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
I thought as much because the question should have centered more on the core essence of having KYC in casino houses, knowing palpably well that kyc is a regulatory process of ascertaining the identity and other vital information of a financial user. it is not bad that casino house know their customers because it helps them to guide against money laundry. i don't think any casino can revert to non KYC just to have more customer, because i believe that every business requires trust and integrity to keep their business going, so if kyc will make them keep to that standard coupled with the government demands on KYC, i believe casino will stick to KYC.