Many gambling web sites lack adequate safeguards and warnings to prevent children and teenagers from placing illegal bets, federal regulators said June 26.

In a survey of 100 popular internet gambling sites, the Federal Trade Commission found that one in five had no warnings for minors and most had disclaimers that were hard to find. The sites also lacked screening mechanisms to keep children out or had blocks that kids could get around easily.

"There is a growing problem with kids engaged in online gambling," FTC Chairman Timothy

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