in most cases the users don't bring the money so there's that too

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the other thing is that they wouldn't have this problem if they used a strong authentication system

IMO if your security is such that you block people by IP address ranges it's an easy target and sooner or later everyone who uses it is going to get doxxed

If they use strong authentication then it becomes a walled garden. That's where they're headed anyways.

They do bring the money, but only when they identify you. You don't have to log in for that: a revealing IP address is enough to match you on the data broker network and make the (advertising data) sale.