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Michigan's gambling control board this month started a 'Don't Regret the Bet' campaign to advise residents to keep their gambling under control during March Madness, the country's most significant annual betting event.

An alarming study conducted by New Jersey's attorney general found that 6 percent of people surveyed in the state are problem gamblers and up to 20 percent of citizens exhibit signs of problematic play.

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The National Council on Problem Gambling's helpline has seen its traffic increase by 21 percent when compared to last year, handling more than 30,000 calls and texts in March, as reported by the Financial Times.

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