There is a large majority of people who gamble nowadays, even exceeding more than 1/6th of the total population. A large majority of this would be senior citizens as there is a dearth of opportunities of entertainment for them, most of them are more slot online prepared to spend money on betting rather that spending time on other sources of entertainment.
The most popular form of betting amongst senior citizens is now ‘Bingo’ which apart from being a betting event is also a good way to socialize. So it is a popular way to gamble as well as to meet people. The numbers of senior people betting are increasing day by day and is a cause of concern now. Also nowadays the throw-aways incomes of the senior citizens have considerably improved so that results in them spending more and more time and money in betting it away.
The main reason for the increase in senior betting is the fact that the economy is in a boom phase and the senior citizens are retiring with very large amounts of money and they have very limited avenues of entertainment avenues thus most of them end up spending all the time betting in bingo halls or visiting casinos. Senior citizens are also moving into betting big time as they usually have noting to do nowadays, the world is moving faster and faster and there is noting much that the senior citizens can do except gamble. Society in general has now no time to spend with seniors.
Senior betting now has also become an outlet for them to spend some time and money as this is now considered a more rewarding and entertaining option than any other avenue of entertainment now available. It is also now being considered a more pleasurable activity than any other activity around. The reason why senior betting is popular now is it being a pleasant way to spend some time and be entertained than it being looked up as a revenue stream.
Senior betting as it exists today is more a sign of the increasing social malady that is impacting on us as a society, nowadays we have no time to spend with people not in our age group and they are mostly relegated to senior citizen homes or communities and they because of lack of any other stream of entertainment rely on betting.