SectorWire
SearchGet the daily briefing
Menu

AGA study finds 41% of gamblers have high financial literacy

Regulation

The American Gaming Association said its study found that 41% of gamblers had high financial literacy, compared with 27% of non-gamblers. It also found that prediction-market users’ tested mathematical ability was similar to that of non-gamblers, despite their confidence, and linked higher financial literacy with higher Positive Play Scores.

The findings may inform operators’ responsible-gambling education and regulators’ assessment of prediction-market consumer risks.

Request a correction

Keep reading

Regulation

Bank of America study finds younger customers make up 88% of betting users

Bank of America Institute reported that Gen Z and Millennials accounted for 88% of its customers with online betting activity in July in the United States. Its analysis of aggregated, anonymised bank transactions found active users up 40% from early 2026, while first-time payments to identified platforms more than tripled in June and July compared with January. The study covered online sports betting, horse racing and prediction markets, but excluded social gambling and other casino gaming.

Continue reading