This is in connection back to the thread I made about casinos mandating users to complete Level 2 KYC by the end of the year. By now, we probably have an idea that over time, more and more casinos will likely adopt similar requirements.
So, here’s the question: if all crypto casinos started requiring KYC before you can gamble, what would you do? Would you go ahead and pass the KYC to continue gambling? Would you switch to fiat casinos instead? Stop gambling altogether? Or maybe start looking for a decentralized casino to avoid the hassle?
Generally, people of different age groups are attracted to gambling, especially young people participate in online gambling. If KYC is made mandatory in every casino site, especially those under 18 years of age will generally not be able to do KYC due to lack of useful information and data, so they will not be able to do account verification in casinos where KYC is mandatory, thus reducing their participation. Moreover, since KYC will be mandatory for withdrawals, citizens of countries where gambling and casinos are illegal will not be able to participate.
For some reason I think that if people under 18 want to, they will find any way to register through an older brother or sister, for example, in exchange for household chores or by giving them pocket money that their parents give them. In addition, many have learned to bypass using a VPN in order to play from countries where this is not allowed. Of course, I do not advise anyone to do this, but I just say what I think. The only question is how much desire to play, however, why should they register with such a big risk, because if they win, they can still be exposed and their account blocked without returning the money. Therefore, it is better to play only in those places where it is allowed.