Quote from: smartaction on Today at 06:39:13 AM

Quote from: seoincorporation on September 13, 2022, 08:56:20 PM

Let's be honest, money laundering is the best thing that can happen to a casino and there is where most of high rollers comes from. I have seen some rollers in the past that runs some huge scams and then go to the casinos to play with the scammed money and with that justify where they get the money from after hitting some huge wins.

Nowadays most casinos has KYC, but i don't think that is enough to stop the money laundering, what casinos should do is to investigate the source of the deposits to fight against this illegal activity, but that will not happen because is a win-win game from them.

So, what do you say, does crypto casinos really care about money laundering?

As almost every casino has KYC system where kyc is required when someone invests huge money or wins huge amount. In that case I don't think a crypto casino can be a big cause of money laundering. Because if someone is doing money laundering there then his identity will be revealed due to KYC so I don't think anyone will choose crypto casino as a money laundering route.

That's true but almost every player out there wants to play on a KYC-free casino. These KYC-free casino would become a target for them money launderers.

If a person comes to " KYC-free casino x" with 100 btc, what should the owner of that casino do? Seize the money? Report the guy to the FBI? Deny service? Or just ignore him?

This is a pretty delicate matter. A person with 100btc very well may be a clean dude.