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And many young people who gamble need help. According to 2017 research from Imperial College London, gambling addiction activates the same brain areas as drugs and alcohol. That¡¯s a big reason why, in 2013, the American Psychiatric Association reclassified gambling as an addiction, rather than as a ¡°behavioral control disorder.¡± The National Council on Problem Gambling (NCPG) says people under 35 who wager on sports are five times more at risk for gambling problems than people over 65.
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The entire online gambling industry isn¡¯t to blame for the actions of a few criminals. Making it illegal to gamble online, however, is seen by some as an extreme solution. Results of studies have shown that legalized gambling provides tax revenue benefits and allows governments to offer better consumer protections.
But younger bettors don¡¯t use bookies. They want to be on their phones, and sports gaming companies know that. Their business survival practically depends on engaging with people ages 21 to 30, gaining them as customers, and keeping them coming back.