I was going to ignore this but God I really hate the ignorance in this statement. I’m genx. Gambling affects everyone. There are plenty of kids and teenagers and christ that’s who’s being targeted.
Yeah if anything gambling is the hot new addiction for young people. Gen Z drinks less, does less drugs, and even fucks less, but they gamble more. As a millennial I remember when gambling was mostly old people at casinos, but that’s not the face of modern gambling. These days it’s online casinos and sports betting apps. It’s increasingly stuff like polymarket.
Yeah - the old, retired people wasting money on slots is definitely a thing, but another side of the market are people who are desperate and don’t see any way of elevating themselves out of poverty except to win big.
And gambling companies are 100% willing to take advantage of those people and take whatever they have.
I think it’s because it’s much more visible in boomers as they’re more likely to be gambling in casinos whereas I’d bet (ha) the majority of betting is online these days.
Go into any casino and see what the age distribution is, in my experience the majority are boomers.
Exactly, they’re trying to get the new generations as interested as the ones on the way out. It’s addictive and now there’s algorithms to make you ‘win’ just enough to stay hooked. That combined with being able to gamble on more than stocks, there’s bound to be a huge shift either direction.
Boomers with too much time amd money, cos they could afford to retire at 50 and still have enough money to waste on stupid things
I was going to ignore this but God I really hate the ignorance in this statement. I’m genx. Gambling affects everyone. There are plenty of kids and teenagers and christ that’s who’s being targeted.
Yeah if anything gambling is the hot new addiction for young people. Gen Z drinks less, does less drugs, and even fucks less, but they gamble more. As a millennial I remember when gambling was mostly old people at casinos, but that’s not the face of modern gambling. These days it’s online casinos and sports betting apps. It’s increasingly stuff like polymarket.
Yeah - the old, retired people wasting money on slots is definitely a thing, but another side of the market are people who are desperate and don’t see any way of elevating themselves out of poverty except to win big.
And gambling companies are 100% willing to take advantage of those people and take whatever they have.
Yeah boomer hate is in vogue, we would have thought only boomers would get distracted from class wars by gen wars.
I think it’s because it’s much more visible in boomers as they’re more likely to be gambling in casinos whereas I’d bet (ha) the majority of betting is online these days.
Go into any casino and see what the age distribution is, in my experience the majority are boomers.
Exactly, they’re trying to get the new generations as interested as the ones on the way out. It’s addictive and now there’s algorithms to make you ‘win’ just enough to stay hooked. That combined with being able to gamble on more than stocks, there’s bound to be a huge shift either direction.