What I have noticed with aged gamblers is that, they do it for Fun, older people tend to get lonely sometimes and in such a moment they can engage in activities that they are used to, for some reason many of them choose gambling as relaxation and engaging in the mental process make them go to casino houses where they can engage the minds regardless of the physical conditions, those older retired citizens are the one's gambling for fun in the real sense of it.
I disagree with these statements, because us understanding that everyone who is into gambling is participating in the gambling because they needed profit from gambling websites, so both the aged person and the one that not aged, their primary vision to participate in gambling is to make money, anyone who says that they gamble for fun should gambling with 1m dollars for game he or she knows very well that they lose, an average person that partake in gambling is participating for gambling for the profit sake not for fun, even the rich wants to get richer and that's why they have different investment.
You both are completely not wrong, but we can't still deny the fact that people gamble for both purposes, either for the profit or only for fun or for both, depending on who is gambling, but that does not mean that one cannot gamble only for one purpose alone, and especially for the older people, it comes to a stage where they won't have to care about money anymore.
But what they focus more on is doing what they derive joy in doing, and this time around, if they are gambling, the amount they will use in wagering for a single bet won't be large again; it will be an amount to enable them to enjoy the game and not to stake based on how much they expect to win. The winning is welcomed if it happens, but it's not entirely their only reason for going into the casino to place a bet; some just want to use that medium to associate with people.