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?
Crypto casinos don't care, of course, they are in this business to make money not to concern anyone.
And not everyone who applies KYC to their crypto gambling platform can say that it is safe, other gambling platforms just use it as a tool to make other gamblers or players think that their site of gambling is safe. But I don't blame everyone, others can still be taken advantage of. That's why you still need to do your research to find out if a casino is legitimate.
Yes, that is right! Online crypto casino's doesn't really care if some of their users are just looking a way to launder their money, that is not their concern anymore because they are just focused on their losses and profits. They are just requiring KYC because that is a direct order from the authorities as that is one of their requirements to have a license. But not all licensed and are asking KYC are safe, we shouldn't forget that because if there's an unfortunate situation where the casino is hacked then our identities are in a dangerous spot. Much better to find some reputable casinos because that is more worth the risk.