Quote from: goinmerry on October 23, 2022, 11:34:12 PM

Quote from: erep on October 23, 2022, 08:31:47 PM

that we don't need to avoid top casino sites because they only implement KYC to avoid money laundering and other criminal activities that take advantage of gambling sites.

Part of the regulation. Also a part of being a legit casino.

Sometimes if a user got a problem with a gambling site that is not regulated, they are seeking help from the government authorities but how can these authorities even help that user if the casino is not regulated?

With casinos being regulated, real owners are not hidden and these can be tracked in case of anomalies. Not sure though if there's a case before where a regulated crypto casino is being penalized by regulators or faces the consequences of violating the law of a government in a certain country.

There are some people abusing the current bonuses, rewards and etc. on the casino and that's why the casino ask for KYC to know that they are not a bot at the same time is they can't create another account to abuse the current rewarding system, also some of the people today are trying to avoid the KYC because we know how the personal details are important than the small amount of money just to withdraw, but the perks of the KYC to is it is more convenient to us to make a recover with our account and also tracking the transactions and fast withdrawals.