Many people age 50 and older are joining gaming groups these days. That’s nothing new; bingo and other games have always been a great way to relax and have some fun with friends. But according to a new study, many people aged 50+ are upping the ante, quite literally, by participating in casino games that can leave them penniless if they're not careful.
Since the mid-1970s, the rate at which older people visit casinos has doubled, according to a new analysis performed by the New York City-based think tank Institute for American Values. In 2012 alone more than 50% of people who visited a casino were over 50. Among its findings:
Do you think gambling is a social problem? If so, what can be done about it?