The May/June issue of AARP’s tabloid-style Bulletin is an epic eight-page (out of 40) investigative piece on the rapid growth of app‑based gambling, including online casino games and sports betting, and its impact on retirees. It forcefully makes the point that with fixed incomes and limited ability to recover from losses, older adults can face serious financial harm when gambling habits escalate. The piece doesn’t cover much new ground for casino veterans like us, but with an estimated readership of 33 million, it will be an eye-opener for tens of millions of seniors who aren’t aware that igaming in only the seven states where it’s legal in this country will very soon break the $1 billion win mark for operators, per month. You need to be a member to receive the Bulletin and/or read the article online, but the extensive coverage in the latest Bulletin signals that this issue has fully crossed over into mainstream awareness as a major financial and social threat to older Americans.
Source: Las Vegas News