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Even low levels of gambling linked to financial hardship, study finds

People who bet 3.6% of monthly outgoings were one-third more likely to miss mortgage payment People who bet even relatively small sums are more likely to suffer financial hardship and unemployment, while heavier gamblers die earlier, according to a landmark study analysing data from millions of bank customers. In a report thought to be the largest of its kind carried out in the UK, academics tracked the links between gambling spend and problems experienced by 6.5 million Lloyds Banking Group customers over seven years. Related: Gambling firms in Great Britain ordered to slow down online slot machines Continue reading...

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