Quote from: carlisle1 on June 09, 2021, 11:41:35 AM

Quote from: LUCKMCFLY on June 09, 2021, 02:14:18 AM

Quote from: babygun on June 09, 2021, 01:32:11 AM

I think many crypto casinos have somewhere in their terms that they ask KYC in case of something suspicious or when winning a large sum, but many don't require it yet to play on their site.

This is very true, the reason is very simple, now casinos are protecting themselves from money laundering, because it is very easy to put money into a casino and then withdraw it to any address, where the bridge is the casino to take liquidity from it. , if there is KYC things change, and later if it is a whale-style player like the ones on stake.com it is different, because the millionaire profits can be withdrawn instantly as they have shown in their thread, these things also go into special cases that every casino should have.

It can use as an easy bridge to launder money, depositor can send crypto to their wallet and play a little then afterwards withdraw the amount of money
and enjoy without having any issue,

But with KYC, it's not that easy access they need to provide information and they are subject for verifying their account,.

Just the same with what you've mentioned, there should be some cases where they may allow someone who choose being anonymous.

There's whales or big players that still insist their privacies.

If you are absolutely right, what happens is that anonymity and privacy are considered a right that should not be taken away, the only thing is that when providing KYC it brings a series of problems later, government entities can inquire about it to the given data, since people who move a lot of money can be subjected to investigations, and it will be very easy to locate them to ask the origin of their funds. Of course, not everyone who handles large amounts of money means that they are involved in crime or money laundering, there are people who can make those deposits in crypto because they really like to play and handle such huge amounts.