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?
Casino platforms still require KYC, this is related to local bank transactions. KYC is not a legal standing, but to be able to make withdrawals to local banks. All casino platforms can make deposits from different banks or those belonging to other people, but cannot make withdrawals to banks in names different from those registered on the account. Maybe this concept does not apply to all platforms, because there are casino platforms that can make deposits and withdrawals with crypto.
Money laundering can be done in many ways today. And it is difficult for the government to detect this. So KYC is not the only correct reason for money laundering.
Neither it would really be on that payment method kind of requirement or simply they've been trying out to abide some terms and conditions with their license on which this is something that make them trying out to impose those kind of KYC on regarding into the time that you would really be dealing up with this business. Some could really be still be able to continue to make it a non-KYC thing on which we know that this market is really that highly frowning about with those kind of verifications on which cryptocurrency things shouldnt really be