The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC.
If exchanges take trading fee's their call it value added taxes which some part get remitted to the government.
But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
I would be able to comply with this, if and only if I get something out of the equation. The problem with incurring taxes and fees with something such as a casino that trading and exchanges do not have is the fact that people directly see the incentive of why taxes and fees are important. It's the only way that they could pay the devs for instance, and some of it is being used to further improve the infrastructure and fund future developments in the exchange. Which is why networks like Ethereum and exchanges like binance were able to get away with charging their people with as much as 100 dollars in certain situations for taxes.
Casinos, this will not work. They already have the house edge which works way better for the casino than taxes and fees, cause it always guarantees that you're not just getting a cut out of the bet of the player, you're getting it all.
If this becomes the new paradigm I might stop gambling in casinos, but I hope it don't end up that way for obvious reasons lol.