23 Feb '12, 1pm

Increase in low-income gamblers betting large amounts

Increase in low-income gamblers betting large amounts

AsiaOne Thursday, Feb 23, 2012 Low-income gamblers who bet large amounts have increased, according to a survey conducted by the National Council on Problem Gambling (NCPG). Their monthly average betting amount of more than $1,000 has increased from 0.8 per cent in 2008 to 6 per cent in 2011. The survey said the overall median monthly betting amount fell from $100 in 2008 to $40 in 2011. But the average amount rose from $176 to $212 over the same period, especially for low-income gamblers. The survey found that probable pathological gamblers gambled more frequently - 68 per cent gambled at least once a week compared to 43 per cent for all gamblers. A pathological gambler is someone who cannot resist impulses to gamble. Poorer self-control in gambling was detected among those who participated in horse racing, online and casino gambling. The survey also found that 47 per cent...

Full article: http://www.asiaone.com/News/Latest%2BNews/Singapore/Story...

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