Most gambling sites now require KYC upfront and on the latter part. The gambling world is becoming more and more centralized. I don't know if it's a positive thing or not. But I guess it will depend on how we will view it according to our situation.
I think most gamblers only focus on the convenience and security of the gambling platform and the reputation of the casino from the community's assessment, I do not exclude KYC requests but almost all the top casinos have added KYC to the terms and conditions. In another case, the user has lost his mobile and he has lost access to all data and gambling accounts stored on the mobile, he cannot recover the gambling account and the casino platform team also cannot recover the user's account ownership without saving the KYC of the previous main user, so KYC is not too bad for proof of account ownership but only for trusted and top reputed casinos.
actually KYC is just compliance we have to do to qualify from the casino and it really isn't that bad. very true what you said, all the top casinos all have terms and conditions to do KYC and I think all that because the gambling is also licensed.
so there is no doubt that if online casino gambling has a license and has a good reputation, surely they will have rules or conditions for carrying out KYC before betting.
But I continue to think and argue that when payments during gambling are made using cryptocurrencies, then the KYC procedure is a damn evil, an invention by the American banking lobby and reflected in the US legislation.
And then it was spread around the world because all local legislators and governments look with their mouths open and give in to these American alleged "masters of the world" because they are issuers of paper money, and now even simpler numbers in a computer in the form of newly created dollars. Everyone knows that the US authorities went crazy on the question of how to rip off their people with taxes and fines, if they filled out something wrong in the declaration. So they came up with this KYC of their own. Fortunately, not all countries are subject to the Americans. There are also countries who spit on their demands. And their territories may well host crypto casinos where no KYC is needed and players can easily play without this stupid verification. And besides, there are many more scammers in the simple dollar payments sector, and not in the cryptocurrency sector. And all these are fairy tales and legends that cryptocurrency is only for money laundering and for scammers. It is the banking lobbies that spread such advertising, scaring ordinary people.
And it's understandable why. To get more loans and mortgages. And, accordingly, more income for bankers.