Hey guys, so I've been doing some digging into fiat-crypto casino payment gateways specifically. Right now Stake.com and Bc.game use Moonpay for their "buy crypto" function, however after contacting Moonpay, Transak and a few other major fiat-crypto payment gateways I've learned that these providers no longer accept new casino business.
In the case of Moonpay they are upholding their existing agreements with casino providers (for now I guess) but new operators are only being accepted with casino licenses in the UK and USA (both of which require their own unique gaming licenses) as well as a reputable international license (e.g. curacao, malta, antigua etc.).
Transak on the other hand are just straight up removing themselves from the gambling industry altogether.
I think it's a real shame that new providers won't have access to reputable fiat to crypto on-ramps, it creates an uneven playing field as the big guys get treated differently.
I think it's a huge regulatory (and therefore very expensive) issue, therefore it's easier for them to stop offering crypto-purchasing services. Most people know how to buy cryptocurrency on a crypto exchange, such as Binance, and then send the coins to their casino wallet. So it's a matter of casinos offering a small convenience for customers. Maybe they can no longer outsource the responsibilities which come along with offering such a "customer service"?