Facts About Seniors and Gambling

In retirement, gambling can be a fun, social activity.  Although many seniors find the right balance between gambling and other aspects of life, there are some factors that could increase the risk of developing a problem with gambling.

Factors may include:

  • Increased leisure time in retirement, which could potentially lead people to gamble more than they intended.
  • A decline in income brought on by the transition to a fixed retirement income, which can increase the impact of gambling losses.
  • Major life changes that could lead you to gamble to escape other problems.

GameSense Tips

The more people know about gambling, the better equipped they are to keep it fun.

Here are a few tips to help:

  • Balance gambling with other hobbies.

Whether it’s reading, golfing, or just taking some time away from the tables or slots, every break helps.

  • Set a budget.

Keep gambling enjoyable by setting a budget.  Keep track of how much you’re spending.

  • Set a time limit.

It can be easy to lose track of time when gambling.  So plan ahead, take breaks and set a time limit before you start gambling.

  • Don’t chase losses.

Every game is random, and the house always has the advantage.  It’s important to recognize this and stick to the time and budget limits you’ve set.

  • Leave emotions off the table.

Your mood may affect your gambling behavior.  Gambling when you’re upset can cause you to make rash decisions – decisions you might not make in a regular state of mind.

We’re Here to Help

Visit a GameSense Info Center at any casino for more tips, resources and suggestions to make gambling safer.