A study conducted at UC San Diego in 2023 revealed insights into the behavior of online casino players and betting in North America. It analyzed the habits of over 700,000 North American gamblers, and the results were quite consistent: 96% of participants lost money while gambling. However, the most intriguing finding was that low-income gamblers exhibited a significantly more irresponsible attitude toward gambling expenditures.
🔍 Key Conclusions:
📊 Statistics on Players in Canada (2019-2023):
💳 Average Player Expenses:
📈 Market Growth from 2019 to 2023:
📞 Impact on Society:
- 96% of players lose money. For most, gambling is a pathway to loss rather than gain.
- Low-income players tend to engage in riskier behavior, often exceeding recommended gambling spending limits.
📊 Statistics on Players in Canada (2019-2023):
- 43% of players spend more than 1% of their salary on betting.
- 5.3% spend over 10% of their income, and 3.2% spend more than 15%.
- The average income of players was higher than the national average in the United States: $130,096 compared to $106,400.
💳 Average Player Expenses:
- The average player made 21 transactions, of which 18 were deposits.
- The total amount of deposits was $1,375, while the average withdrawal amount was $742.
📈 Market Growth from 2019 to 2023:
- The number of downloads of betting applications increased from 6 million to 33 million.
- The volume of bets grew 14 times, and taxable income surged 18 times.
- The largest operators in the U.S. are DraftKings and FanDuel, followed by BetMGM, BetRivers, and TVG.
📞 Impact on Society:
- The increasing legalization of online gambling has led to a rise in calls to help hotlines. This surge is particularly noticeable after 2021 when five states, including Michigan and Arizona, legalized online betting.