Not a Good Bet . . .

A recent article online addressed the increase in recent years of gambling amongst young adults. Here are some stats worth thinking about:

  • American men aged 14-22 who said they gambled once a month rose 20 percent from 2004-2005.
  • 2.9 million Americans between the ages of 14-22 gamble on cards at least once a week.
  • 50.4 percent of male college students gamble on cards at least once a month.
  • 26.6 percent of female college students gamble on cards at least once a month.
  • Internet gambling generated $3.1 billion in revenue in 2001.
  • Internet gambling generated an estimated $12 billion in 2005.

With the increased interest in poker amongst college-age people, it is sad to see so many lives being drawn into the trap of gambling. I think of the words of the Teacher in Ecclesiastes 5:10:

Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. This too is meaningless.


Discover more from Matthew Erickson

Subscribe to get the latest posts sent to your email.

2 Replies to “Not a Good Bet . . .”

  1. Internet gambling is not just an American problem either. 2005 saw a surge in online gambling in China to the (conservatively estimated) tune of $ 5 billion dollars leaving the country in gambling losses. This amount is equivalent to China’s total revenue from tourism in 2004!

  2. Internet gambling is not just an American problem either. 2005 saw a surge in online gambling in China to the (conservatively estimated) tune of $ 5 billion dollars leaving the country in gambling losses. This amount is equivalent to China’s total revenue from tourism in 2004!

Leave a reply to Todd Cancel reply