Casinos existed without the need for KYC's until the government made it a requirement, and they started demanding it. IMO If the government no longer requires casinos to do KYC verification for new gamblers, casinos will go ahead and still do KYC verifications because they have seen the benefits of knowing their customers better than when they just allowed people to come onto their platform and gamble without their knowledge of who they were. What do you think? Do you think some casino's will revert back to non-KYC and allow money launderers, plus other fraudulent people have their easy way with them as a way to attract customers, or since they recognize the personal benefits of KYC to their casino, will continue demanding it even if it affects their customers?
the objective of kyc is not for government is to be assure of the particular account so that they will not be commitment of any site fraud with the such a particular account government cannot demand for kyc verification of any account it is that particular platform that will demand for it because they know actually what is their target and there are selective to know people who want to patronize them I think about it should be the essence of having a KYC
What are you saying? Who gave the online casino the go-ahead to operate? Isn't it the government? Who is regulating this online casino? Isn't it the government? Why do you think that these online casinos are asking for KYC? It is what the government ordered them to do.
They are doing this because there might come a time when an investigation needs to be carried out, and if all members already submit their information they will be able to do their investigation on each member using the casino, there will be no room for illegal funding and embezzlement of funds and other criminal activities.
Terrorism is a disease, drugs hurt society, and these are wars that the government has to fight, I don't blame them for monitoring humans, there are many bad eggs among the good ones even while the government rules, there are still many illegal activities, let them do their thing, they are just trying to protect their people.