Quote from: Docnaster on June 19, 2023, 10:44:56 PM

Quote from: SirLancelot on June 19, 2023, 04:33:10 PM

Quote from: pakhitheboss on June 19, 2023, 08:26:18 AM

Quote from: paxmao on June 16, 2023, 02:33:20 PM

Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.

Generally decentralized casinos do ask for KYC data. If the need arises such as for big withdrawal or if they are suspecting any un usual activities then they ask for KYC. You cannot guarantee that your data is secure in a reputed casino. Data leaks may happen and sometimes they might not delete your data after closure of your account. There is risk but if you are gambling you are always at a risk. I do not think KYC data can be such a big issue for a gambler.

Decentralized platforms are not regulated, registered or licensed, so there hasn't been any instance so far where a decentralized casino asked its gamblers to complete KYC verification because the money that is being bet on games isn't going to them and then coming back to the gamblers because everything is done on-chain through smart contracts, so they don't need to check anything at all and that is what they do.

Though authorities have signaled that they might start regulating decentralized platforms too in the future, and if that happens and they are forced to register themselves and operate under a license, they will surely ask gamblers for KYC verification after that.

Some casinos that pose themselves to be decentralized are not totally decentralized. It cannot be decentralized and still be requiring KYC. Whose serve will recieve the KYCed data and for what purpose.
A totally decentralized casino is been hunted by the government and used for illicit purposes and that is why they do not gain much public popularity. Also the difficulty in setting it up is not what someone that just want to gamble for fun will want to do.

No casino nowadays be it FIAT who have always been KYC complaint and the crypto ones will at some point ask for KYC if you win a big amount and want to withdraw money.That is in the casinos right to ask for KYC as they want to know who is getting this amount of money in order to comply with anti money laundering policies.Of course in the end it is up to the user if he wants to get it all at once this amount or he is patient enough to get it in smaller chunks thus avoiding KYC,personally I have KYC level 2 only on Stake which I fully believe them.