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Young male gamblers on sports betting splurge during COVID-19 lockdown, research shows – ABC News

Financial reports from Australia’s most popular online betting companies show they have been raking it in during the pandemic, with a study revealing one in thr…

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Online gamblers are blowing more money during the pandemic, with a new study revealing one in three signing up for new betting accounts in June and July.
Key points:

  • New research shows young men are spending significantly more on online betting
  • The rise comes despite widespread job losses during the pandemic
  • Bookmakers said the rise in online spending came as revenue dipped at bricks-and-mortar betting venues

Men aged 18 to 34 made up 79 per cent of new accou…

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