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Saturday, February 12, 2022

This is the amount of wealth that Americans will lose to commercialized gambling in 2018

 

Americans are expected to lose $118 billion of their personal wealth to commercialized gambling in 2018. Many of these citizens, some of whom are your family, neighbors and co-workers, suffered life-changing financial losses.

When you look at the bigger picture, the American people are on a collision course to lose more than $1 trillion of wealth to government-sanctioned gambling over the next eight years.

This is happening at the same time that around 50 percent of the US population has zero or negative net wealthmeaning their debts equal or exceed their assets.

This was the message we delivered in our testimony before Congress last month. You can watch our brief testimony here or by clicking the video image below. You can also read our longer, more detailed written testimony here.

Our national network is made up almost entirely of volunteers who take action because of what we believe:

  • We believe everyone in America should have a fair opportunity to get ahead and improve their future.
  • We believe every person’s life has worth and that no one is expendable.
  • We believe that a good society depends on the values of honesty, concern for others, mutual trust, self-discipline, sacrifice, and a work ethic that connects effort and reward.
  • We believe no agency or entity of government should depend on predatory gambling to fund its activities.

Today, we're taking part in a national day of philanthropy which has become known as Giving Tuesday. We're a 501c3 public charity. If you believe what we believe, please include our mission as one of the recipients of your charitable giving today.  

Please give safely and securely by contributing at our website's donations page. Thank you!

Best,

Les Bernal
National Director
Stop Predatory Gambling

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Stop Predatory Gambling

Who We Are —

- A 501c3 non-profit based in Washington, DC, we are a national government reform network of individuals and organizations from across the U.S.

- We believe in improving the lives of the American people with compassion and fairness, freeing us from the lower standard of living, exploitation, and fraud that commercialized gambling spreads.

- We are one of the most diverse organizations in the United States, one in which conservatives and progressives work side-by-side with with a common national purpose.

What We Stand For —

- We believe everyone should have a fair opportunity to get ahead and improve their economic standing.

- We believe every person’s life has worth and that no one is expendable.

- We believe that a good society depends on the values of honesty, concern for others, mutual trust, self-discipline, sacrifice, and a work ethic that connects effort and reward.

- We believe no government body should depend on predatory gambling to fund its activities.

If you share our beliefsplease help sustain our work by making a tax-deductible, financial gift today of $10 or more.







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