The Kentucky Derby 2016 just took place this weekend at the Churchill Downs racetrack in Louisville, Kentucky. It was a huge annual event for horse lovers, but obviously, it was an event for gamblers as well. With that said, let's take a look at a new study conducted by WalletHub, a personal finance website, that tells us which states have the most-addicted gamblers and why.
Many people naturally bet on horse races, but in a lot of cases, racetracks tend to be also connected to casinos. Jill Gonzalez, an analyst for WalletHub, said that the states with the most gambling addicts all have casinos. The one that tops the list is Nevada, followed by South Dakota, Mississippi, Montana and then Oklahoma.
According to Gonzalez, there are two common factors about US states with the most addicted gamblers: the nearness of your home to a casino, and the gambling rules in your state (for instance, does your state have a lottery?).
However, it is really hard to measure gambling addiction, especially since those who belong to the millennial generation do not like casinos.
Richard McGowan, a professor of statistics, economics and business policy at Boston College said, "They certainly don't want to sit there and play in front of slot machines. That doesn't do anything for them."
These days, casinos are trying to reach out to millenials with new machines that allow them to play against each other, which is something that today's young adults seem to really like when it comes to gaming and gambling.Sources: