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Gen Z and millennials turn to AI, gambling to try to tackle thousands in debt: study

Saturday, October 3, 2026 1:41 PM
Photo: Shutterstock
  • Daniel Cody, New York Post

Desperate Gen Zers and millennials are turning to online gambling and AI to claw their way out of crushing debt — in part because of the “approachability” and “judgement-free advice” from computers, according to a new survey.

Sports betting, prediction markets like Polymarket and Kalshi, fantasy sports, day trading and even old fashioned casino gambling aren’t just hobbies — or addictions — anymore; they’re financial survival strategies for cash-strapped adults, according to a new poll from National Debt Relief and Wakefield Research.

A whopping 65% of Gen Z and 49% of millennials who regularly gamble say they have done so to try to eliminate a chunk of their debt, compared to 39% of Gen X and 19% of boomers.

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