Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
By statistic, fiat casino have more population of gamblers than crypto base casino and do you know why they were able to achieve this numbers? That's because they are government approved and also has some offices in region where they are licensed. So the gamblers feel safe using the casino because they know they wouldn't run away with their money since they are governments approved and allow to operate fully but crypto casino doesn't have this privileges even with the business numbers, they feel trapped because of the crypto hate by some group of government, the have no choice but to act like they are like fiat casino even when they have crypto options.
If you check some casino that are crypto based, you will found out that they have option to deposit through your local bank and for this reason, they have to comply with the host country for KYC because of the fiat involved and some doesn't involve fiat but they still asked for this kyc just to avoid problems like money laundering later in the future. With all these, it will be difficult to have anything decentralized casino unless they want to operate as illegal without making any form of registration and licensing.