The US sports betting market might be able to take some clues from a recent deep look into its forerunner in the United Kingdom.
A June headline on The Guardian website read, “Gambling Losses in Online Gaming Very Skewed to Deprived Areas-UK Study.” That is obviously an alarming lede, as one of the biggest concerns about gambling legalization is that it disproportionately takes advantage of lower-income individuals.
The article details a newly conducted report led by academics David Forrest and Ian McHale, as well as colleagues from National Centre for Social Research.
What’s in UK gambling study?
Amongst the key findings is that approximately 129,000 customers lost at least 2,000 pounds per year from an analysis of approximately 140,000 UK-based accounts. The story notes that it is perhaps more concerning because of the relatively limited size of the sample.