsive gamblers, many of whom receive no treatment. He links economic downturns, cost‑of‑living pressures, and the COVID‑19 lockdown to rising gambling rates, and compares gambling sponsorship to the former cigarette sponsorship of Formula 1. The speaker argues that gambling is a losing proposition, an addiction that should be treated as such, and calls for bans on high‑street betting shops and sports advertising, similar to tobacco regulations. He urges viewers to share the video, support those affected, and replace gambling with responsible financial habits—saving, investing, or speculative entrepreneurship—where individuals retain control. The overall message is a passionate call to action to curb gambling’s societal harm.
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So I'm going to share with you one of the biggest hidden money killers. This destroys lives. Now unfortunately, media and advertisers and even top sports do not want you to know this. Now, um, I help people start and scale their business and get better financial education and knowledge. And quite honestly, I probably don't talk about this enough. I'm usually practical and tactical on helping you get better financial education and knowledge, and I probably don't talk about this hidden money killer enough. And I was watching Liverpool-Man City yesterday, the big game. I love sports, I love watching sports, but it's always horrified me to see the amount of gambling ads. Horrified me. And I thought, I'm not going to speak out because, you know, I don't really like to criticize other people or other areas. But I thought, the millions of people that are watching that are probably not wealthy, seeing all of this gambling glorified by their sports heroes— this is disgraceful. And there's many people I really admire and respect as sports stars and human beings who are getting paid millions of pounds to advertise gambling, and it's completely wrong. It's funny because as I was thinking this— it's funny what you put out into the universe— a new law has been passed in gambling that big sports personalities and stars and top professional sports people have been banned from betting adverts. And I think this is a brilliant move. I can be critical of government and, you know, too much intervention into a market, but I think it's a brilliant move that the influential people in the world are not allowed to promote gambling adverts. It is preying on the weak, the susceptible, people who don't understand that you cannot win in gambling. It is impossible to win in gambling. Gambling, you are set up to lose. Gambling firms make billions of pounds. And I really thought about doing this video because I thought, well, you know, if there's a service and if there's a need, then there's a service and there's a need. And just because I don't agree with the service and the need, who am I to say there is no need for this service? But I'm going to read you some stats. By the way, please hit the share button. This could be one of the most important money videos I've ever done. And I'm sorry, I do feel bad that I haven't commented on this before in my position. So 2.5 million people in the UK are official problem gamblers. The UK gives around £1.2 billion in revenue annually for gambling addiction. 3.6 million people report to have been negatively affected by someone's gambling addiction. It breaks marriages, it breaks homes, it ruins lives. But nearly half of all addicts are not receiving any treatment for gambling, which is an addiction. So I'm so pleased that footballers and celebrities and social media influencers have now been banned from gambling adverts, and I cannot believe it went on for so long. So again, please do hit the share button. This is one of my most important messages, I think. Okay, so apparently more than half a million people in the UK are compulsive gamblers. The number is growing dramatically because of economic downturns. Here's the irony: when, when it gets harder to make money, harder to save money, and cost of living goes up and there's an economic downturn, gambling increases because gambling is the hole that can never be filled. This is why it is an addiction and it should be treated as such. There's of course loads of betting shops on the high streets, which again I think is a disgrace that there's so many betting shops on the high street. There's all these new online betting firms that are spending billions on advertising at the big sports events. Of course there's a lot more scratch cards and lottery, etc. The lottery for me is slightly different because at least a lot of that's a charity, but still people can get addicted to the lottery. And of course the lockdown and, you know, the overall global reduction in energy and fear and depression and anxiety has all added to the fact that gambling has got worse and addictions have gone up. So I just want to say I love football, but the darker side of football and sport is the amount of gambling they allow to be promoted through the breaks and You know, even the gambling firms sponsor the sports. Do you remember when cigarette firms used to sponsor things like Formula 1? And it got banned. And I think that gambling ads should be banned. I'm sorry to say that because I'm not usually critical of other firms. And to be honest, if everyone stopped gambling, gambling firms would have to stop or evolve immediately. So you could say that we should take responsibility as individual human beings i.e., if we all stop gambling, gambling doesn't exist anymore. And so I'm now taking this responsibility as someone who helps people start and scale their business and get better financial education and knowledge. So, but that's not going to happen though, is it? People aren't going to just stop gambling overnight. But I think that there shouldn't be gambling shops in the high street, there shouldn't be gambling ads at sports events when there's millions of people watching, they shouldn't be targeting that, you know, those young susceptible people. Something's got to change, it's really important. So please hit this share button, please do your bit too, because if you help just one person come to terms with the fact that gambling, they cannot win, and that they're probably going to get addicted, and that they might get addicted, and it can break and ruin their family and their life. I know people close to me who have had their lives ruined and their families broken up and their marriages and relationships broken because of gambling, because gambling is an addiction and people hide it and people are embarrassed by it and they feel shame on it. And, you know, they convince themselves that they'll win next time, or that, oh well, if I just get out of debt, it'll be great. Sometimes getting out of debt is the worst thing you can do when you have a gambling addiction, because then you just get back into debt and it's a spiraling cycle. But, you know, watching the big game yesterday, I was appalled, appalled at how many big adverts there were on gambling. How many sponsors of big TV and programs and sports channels are gambling firms? And how many famous people promote gambling and getting paid millions for it? It's wrong, in my humble opinion, and I'm taking responsibility as an entrepreneur who helps people start and scale their business and get better financial education and knowledge. Gambling is not the way. Saving is. Investing is. Managing money well is. If you're going to gamble, you might as well make a speculative investment in a fast-growing company or start a speculative business that could go big. At least you can control it. With gambling, you can't control and you're set up to lose, whereas at least in a more speculative investment, you can win big on the upside. Okay, thanks for tuning in. Please hit the share button right now. Let's all take responsibility to support the millions of people in the UK who have gambling problems and gambling addictions and lives are being ruined. Let's try and veto advertising for gambling. You know, if there's a place for gambling, fine. You know, with cigarettes, they've changed the way that it's advertised, where people can buy it, and they've put a lot of new legislation in to make it more difficult. And I think that they should do the same for gaming. That's my personal opinion. Learn to save, learn to invest, learn to speculate, and don't bother with gambling at all. The darker side of sports is the millions that influential people are paid to promote gambling. I think it's fundamentally wrong. So let's help each other out. Hit the share button. Thanks for tuning in. Sorry I haven't talked about this enough. And remember this: if you don't risk anything, you risk everything.
