I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?
To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.
Personally, as long as they're upfront with how they handle things, I don't think it's a huge issue if a user accepts the terms. Sadly most casinos don't explicitly warn or tell users key details like KYC before they deposit so it complicates things. But yeah, only time will tell.