Post
Topic
Board Gambling
Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘
by
suzanne5223
on 10/10/2022, 18:07:29 UTC

There are some casino that has already integrated Monero as a payment method before the compliance risk which led to the delisting of Monero on some tier 1 exchanges and the integration of Monero can still happen in some casinos. However, it's going to be 1 out of 10 casinos because of any form of anonymous deposit or withdrawal against casino Master license holder rules and regulations.

Yes, and I really like that integration in the event that it happens, because not everyone will do it, perhaps for fear that they might give them even more follow-up? I'm not very sure, but the SEC may be able to get in there, I think that the current KYC requirements that are so demanding, both for casinos and exchanges, is for that same action, to be able to do follow-ups, so they don't use Monero, because I've seen As an exchange as prestigious as Binance, they have surrendered to the is of many governments and authorities of some countries and have blocked many users of the exchange, including the blocking of some user funds that those governments considered suspicious, this is good for users. which are bad actually, but Monero makes the transactions more private, and more anonymous, I think that would make it more difficult for the authorities to trace them. I think that may be a compelling reason today.
The SEC doing some follow-up is the reason why I said if we're going to count 1-10 the casinos that will make use of XMR in the future it will be only 1 casino which believe may be created by a privacy focus project.
The exchange like Binance has to surrender to the authorities because it's never a DEX, to begin with, but I'm surprised that they never delist Monero.
Having said that, I just want people to understand that no matter how we like privacy and no KYC for huge withdrawals on casinos since Cryptocurrency is the talk worldwide we will never escape the KYC aspect except if a privacy focus project creates a no KYC casino but if we consider the risk involved it doesn't worth it.

I think this trend will continue and probably get more extreme in the future
governments sanctioning privacy tools and people having to find alternatives if they care about privacy
it won't be different with online casinos.
Yes, and that's where we have to assume that if things aren't done that way, then it doesn't make sense, that is, the casinos have to side with the players, in the future there will be many problems that have to do with privacy, the dangers will be imminent and no one likes to leave their data on platforms that can be easily hacked and that do not offer them any type of backup, if this is so, if people do not play more in casinos they would simply fail, so it will become something very complicated, because there will be casinos that go against all KYC, and of all lack of identification, let's not be surprised that casinos with 0 KYC will come out.
Let's not forget that 98% of all crypto casinos have sided with the players but the abuse and manipulation of some gambling users which used casinos to tint stolen crypto are what make the SEC and other government agency to introduce the KYC/AML in the crypto casino setting. Besides, we need to understand the casino is not happy about spending some extra funds on KYC verification and user data protection.

Having said that, if the platform can be easily hacked as you said a lot of issues would have happened before now.