And they are realizing to late when that will happen to them so yeah the rich people are of course also gambling.
I think rich people gamble more for fun, but the fact is they gamble in huge amount, as even if they loose they don't care about it as it will not make any difference to their financial status.
I believe it will affect their financial status if they keep on losing continuously, unless they know their limit on how much money to lose on gambling and stop gambling when they reach the limit.
They have their businesses to support their vices in life and they do not worry about losing because they earn more than they lose.
But there are some rich people are gettiNg hook by gambling and many of them get addicted mostly in casino and poker games and they just throwing big money for just 1 day in casino and get addicted with it, i think its really bad for person to get hook im gambling but that is their choice because that is their money even poor people do gambling in simple ways, we cannot take out the gambling to person life because gambling temptation is everywhere and controll is a must.