I think it is a good one but there is a loop hole in this and they forgot that this is online and people could just easily create multiple account and use fake I.D's to do the KYC.
But I like their idea on having a soft cap on every gambler it would help a lot for those problematic gambler I think it would lessen those who are already addicted to it,
But they also need the help of the people around them to cure their gambling addiction.
I think proving that you can afford your losses will be much easier than creating alts and using fake I.D.'s, which will lead to other offenses when caught. It is not actually the government's responsibility if people ended up getting addicted to gambling, that is why there is sin tax that is imposed to any gambling income which is higher compared to any other taxes, to discourage people from gambling. People are expected to be responsible for their own money and actions.
It should be but we do know that not all government on each countries would really have similar mindset on how to run things up and ending with this kind of setting up some limitation
which is actually non-sense because its just too small.You are definitely right when it comes to tax on where these businesses do really give out one of the biggest part yet we know
on how much revenue they do generate on annual basis.If they arent really that much to care on that then they will really be imposing this kind of rule but i dont really believe
that they are much of concern into their citizens.They are just slowly or gradually trying to get rid of it for sure.