Minors had been flocking to the online Casino site without any restrictions. They can blatantly access gambling sites with their parents' cards, fake their identities and so on.
So the minors are smart enough to fake their online identity? Really? This seems suspicious to me.
So they use their parent's debit/credit cards to gamble? Can't their parents view the transactions on their bank accounts? Can't they reverse unauthorized credit card transactions? If your kid is using your credit card to gamble, you are a lousy parent.
This new KYC regulation won't solve the problem. The real problem is the unregulated casinos that don't require ID verification. Who is going to stop those casinos from accepting underage gamblers? Another part of the problem is the aggressive advertising of casinos and sportsbooks.
We can't discount the fact that minors knows a thing or two on how they can circumvent to continue their gambling. At least maybe some of us here when we were young have some tricks on their sleeve to not even around suspicions from our parents that we are indeed gambling.
But perhaps the government thinks this is a good way to at least control, but not sure if it will be effective in the long run. There could be loopholes that this minors can exploit.