Unfortunately, web3 casinos are not a good business for the owners, since I have recently discussed this with a crypto casino owner and asked why they haven't opened a web3 casino to avoid centralization and KYC protocols. Simply, he said it wouldn’t be profitable for us as much as a normal crypto casino, because slot providers and live casino platforms wouldn’t grant licenses for web3 casinos. He also mentioned that fewer games and options for the players would attract less customers, resulting in lower profits to even sustain the casino alive.

I believe the same thing happened for Freebitco.in team who made these changes of KYC to attract more customers and keep the faucet operating, as otherwise, they might face financial difficulties to even pay their workers and team.