Online Gaming.. Is it GOOD or BAD for Children?????

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Just wanna share what happen to some the students , I teach in our school it hass been really a very bad experience for me, not only because of this thing that happen to a certain child which is good at school that suddenly fall down to his study because of an online game.At first he was trying because of what his frends told him, but as time goes by he got hook on the game and handling of the certain character on the game, he also got hooked up because of alot of money he was getting involved by selling the character. Then from that transaction because of some bad buyers , he got killed and die earlier.What can you say about this?? No need to asked my opinion I believe it is bad when it was abuse..