October 26, 2020

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Young male gamblers on sports betting splurge during COVID-19 lockdown, research shows – ABC News

Young male gamblers on sports betting splurge during COVID-19 lockdown, research shows - ABC News

Online gamblers are blowing more money during the pandemic, with a new study revealing one in three signed up for new betting accounts in June and July.

Men aged 18 to 34 made up 79 per cent of new account holders, with the same group increasing their median monthly spend from $687 to $1,075, according to a study released by the Australian Gambling Research Centre (AGRC) today.

The centre, which surveyed more than 2,000 gamblers, said the number of participants who placed bets more than four times a week increased from 23 per
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