Volk Investigates Trump Street
Wednesday, July 26th, 2006This Philadelphia Weekly cover story by Steve Volk is a very, very good read.
According to the Illinois Institute for Addiction Recovery, 4 to 6 percent of people who try gambling will become "problem" or "compulsive" gamblers, an estimate accepted by most researchers.
A problem gambler suffers serious disruption at home, in relationships or on the job; a compulsive gambler often loses control, betting in the face of mounting negative consequences.
"Problem gamblers have some of the highest rates of suicide and self-destructive behavior of any of the mental health disorders," says Keith Whyte of the National Council on Problem Gambling. "They're far more likely to commit suicide than the average population, and approximately 20 to 40 percent will file for bankruptcy."
A University of Chicago study found problem and pathological gamblers were about four times more likely to be fired than nongamblers and two and a half to five times more likely to file for bankruptcy. In addition, some 20 percent of problem gamblers attempt suicide.
A Creighton University study looked at bankruptcy rates in counties with and without casinos over a period of 12 years, and found bankruptcy rates had quadrupled in counties with casinos and tripled in those without. If the model holds true here, more than 200 additional people will declare bankruptcy in Philadelphia County yearly after casinos arrive.
The study also found bankruptcy rates in casino counties shoot up eight years after gambling is introduced, demonstrating how long it can take for problem gamblers to hit bottom.
The city's own task force, employing a formula developed at Harvard Medical School, estimates that some 31,000 Philadelphians are probable problem or pathological gamblers.
Casinos bad. Article good.





