Post
Topic
Board Gambling discussion
Re: Money laundering in crypto casino
by
2Pizza410000BTC
on 09/12/2023, 19:30:38 UTC
We all know the recent issue about the mixer status here in the forum. Crypto casino is also being use for money laundering by some criminals that’s why every casino has AML policy.

I’m just curious what will be the fate of crypto casino once money laundering activity from mixer will jump to casino now that mixer will not be advertised here which means it has less exposure. Is there any possibility that crypto casino will be seized by the government just like what happened to mixers in case they failed to screen the laundering activity?
According to me there is no risk of gambling because gambling is officially sanctioned in most of the countries. Furthermore, most people participate in gambling in accordance with legal principles when gambling and gambling platforms conduct their activities in accordance with the law. However, gambling platforms that are manipulated like money laundering should be officially shut down. And gambling platforms in particular have anti-money laundering policies. Since the anti-money laundering system is in the gambling platform, there is no worry about the gambling platform like the mixer platform.