Important data as more dudes are going bankrupt from betting their lives away by mobile phone . . .
New data suggests that when a state legalizes gambling, the number of bankruptcies rises between 20% and 35%. Financial hardship is one of the main reasons that nationally, an estimated one in five compulsive gamblers considers or attempts suicide, said Spare, a retired substance use and compulsive gambling counselor.
With sports betting going live in Missouri this year, Spare and other experts are worried that outcomes like bankruptcy and suicide will become more severe even if the number of people with gambling disorders doesn’t rise much.
“When you have the prevalence of gambling online — and this is going to be largely online — you have the ability to gamble day and night, basically in a private setting,” he added. “That’s putting gas on a fire.”
Read more via www.TonysKansasCity.com link . . .
'Gas on a fire': Expect sports betting issues in Missouri, experts say
Missouri sports betting will go live by December 2025. What does that mean for 1 million Missourians at risk of addiction?
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