Quote from: michellee on Today at 12:44:04 PM

Quote from: Russlenat on January 18, 2025, 08:28:50 PM

Quote from: ajiz138 on January 18, 2025, 08:23:09 PM

In the past, it was not too strict but now the regulations are different where the government oversees the crypto industry more with its regulations, so the Stake becomes very visible because these casinos grow to be large, requiring KYC is already their plan.
Not only Stake I am sure at some point in the future many casinos will require KYC because just as they have grown big in their business, regulators will look back and press KYC on these casinos.

I think that’s how it’ll be in the future. Actually, most casinos we’re playing on now are already KYC casinos since they’re licensed, but they don’t enforce it strictly especially if you’re not betting huge amounts. However, when luck is on your side and you win big, the system might flag it, triggering the KYC process. If you’re not prepared for it, there’s a risk of losing the chance to withdraw your winnings.

Not only that, the government wants to control the gambling industry because that can be their place to impose tax since the money flow in gambling industry will be big. So we don't have to surprise if someday the casino ask us to do KYC because they will tells that is part of the regulations. We can not deny that but yes, we only hope that the casino doesn't apply too strictly for the regulations.

Taxes are the government's main revenue now with licensed casinos the government will keep a closer eye so don't be surprised now that many governments are looking at the crypto industry and regulating these efforts including from casinos or CEX.
Of course, if there is still leeway from the government, the casino rules will not be too strict, it's just that when you win big you will still be monitored by the casino, then in the end KYC is still applied so you have to be prepared.