Hello guys, as an attempt to protect new or old users on this forum , I think its mandatory for gambling sites to show proof of money they are holding in reserves . Unless casinos converts all deposits to a stablecoin , excluding UST hahahah , from year to date most of them should be running on a loss as most utilized crypto coins are down by atleast 65% and that includes Bitcoin .
There will be more and more accusations created to existing and also new casinos.
Goodluck,Be safe and smart out there!!
It is tantamount to forcing regulation for the casino. Casino is basically a game, it's up to us to take it or leave it.
After all, they don't need to show how much total funds they hold just for proof. Just give confidence to users that they can be trusted by being able to pay if the user wins.
There may be casinos that are kind enough to show the total funds they have so that it won't cause concern for the players playing on their site. But it will be up to the casino as they have their own policies on this. I think as long as the casino can be trusted and is one of the recommended casinos and can provide the best service for its users, the users will not ask for the total funds they have because they can find comfort in playing gambling and withdrawing the winnings. This may be related to the trust and comfort factor that users can obtain so it is optional to ask.