Of course there is nothing wrong with gambling.
As everything in life "the dose makes the poison", meaning that as long as you don't exceed yourself and get everything under control, so it does no become an addiction, you should be fine (same as drinking, or any other habits that can go wrong, if you loose yourself).
Control your decisions, control your life. Gambling is not bad if you really know how to control and to be contented.
I think gambling wrong or not is depend on the individual, if you gamble in normal state, like for fun or as an entertainment is still ok, but if you already play until you bet all of your wealth, or you become addicted then its time for you to stop, that is the point where gambling is wrong