KYC is normal in Casino and Gambling addiction is also normal in gambling Industry. It is studied that gambling addiction can be addressed by integrating Blockchain technology coupled with KYC to trigger an automatic self-exclusion program.
So, this is the "
sauce" under which KYC is now served?

It turns out that KYC can protect gamblers from gambling addiction.
With the help of blockchain, casinos can temporarily block people who are so immersed in gambling and show signs of gambling addiction. Since blockchain wallet is tied to the casino, the casino can create a temporary flag to the address and block it with certain time cooldown.
Let the casinos then implement a function similar to "
parental control", when you can set the time available for gambling.
The challenge is that this method can be easily circumvented by creating a new wallet and play again due to anonymity. It is said that this can be fixed by implementing KYC. Blockchain plus KYC will identify the player even if the player creates multiple addresses.
This is the path to total control of gamblers.
What is good about this strategy is that blockchain record can be shared globally, so the tagged address can also be blocked by other casinos, preventing the person to deepen its gambling addiction by preventing them from indulging in online gambling.
I would call it "
gambling slavery". The gambling industry will be able to add any
lucky "
unwanted" gambler to this "
black list".
Gambling addiction is induced by personal choice and external factors; but people tend to forget everything when they are drowning into gambling addiction, so I think the casino needs to step in by blocking the person's access to the platform, making self-exclusion automatic when signs of gambling addiction are seen.
Automatically? That sounds even more
interesting. I think it would create a pretext for abuse by the casino, because how do you assess whether a gambler has developed symptoms of gambling addiction or not?
What is your take on implementing a global temporary ban on using online gambling platforms using Blockchain+KYC to prevent people from getting addicted to gambling?
I consider this to be just a "
screen" to finally regulate the near-crypto industry (gambling).