With the increasing pervasiveness of government-sponsored gambling, the issue of the dischargeability of gambling debt has become very significant. The attached report by two U.S. Trustees of Indiana highlights several major problems including how one research group suggests that about 10 percent of bankruptcy filings are linked to gambling losses, 20 percent or more of compulsive gamblers are forced to file bankruptcy because of their losses, and upwards of 90 percent of compulsive gamblers use their credit cards to gamble.

GAMBLING ON DISCHARGEABILITY: Casino debt collection practices