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Not exactly like that, still if the casino see some suspicious actions from your account,
even you have your KYC they can still interfere and prevent your from dealing with the house, freezing your capailities whenver they see something that they've suspecting to be illegal, but yes, in some other point having completely validated gives you some comfort not being
hot from the eyes of the house owners as long as there's no problem while you are using their service.
Even if that were to happen, at the least you are likely to be suspected and have your account suspended and if it ever comes to that, you can say that you have submitted your identification and hopefully could help with the suspension of the account.