Several years ago, the author relates how he discovered that one of the undergraduates in his university has asked in an online bulletin board information on where one could find $25 or $50 Texas hold 'em games. It was then that he realized the subsequent growth of gambling among students and the seeming ambivalence to it on the part of many in higher education. In this article, the author describes some the of dramatic examples of students who have been brought to ruin as a result of pathological gambling. As such, the author calls on colleges to take a hard look at gambling among students. The author also offers suggestions on how higher education can deal with the varied risks of campus gambling.