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There is a law project in my country about gambling, which is beyond many people's imagination.
So the TLDR:
- Citizens can only gamble 10% of their income
- Banks need to watch for all transactions and stuff to determine if more than 10% is spent on gambling
- If more than 10% is exceeded, the gambling organization, not the gambler, will get a fine
Now there are many ant-gambling laws in EU, but this seems one of the craziest because it breaches many law principles such as, privacy rights, non-discrimination rights, and culpable responsibility rights.
In this regard, China is just better as it just bans gambling altogether and that seems much fairer.
IMO, I agree with most of the studies that gambling can't help society in its current form. It is yet another wealth transfer mechanism from the poor to the rich. If we can't invert the equation by targeting and implementing redistributive measures from rich to poor, gambling is worse than a zero-sum game, and in fact, it accelerates societal downgrade. 1 reply
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