If those new regulations are passed they will affect not only fiat casinos but cryptocurrency casinos will have to eventually follow them as well, do you agree with this idea? Would you like to see casinos to be fined more often for the practice of only asking for personal information from winning gamblers or do you think this will have a harmful effect on their finances?
For KYC casinos, it would be good if people that are signing up should do KYC before they can deposit.
It is a very good idea but it would be good for punters to always read casino ToS before they register and they should provide necessary documents for KYC, they should do KYC before they deposit.
Many gambling sites are doing this to cheat their customers, it is common everywhere.
indeed such a thing is natural because almost all online casinos nowadays will ask KYC every time they want to withdraw a big win.
but sometimes gamblers neglect to read the ToS that has been formed by online gambling platforms, they only think about betting without thinking if one day they will win big and be asked for KYC. even though it would be more practical if when registering and before making a deposit, it's better to do KYC first. so when you get a big or small win you won't be asked for KYC data anymore so it doesn't hinder you from withdrawing your winnings.