Are You Gambling Away Your Retirement?
Did you know that seniors are one of the fastest-growing groups of gamblers? According to one study, gambling was the most frequently identified social activity among adults over 65, with casinos and bingo surpassing movies, lunch, shopping and golf as preferred social activities. Learn more about why seniors are vulnerable to gambling addiction and the signs of problem gambling.
Retirement is a Terrible Thing to Waste
Given the subtle nature of gambling problems, how can you identify someone who is at risk for compulsive gambling? Here are eight warning signs of a gambling problem:
- Increased frequency of gambling activity
- Increased amount of money gambled
- Gambling for longer periods of time than originally planned
- Bragging about wins, but not talking about losses
- Pressuring others for money as financial problems arise
- Lying about how money is spent
- Escaping to other excesses (alcohol, drugs, sleep, etc.)
- Denying there is a problem
Gambling: From Recreational to Addictive
Most people enjoy gambling in a responsible manner. But some develop an addiction to gambling, suffering social, emotional and financial devastation. Virtually anyone—men or women, young or old, and those from every religion, race and socio-economic background—is at risk for developing a gambling problem. Read about the signs of problem gambling here.
Recovery from gambling addiction is possible.
My name is Randy and I’m a recovering compulsive gambler. My intent is to provide insight into my recovery and that of others who I have come to know during the past six and half years. The title Recovery Lines has special meaning for me. Not just about the numerous helpful resources that are available for compulsive gamblers, but also about how I viewed myself . . .
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Annual dollar amount spent on daily fantasy sports in 2012
Annual dollar amount spent on daily fantasy sports in 2016