Yeah. This is a simple analogy but many are still ignoring because they have self interest. Many people keeps questioning the need of KYC of the casino because they want to play but they dont want to submit their details for unknown reason. They are criticizing the casino in hopes that KYC will be lifted if many people demanded to remove it which will not gonna happened because the law is asking for it and not the casino itself.
Casino like Duelbits do whats best on how they will limit requiring KYC to their customers. It took my account 2 years before I was required KYC here. This show how good Duelbits on not implementing KYC as long as they can avoid it.
Some will probably disagree, but I think more and more casinos are implementing KYC, even for small withdrawals and even if there is no suspicious activity on your account. I can understand that some want to stay anonymous but I don't really have a problem doing it, if it is a legit casino. Similar as Bitiniy, I have been asked to do KYC on several casinos, for small withdrawals.
Same here. I recently do a KYC for participating bonus too often but I dont hesitate to submit my KYC because I trust the casino and I knew that I will do this at some point in the future because its clearly stated in theirs terms that they might ask it without an exact time.
Most lf the KYC problem is when a user that didnt want to KYC deposit on the casino expecting that they will not ask immediately KYC then suddenly being required after they withdraw in the casino. Theres a lot of similar case like this in the post that user funds is lock on the casino because they refuse to do KYC even they are aware on it.
Not that they refused to do KYC, some of this people might not have the required documents to pass the KYC verification, this is something I have experienced before, there was a time when I didn't have a government issued means of identification, after having been asked to submit one on by an exchange where I was trading on, i had to quickly apply for one.
Personally for me, like I always say, KYC is not something i consider to be bad like some gamblers see it, but then, the way most casinos handle it is very bad, casinos are not supposed to allow a gambler deposit money into their platform if the gambler have not passed KYC verification, but unfortunately, they allow gamblers deposit money, and when its time to withdraw, they ask the user to pass KYC verification, this is very bad and criminal like, regardless of how reputable the casino in question is.