AdvertisementIt tracks: The closer you live to a casino, the likelier you are to develop a gambling problem. About 1% of US adults have a severe gambling problem, according to the National Council on Problem Gambling, and 2% to 3% have a mild or moderate problem. Advertisement"By the time everyone gets all excited, we're talking about really large credit-card debt, really large debts to friends and family. A lot of online debt," said Timothy Fong, a clinical professor of psychiatry at UCLA and a codirector of its gambling-studies program. In the sports world, we've recently seen some high-profile examples of young men getting into hot water from sports betting.

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Persons: that's, Brett Hollenbeck, Hollenbeck, It's, Michelle Malkin, You've, Timothy Fong, Fong, Young, we've, Shohei, Ippei Mizuhara, Jontay Porter, Malkin, doesn't, it's, Emily Stewart Organizations: University of California, University of Southern, UCLA's Anderson School of Management, National Council, East, East Carolina University's, Policy Initiative, UCLA, MLB, NBA, Sports, Business Locations: Los Angeles, University of Southern California, East Carolina, America, New Jersey