Post
Topic
Board Gambling discussion
Re: Blockchain + KYC can greatly improve Gambling Exclusion to prevent Addiction
by
Japinat
on 05/09/2025, 05:19:15 UTC
In my opinion, uing Blockchain + KYC for self-exclusion is a strong idea because it combines transparency with identity verification. Blockchain alone can flag addictive gambling behavior, but players can bypass it by creating new wallets. With KYC, casinos can link activity to a verified identity, making it harder to evade restrictions. This is typically efficient whereas a global system where flagged addresses or identities are recognized across platforms could truly reduce problem gambling.
But the question is, will the government really put effort into figuring out who’s addicted or not? I doubt they’d spend their time on that. What they’ll focus on is anti–money laundering, investing in tech and systems to monitor transactions.

As for gambling addiction, they’ll probably just issue warnings or run educational campaigns, but they won’t go deeper since gambling addiction itself isn’t a crime.

If the government is willing to implement such a regulation, do you think the idea is feasible?  The action is not on the government side, so the government has nothing to do but make it a regulation.  The end work goes to the casino since they have to follow the regulations.

Okay, let’s say the government does push through with that kind of regulation and requires casinos to comply.

But then what? What will the government actually do with all the data they collect? Are they going to call out gamblers who are flagged for too many transactions and stop them from playing? And if so, how would they even implement that in a systematic way? We’re talking about millions of gamblers here, and the government only has a limited number of people working in this sector.