They often gamble away their retirement savings, social security, and pensions at a time in life when this money cannot be recouped leaving the person destitute and often suicidal.
Many seniors have disposable incomes.
Some have limited financial resources or are looking for that big payoff to compensate an ever-shrinking limited retirement income. Opportunity and availability for elderly to gamble. Some are lonely, have lost a spouse, close friends, or moved from other parts of the country to a new area of retirement, leaving family and friends behind. Seniors are subject to limited alternatives for socializing, often due to availability or physical restrains. Seniors are subject to peer pressure and some are just looking to be with their peers in an exciting and fun activity.