A 2006 study by the Federal Reserve Bank of Boston found that patrons who frequent casinos catering to local markets do not bring in any new money to the local economy and are simply substituting gambling for other goods and services. Nationwide the overwhelming majority of casinos cater to locals.
US study examined more than 700,000 online gamblers and only 4% made money from online betting
In a first-of-its-kind study from the University of California San Diego Rady School of Management, researchers have identified comprehensive insights