Quote from: dezoel on Today at 06:06:01 AM

Quote from: Yamifoud on October 17, 2022, 12:51:25 PM

Quote from: Z390 on October 09, 2022, 03:13:02 PM

When regulation takes a hit on crypto prob in few years from now what will happen to gambling projects like Roobet and others? I've discovered one gambling project claiming to be regulated but there is nothing to prove that, anyway, can regulation affects gambling projects in future that's all I seek.

That will certainly affect gambling and that only happens if strictly implemented by the authorities. But guess what, this will increase illegal gambling on the other side and this make hard to control once it started. I'd see a lot of gambling projects will tend to stop or collapse but this is not even good to look at as this will also stop people from working there.

It has a positive outcome but also it creates more on the negative side.

There are two possible effects of it. One is positive because it means casinos can now be more legit and it will now be easier to identify the fraud ones. The scammers, launderers and abusers are also going to be caught out because KYC is going to be implemented and this is the second effect which is negative because many are not fond of sending their KYC. They think they are threatened of doing it even if the casinos are already trusted enough.

This is when illegal gambling will pop or the casinos which doesn't require a KYC because they know that there will still be a huge demand for them. Players must be careful since they will be hunted one by one.

The huge demand for using a casino without KYC verification and also with permission to enter and normal operation of your account in this casino using a VPN is certainly there and justified. For example, it is almost impossible to play without these conditions for players from gigantic China, where there are corresponding prohibitions from government agencies. And I think that for a very long time, most of the casinos will oppose the introduction of KYC and VPN login restrictions. And I think this is right because many people have a need to gamble while maintaining their anonymity as much as possible.