The casino will also not use data on KYC to commit a crime because if they manage the casino properly they can get huge profits so it is impossible to commit a crime by utilizing user data from KYC.
As crypto casinos develop, I am also sure that each of these casinos will also impose KYC requirements on each of their customers in the future.
If you provide KYC data to the wrong casino, there is no guarantee that your data will be safe, like you join a new project but you don't do any research before submitting KYC data. So make sure you provide KYC data for reputable, licensed and trusted casinos.
The implementation of KYC requirements at each casino is due to licensing regulations, so you must understand about the statement and not because the factor of the development of casinos will add KYC requirements in the future.
I couldn't agree more that it is essential to do enough research and check that the gambling establishments to which you provide your personal information are both respectable and authorized to do business in the relevant jurisdictions. It is not just about safeguarding your money, but also about securing your personal information. It's true that licensing restrictions are the primary reason why casinos adopt KYC requirements; it's not merely a fad or a plan for growth as some people think. When it comes to gambling online, you should thus constantly be on the lookout and protect yourself.