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.
Up to this point if you still can not understand my previous statement.
It is clear what I said is that it is okay to give KYC to a casino that is trusted and has a good reputation in the gambling industry so it is definitely not possible if I just believe in giving KYC to a casino that is new and doesn't have a clear reputation.
What I mean by a growing casino is where a casino is able to grow and survive into the future so that the casino can become an established and reputable casino in the future and it is true that KYC requirements are due to a license used by the casino so the casino has to ask KYC to its users.
I see everything that is connected with the passage of identity verification through the KYC procedure a little differently. In my opinion, it doesnt matter if a large or well-known casino requires KYC verification or if it is some little-known crypto casino. Leakage of personal data can be both from a large casino and from a small one that has just appeared on the online gambling market. It doesn't matter at all. And there is no guarantee that there will be no leakage of personal information from any site at all. No, I repeat, if the casino uses fiat currency, then probably such a casino can require KYC and the player must go through it. When it comes to cryptocurrencies, KYC is completely opposed to the idea of anonymity for crypto payments.
That is the very essence of the cryptocurrency itself.!!!
However, it seems that for a casino that is large and has a top rating, it will be very unlikely or even impossible for a personal data leak to occur because they certainly have a pretty good and strong level of security. The team responsible for this must also be trained in their field so it is impossible if there is a leak, burglary or hacking of personal data.
Until now, I have never known of any major casinos that have experienced personal data leaks, so we don't need to be afraid and worry about this.
For casinos that use fiat, they definitely need KYC because every transaction that uses fiat requires personal data for the transaction when making a deposit or withdrawal because almost everything will be connected directly to the user's bank.