College guys gambling more!

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Posted on Oct 19th 2010  -  Subject: College guys gambling more!

According to a study published in the Bloomber BusinessWeek, researchers estimate that approximately 1.7 million U.S. males aged 18-22 gamble online at least once a month. The monthly use of online gambling sites for college guys in the U.S jumped from 4.4 percent in 2008 to 16 percent in 2010.

Projected on a national basis, the findings suggest that more than 400,000 college-aged males aged 18 to 22 go online to gamble at least once a week. The survey showed that there isn’t really a significant rise in online gambling among high-schoolers despite a growing prevalence of online gambling sites. Furthermore, the increase in gambling among college guys suggests that the UIGEA and payment restrictions have been utterly ineffective in becoming a barrier to online gaming access.

The numbers seem to suggest that the proliferation of onling gambling options hasn't let to a rise in under aged gamblers. On the other hand, the fact that more college aged males are playing online despite the payment restriction imposed by the UIGEA demonstrates how ineffective the law has been. Industry insiders aren't at all surprised by the numbers and the lack of impact that UIGEA has had.

Will this figures influence those in government to reconsider and re-evaluate the way in which online gambling in U.S is being handled, moving from the present failed system ot a regulated one, only time will tell.

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