Predatory gambling operators are fond of framing their scheme as a “voluntary tax.” Yet according to the California Attorney General’s 2006 study titled “Gambling in the Golden State”, problem and pathological gamblers cost California $1 billion per year, more than half what the state received in gambling revenues. Read the report below.
US study examined more than 700,000 online gamblers and only 4% made money from online betting
February 17, 2025
In a first-of-its-kind study from the University of California San Diego Rady School of Management, researchers have identified comprehensive insights