I'm not sure how this would work entirely but one regulation I would put on online gambling to help mitigate the damage - cash only. No credit cards allowed.
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Those pit bosses put the fear of God in people. Plus it only takes one loan from a credit union to destroy these people. Look at what the guy in upper management for the NFL jags did. It wasn't a CC that brought him down, it was bad loans.
Unfortunately addicts would simply find a way to borrow elsewhere to get the cash to gamble
(And online gambling sites would either partner with or shadow-own that lender)
Yes, which is why you add friction at every point. The point isn't to stop an addict from participating in the addiction, nobody but themselves can do that.
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(And online gambling sites would either partner with or shadow-own that lender)