Probably, especially those who already made an easy money from gambling, coz it will be a distraction to them as they will keep gambling until it affects their mental emotions and become stressed as well, wherein no time to study and their only goal and focus is to make money on gambling. That's why for me it's not advisable for students and they must be banned in any gambling platform.
Objectively speaking, earning money and being distracted from studying is still acceptable, but the story of college students is completely opposite when there is no luck in earning money here, just regular tuition payments, at an age where they are still focusing on studying, the cost of education comes from the family and when they lose in gambling, the cost of education starts to shift to the wrong place. But it is too difficult to have appropriate levels of discipline when education at these ages is too difficult with young people full of enthusiasm and stubbornness in decisions.