I think I saw this or an identical article in another thread .....
Anyway, I have concerns about this AML and RG efforts. I consider UKGC one of the best GC globally (quite frankly I am afraid the online market will never truly open in EU without UK defending it).
My concerns are that the way it is done it is actually making things worst! Because
fast payments and high RTP are very important and nobody cares about them.
How is AML done? By delaying payment. How is RG done? By delaying payment. Ok, maybe they will also stop some deposits, but is that going to cure addiction? More likely it will make players go to unsafe and illegal gambling.
Fast and unlimited payments help manage your balance (and your addiction) in the best possible way. AML, the way it is now or even stricter is definitely delaying payments, costing players a lot of money and causing addiction.
For example, lets say I win big. AML and KYC will immediately kick in and delay the payment. If I can't manage my gambling I may not wait, reverse and lose it all. Emotional reaction to the big loss leads to uncontrolled gambling, financial, personal and maybe legal problems and addiction. You won't see any study about that, mostly because everybody loves money. Governments love money, politicians love money, gambling industry loves money.
I don't blame all of them. Some just don't know any better. Someone has to say something so I say it and hopefully someone important will listen.