As we enter the seventh summer since the federal ban was removed on sports betting, gambling revenues for legalized states have skyrocketed exactly as expected. Even regions that have had sports betting in place for years are experiencing annual growth rates that are rarely seen in any other industry. For example, New York’s sports betting revenue for June of 2024 increased by 29% year-over-year even though the activity was legalized back in 2021. Perhaps this has something to do with a new crop of people turning 21 with each passing annum? It’s not a stretch to suggest so given that Americas teenagers are being groomed to be gamblers. Experts expect growth rates to persist in July/August despite these months being the “shoulder season” on the sports betting calendar. This is due in-part to the arrival of the 2024 Summer Olympic Games and opportunity to gambling on everything until the return of college football, NFL, NBA, and the rest.
Amidst this booming industry and its record breaking receipts, calls to helplines for gambling addiction are also experiencing unprecedented growth. While local and state government accountants tally gambling revenues, others are compiling problem gambling statistics. How else may the country determine if what is gained in tax revenue makes the toll on public mental health worthwhile, so to speak? Below is a look at problem gambling statistics for the summer of 2024 that may help shed light on this question.
Problem Gambling Statistics in the USA for the Summer of 2024
Findings from Kindbridge Behavioral Health Q2 Report
77% of individuals exhibiting symptoms of gambling disorder (GD) are male
Nearly 36% of problems gamblers are between the ages of 25-34
Online sports betting is the preferred mode of gambling, at 30.12%, followed by casino gaming at 29.72%
Gambling behavior cooccurs with 53% of those who suffer from Obsessive Compulsive Disorder (OCD)
Gambling behavior cooccurs with 44% of those who suffer from insomnia
Gambling behavior cooccurs with 38% of those who suffer from ADHD
Gambling behavior cooccurs with 36% of those who suffer from chronic irritability
Gambling behavior cooccurs with 35% of those who suffer from social phobia
Gambling behavior cooccurs with 21% of those who suffer from alcohol abuse
Gambling behavior cooccurs with 21% of those with learning disabilities
Gambling behavior cooccurs with 21% of those who suffer from manic episodes
Gambling behavior cooccurs with 15% of those who suffer from panic attacks
Gambling behavior cooccurs with 9% of those who suffer from PTSD
Other Problem Gambling Statistics (Summer 2024)
Secondary source: FutureDirections.org
Nearly 15% of problem gamblers have committed a crime specifically to support their addiction, while nearly 50% of problem gamblers are criminal offenders
“White-collar” professionals who have a gambling problem are more likely to commit criminal actions than other types of workers
About 3% of problem gamblers in the USA are $300,000 in debt due to their addiction
Suicide rate is 16 times higher for problem gamblers
Divorce rate for habitual gamblers is 31% compared to 21% for those who rarely gamble
***Nearly 50% of problem gamblers are not receiving treatment for GD***
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