Say Yes to New Hampshire. Say NO to Casinos.
An article in news magazine AlterNet, Senior Gambling Addiction Rates Are Soaring in America, Driven by Corporate Greed and Bad Govt. Policy says America’s elderly are “gambling away their income, their savings, and their chance for a secure future. When they lose, they can’t make it up or start over.”
Some key points:
- Seniors are the fastest growing population of gamblers.
- There are physiological, economic, and social factors that make seniors particularly vulnerable to predatory gambling (“the practice of using gambling to prey on human weaknesses for profit”).
- Proximity and access to expanded gambling matters.
The gambling industry is increasingly targeting seniors as a source of profit, with likely very bad consequences for many seniors and their families, not to mention social services and society, since seniors often can’t recover from their financial losses.
It’s no wonder that NH is a target for expanded gambling as we have the 3rd highest median age of the 50 states and by 2030 nearly half a million Granite Staters will be over the age of 65 – a so-called “silver tsunami,” representing almost one-third of the population.