Why extremes in gambling regulation always work against the state

The experience of most European countries and the United States clearly shows that excessive strictness in gambling regulation rarely produces the expected outcome. Combating the shadow market solely by tightening legislation not only fails to reduce it but often does the opposite — it strengthens it. The reason is simple: when the legal market becomes overly regulated, expensive, or inaccessible to the player, part of the audience inevitably shifts into the “grey” or “black” zone, where no safety or responsibility standards exist. Read more