Yes, if borrowed money is put into good use then nothing is wrong in borrowing but if it's put into gambling then it's not right use of the borrowed money. Gamblers these days don't really care about losing even borrowed money, and surely they can sell most household items and even their bodies to fulfill their urges.
I will not is agree with you because I have seen multiple people around me like one of my close relatives husband was a very addicted Gambler They had a lot of property 15 years ago, but their extreme addiction to gambling day after day led them to addiction to various drugs, and later, as a result of gambling and drugs becoming a regular routine, he borrowed money to gamble and later sold the land to pay off the money. And while doing so, their property, which was 10 times earlier, is now only one time.
I shared this story of mine just because you talked about this borrow and it reminded me of this story because there were similarities in it that he used to borrow and gamble and later he got into a bad situation and at the same time his family is also in a bad situation now.