Can gambling make you rich? Yes, and many people have made a fortune from gambling.

Has anyone been rich from gambling?

Zeljko Ranogajec is one of the most successful sports bettors of our time, accruing his billionaire status through casinos, horse racing and Keno jackpots. ... Zeljko not only turns over $1 billion yearly but he has also sent a betting exchange bankrupt! Read more here.

Is gambling a good source of income?

“Gambling is not a good source of revenue, because it's unreliable,” says Ron Snell, director of the Denver-based National Conference of State Legislatures. State budgets can't plan on the winnings; municipal bond agencies don't really want to see casino receipts fund a state's interest payments.