Here's the uncomfortable truth: if it's available online, people will find ways to harm themselves with it. The accessibility problem is real, and it's getting worse.

According to Ismail Vali, founder of Yield Sec, the current regulatory framework is struggling to keep pace with how fast unlicensed gambling platforms are evolving. Traditional legislation simply wasn't designed for the borderless, instantaneous nature of internet-based betting.

The issue isn't just about older, established forms of gambling either. New variants emerge constantly—some wrapped in gaming aesthetics, others hidden in seemingly innocent apps. Without up-to-date laws and enforcement mechanisms, bad actors operate in legal gray zones where users have virtually no protection.

Vali's point cuts to the heart of a larger problem: innovation in the gambling space often outpaces regulatory response. By the time authorities catch up and draft new rules, the industry has already pivoted to newer tactics.

Effective legislation needs to account for these realities. It's not about banning everything—it's about creating frameworks that protect vulnerable users while distinguishing between legitimate operators and predatory ones.