We all know the recent issue about the mixer status here in the forum. Crypto casino is also being use for money laundering by some criminals that’s why every casino has AML policy.
I’m just curious what will be the fate of crypto casino once money laundering activity from mixer will jump to casino now that mixer will not be advertised here which means it has less exposure. Is there any possibility that crypto casino will be seized by the government just like what happened to mixers in case they failed to screen the laundering activity?
In my view there is no such kind of threat for casinos that adhere to the strict AML policy backed by legal
and approved software which perform AML screening of casinos' customers and have the relevant licences from government. Commonly the fee for such licences are high enough so such casinos are valuable sources for pumping up the budget of the given country.