Millions of Americans are gambling with money they don’t have, according to a new VIP Grinders survey of 2,000 U.S. adult gamblers.
The survey found that one in four (25.4%) U.S. gamblers admitted to using a credit card to fund their bets. That equates to an estimated 30.9 million U.S. adults when extrapolated to the nation’s adult gambling population.
Meanwhile, one in six (16.6%) said they had borrowed money from friends or family to gamble, equivalent to about 20.2 million Americans.
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The survey also identified the states where gamblers were most likely to bet with borrowed money.
Mississippi ranked first, with…