The cost of living is causing problem gamblers to relapse in order to make ends meet.
LONDON (Bywire News) - As the worsening cost of living in Britain continues, many different people have looked to gambling and investing in crypto as a way to bridge the gap between their income and outgoings. Many will be risking their financial futures.
GamCare, a national gambling helpline stated that they had received calls from individuals receiving state welfare making the conscious decision to gamble in the hope of countering the soaring energy and bills evidently, they lost their welfare payments.
The charity added that people whom they had previously helped had since relapsed back into gambling amid the growing financial constraints.
Out of the Group of Seven advanced economies, British households have faced the highest rate of inflation, hitting a 40-year high of 9.1% in May with the Bank of England warning that inflation could hit well over 11% by October.
A YouGov survey conducted...
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