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Online Gambling Addiction & Seniors
According to some studies, gambling addiction among the elderly is increasing! Even if, according to statistics, the largest group of casino players is ranging from 18 to 54 years. However, it seems that the older players have weak will power.
Although the efforts of charities and anti addiction bodies have been directed to younger players. These studies will lead them to look at the elderly group who appear to be at greater risk!
The most important question here is why older people become addicted to gambling? In fact, gambling addiction does not include drugs, but it is like any other addiction in motives. The addict suffers from deep social and financial disorders. Although he resorts to gambling or alcohol to relieve these pains, he suffers from more crises. This is a vicious cycle that leads to the destruction of the addict’s life!
Recent studies add a new dimension to the problem. As they have shown that lack of entertainment and weak family and social boundaries make them more interested in betting, gambling, stock exchange, forex, and all risky activities; Because it gives them excitement and fun that they lack in their daily lives.
Why Are the Elderly Addicted?
Although the stereotype of the senior people shows them living in ancient times and unable to use the modern tech; this is of course not true! Nowadays old people are avid users of the internet and all tech. They love all kinds of games just as much as youngsters or maybe even more!
For example, in Las Vegas casinos older people represent 1 in every 3 players. In France, 1 in every 2 players at online casinos is over 55. While in the UK, several studies show that 47% of seniors have visited casino at least once in a year.
Old studies that overlooked the gambling addiction among the elderly concluded that the game’s attraction decreases as we get older; So, children and teens are the most interested group in all kinds of games. Followed by young people. Then adults. While players over 55 years aren’t on games.
However, recent studies have shed light on a new trend. More than 30% of people between the ages of 55 and 75 gambled at least once during the current year. Surprisingly, these numbers include both men and women since it is known that women are always a safe distance from gambling addiction.
Not Every Old Gambler Is Addict
It is important to clarify that these numbers do not mean that every old gambler is addicted. But they do suggest the severity of gambling addiction among the elderly only.
In fact, it is very difficult to conduct a direct study to determine the percentage of gambling addicts in a society because the addict does not consider himself an “addict”. Also, it is difficult to convince him to answer all the research questions. In addition, there are a lot of other tasks that involve “gambling” even though it is not casino games. For example, trading forex, CFDs, stock exchange and others. Therefore, this matter requires social campaigns directed to this group.
Could Gambling Addiction Among the Elderly Become More Serious?
Gambling addiction among the elderly is a unique phenomenon in addictive psychology. Although the producers of virtual gambling games and online casinos are preparing their products to suit the younger players, they are attracting seniors more and more deeply!
With the spread of the Corona virus, this phenomenon has taken a completely new direction. At a time when no one felt safe in their life or work, the number of online casino players has increased and their bets have doubled! This means that online gambling does not provide fun just like soap operas and movies, but are an escape from life pressures.
At a time when the media was saying that the pandemic did not pose a threat to the lives of the young. It was saying that the elderly is the most likely to die from it, which is certainly immoral. Perhaps these players found an escape from all negative thoughts only in online casinos!
Taking a more extensive and in-depth look, gambling and sports betting is only a limited part of the problem! Some old person who does not gamble may have the same urges as their addicted peers, and these urges may come in the form of compulsive shopping, disordered eating, or even self-harm.
In addition, the pensions may be enough for the elderly to get an affluent life. So, they may resort to trying their luck at gambling exactly like any person with financial problems.
Current Efforts to Combat Gambling Addiction
Although virtual gambling addiction is a global problem, efforts to combat it remain inadequate. The UK is the most advanced country in this field, and the UK Gambling Commission has made great efforts to tackle this problem. The last decision by the commission was to adopt the GamStop service and require all UK casinos to integrate it. More info.
GamStop is a service that provides free self exclusion for players prone to gambling addiction. The period of exclusion ranges from 6 months to 5 years. During which time the player will not be able to access any of the British gambling sites. However, there is a serious loophole that undermines the effectiveness of this service which is the non UK casinos that are not on GamStop! Therefore, a new service has been launched, GameBan, which allows the player to specify the sites that he does not want to access again on all his devices. Since this app cannot be deleted afterwards, it may be effective in filling the gap of GamStop.
Media Responsibility
It is clear that there the media has a great influence to tackle gambling addiction among seniors.
Instead of the bad trend that seeks to devalue the elderly. The media should encourage them to participate in society and perform constructive tasks that help them and others.
We live in a tough world where everyone is looking out for their own interests and forget the others. So, it is important to maintain the positive bonds that bring us together. Dealing with the pandemic on the grounds that it does not harm young people and is only harmful to seniors was a fatal flaw! And it is a lesson for all media in professionalism and humanity as well.

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Kambi Group plc repurchase of shares during 23 April – 29 April 2025
Kambi Group plc (“Kambi”) has during the period 23 April to 29 April 2025 (the “Buyback Period”) repurchased a total of 10,000 ordinary shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).
The objective of the Programme is to achieve added value for Kambi’s shareholders and to give the Board increased flexibility with Kambi’s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
During the Buyback Period, Kambi repurchased a total of 10,000 ordinary shares at a volume-weighted average price of 118.45 SEK. From the beginning of the Programme, which started on 6 November 2024, until and including 29 April 2025, Kambi has repurchased a total of 1,262,000 ordinary shares at a volume-weighted average price of 108.89 SEK per share.
During the Buyback Period, Kambi has repurchased shares as follows:
Date | Aggregated daily volume (number of ordinary shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
23 April 2025 | 2,000 | 120.13 | 240,268 |
24 April 2025 | 2,000 | 117.86 | 235,710 |
25 April 2025 | 2,000 | 119.02 | 238,034 |
28 April 2025 | 2,000 | 117.57 | 235,133 |
29 April 2025 | 2,000 | 117.68 | 235,365 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 29 April 2025, Kambi’s holding of its own shares amounted to 1,262,000 and the total number of issued shares in Kambi is 29,903,619 ordinary shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary shares, up to a maximum amount of €12.0 million.
A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.
Information on the Programme is available on Kambi’s website, kambi.com/investors/share-information/
The post Kambi Group plc repurchase of shares during 23 April – 29 April 2025 appeared first on European Gaming Industry News.
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WinSpirit Casino Earns AskGamblers Certificate of Trust
WinSpirit is proud to announce that it has officially received the Certificate of Trust from AskGamblers—one of the most respected accolades an online casino can achieve.
This certificate is awarded only to platforms that demonstrate exceptional standards in key areas such as fast payouts, high player ratings, and a strong commitment to responsible gambling. It reflects WinSpirit’s dedication to player satisfaction and further strengthens the brand’s reputation as a trustworthy, high-performing casino.
With this recognition, WinSpirit reaffirms its promise to players: that their funds and personal data are protected, their rights are upheld, and their experience is both fair and rewarding.
“Receiving the Certificate of Trust is not just a badge of honour – it reflects the daily effort we put into building a casino that players and partners can rely on” — says Kate Van Engelen, PR Manager at WinSpirit.
“It motivates us to continue setting the bar high in fairness, support, and transparency,” she added.
AskGamblers is an acclaimed casino affiliate website, renowned for offering players unbiased, accurate, and up-to-date information about online casinos.
The AskGamblers Certificate of Trust now takes pride of place on the WinSpirit website, serving as a clear symbol of quality, reliability, and transparency.
With over 17,000 games, a wide range of payment methods, 24/7 customer support, and generous bonuses, WinSpirit continues to set the standard for excellence in online gaming.
The post WinSpirit Casino Earns AskGamblers Certificate of Trust appeared first on European Gaming Industry News.
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A New Era Arrives As GTO Wizard Technology Integrates With GGMillion$ Live Stream
In the late 1990s, the introduction of the hole card camera revolutionized televised poker, letting fans finally experience the hidden drama and brilliance behind every hand.
Now, GGPoker, the World’s Biggest Poker Room, together with GTO Wizard, poker’s leading educational platform, is proud to announce the next great leap in live poker broadcasting. Starting next Tuesday, May 6th, the GGMillion$ final table stream will feature live, on-screen analysis powered by GTO Wizard’s state-of-the-art technology.
For selected hands, viewers will see real-time strategy insights, revealing the optimal play at each betting street, and letting fans instantly track when players stick to Game Theory Optimal (GTO) strategy or go their own way. The GGMillion$ commentary team will also have access to GTO Wizard’s AI live analysis, allowing for even deeper, more nuanced coverage of the action.
This integration doesn’t just revolutionize the viewing experience — it brings a new layer of transparency and trust to the game. Each player’s decisions at the final table will be monitored for fairness, ensuring the highest integrity on the game’s biggest stage.
For the first time, poker fans will get a front-row seat to the true strategic battleground — and experience exactly what separates the world’s best players from the rest. The future of poker broadcasting is here. See it unfold live on May 6.
GGMillion$ is poker’s premier high-roller tournament, a weekly $10,300 tournament with a $1,000,000 guaranteed prize pool, attracting the game’s elite every week. Learn more about GGMillion$ here: ggpoker.com/tournaments/ggmillions/
GTO Wizard AI has revolutionized the way poker is learned and played, continuing to push the boundaries of game theory innovation. Learn more about GTO Wizard AI here: blog.gtowizard.com/ai-and-the-future-of-poker/
The post A New Era Arrives As GTO Wizard Technology Integrates With GGMillion$ Live Stream appeared first on European Gaming Industry News.
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