4 Million Seniors In The U.S Have A Serious Gambling Problem

May 31, 2015 2:34 pm

We spotted this stat today:

“Casino visitation rates among the elderly are surprisingly high, with 28 percent of people aged 65 and older reporting having gone to a casino in 2012, and and 36 percent of those between ages 50 and 64 report having done so, according to the American Gaming Association’s 2013 Survey of Casino Entertainment. And University of Pennsylvania researcher David Oslin told Psychology Today that his research revealed that 70 percent of those 65 or older said they had gambled in the previous year — with nearly 10 percent admitting to gambling away more than they could afford to lose…

The primary risk that seniors face when gambling (and according to Psychology Today, as many as 4 million seniors do have a serious gambling problem) is that they may not be aware of what they’re doing and why — which can transform into an unhealthy physical and financial addiction.”


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