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The association between gambling and financial, social and health outcomes in big financial data

journal contribution
posted on 05.05.2021, 03:30 by Naomi Muggleton, Paula Parpart, Philip Newall, David Leake, John Gathergood, Neil Stewart
Gambling is an ordinary pastime for some people, but is associated with addiction and harmful outcomes for others. Evidence of these harms is limited to small-sample, cross-sectional self-reports, such as prevalence surveys. We examine the association between gambling as a proportion of monthly income and 31 financial, social and health outcomes using anonymous data provided by a UK retail bank, aggregated for up to 6.5 million individuals over up to 7 years. Gambling is associated with higher financial distress and lower financial inclusion and planning, and with negative lifestyle, health, well-being and leisure outcomes. Gambling is associated with higher rates of future unemployment and physical disability and, at the highest levels, with substantially increased mortality. Gambling is persistent over time, growing over the sample period, and has higher negative associations among the heaviest gamblers. Our findings inform the debate over the relationship between gambling and life experiences across the population.

History

Volume

5

Issue

3

Start Page

319

End Page

326

Number of Pages

8

eISSN

2397-3374

ISSN

2397-3374

Location

England

Publisher

Nature Publishing Group

Language

eng

Peer Reviewed

Yes

Open Access

No

Acceptance Date

23/12/2020

External Author Affiliations

University of Warwick, University of Nottingham, Lloyds Banking Group, University of Oxford, UK

Era Eligible

Yes

Medium

Print-Electronic

Journal

Nature Human Behaviour