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?
I think of course implementing KYC in casinos isn't sure to stop money laundering completely.
because money launderers will always have many ways and methods to launder their money.
money laundering practices not only go through crypto casinos, they will split their money and put it into trades, properties, stocks and much more.
they will do various things by putting their money into small pieces and converting their proceeds into other assets.
which in the end they make as if the proceeds of crime are their property from legitimate business activities.
I think at least a few casinos that implement KYC will prevent and maybe be a little difficult for the money launderers.
and will also provide small pieces of information for the relevant investigators to point to the money launderers.