Also, KYC does help prevent crimes, but it is also used to commit crimes(Private information spread online, Casinos using it as a stalling tactic etc) which is why it's a double edged sword. Think!
There are two sides to its effect, but the positive side will eventually win out. Like it or not, the growing adoption of crypto casinos will naturally lead to stricter laws. But let’s not generalize by saying all casinos use this as a stalling tactic. Not all of them do, and those that are guilty can be penalized if regulators catch them. That’s why it’s important to report any shady practices to the authorities. Regulations exist not just to control the industry but also to protect gamblers, which is a win for everyone.
Yes you are correct, there are some trusted gambling site which would never reveal or sell or identification to outsider in the name to make personal gain and, of course we know that no reputable casinos that would try to sell out our information as I know they are also written in their compliance note that our information is secure, so if by any means it's revealed for any reason then such person is permitted to sue the company that sold out their personal information after thorough investigation to know whether that information leak from their ends or from the owner. Again, kyc today has help many casino today because it regulate and control anti money laundering (AML) and the impact is more than disadvantages.