Are you a social gambler or a gambler addict? Almost half of the 101 million visitors to American casinos in 2014 were age 50 or more.
Gambling is a $66 billion dollar business. One in 11 of those age 65+ have bet more than they could afford to lose the previous year.
1,400 casinos are now operating in 40 states, up from only 2 states 40 years ago.
Several factors contribute to becoming a gambling addict as you age:
1. Loneliness, social isolation, and loss of significant others.
2. Cognitive decline