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John Corby

How did Americans manage to lose $119 billion gambling last year?

 
How did Americans manage to lose $119 billion gambling last year?
Posted February 10th, 2014 @ 3:09pm

(Photo credit: Getty Images)

Last year, Americans lost a total of $119 billion in gambling. That's more money than Bill Gates ($72 billion) or Warren Buffet ($58 billion) and $11 billion less than the two men combined. How did we manage to do that?

1. Escapism, entertainment, and boredom

2. Social activity

3. Excitement and thrill

4. Self-delusion.

 

Read more here.

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