alt Hacker Newswhy can't we have a law that just caps your gambling losses? Everyone gets a federally issued gambling license tied to your ID, if you lose more than X amount the casino is no longer legally allowed to let you play. Casual gamblers can still enjoy, problem gamblers get cut off; just like with alcohol at the bar.
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Interesting approach but crack is illegal and still people are addicted to it.
That effectively destroys the industry, since 90% of revenue comes from 10% of customers.
For the same reason it isn't outlawed to begin with. It makes some wealthy, influential people even wealthier. They, not we, control our government.
Someone could create a market where problem gamblers can buy wagering power (the ability to risk more after reaching their own loss cap) from non-gamblers unless you force physical in person gambling with ID checks.
Gambling should return to being legal in Vegas and on reservations, 24/7 gambling anywhere is very problematic.
I like it in principle, but the pathologically addicted already make additional accounts and pay other people to acquire them.
So it may help by stopping some people from getting to that point, but as a safety net, an important chunk of the victims will still punch right through it.