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.
Casinos are making profit through the house edge, i.e. mathematical probability advantage they have over player. It's not really different from charging fees on each game you play, meaning the effect would be the same. If they charged you small fee but you win, it would just reduce your winning.
As a thought experiment, I think getting rid of the house edge in favour of fees could actually work better for players, as it would provide a transparent view on how much the casino is charging you, whereas there are some casinos that would not properly inform about the house edge. Plus, casinos would have a tool to introduce dynamic fees (e.g. periodically reduce them as a promo move), something that isn't always possible with house edge games.
There is some potential there.