I recently noticed a trend where no-KYC crypto casinos are becoming increasingly popular in regions with strict regulatory environments. What do you think are the key factors driving this shift, and how might it impact responsible gambling practices?
When thinking of the impact on responsible gambling practices it's not just the overcoming of strict regulatory environments I have in mind. But rather also easy access to illicit use such as by minors, etc..
KYC helps curb irresponsible gambling especially when underage kids try to gain access to different casinos. With proper verification no one under the age of 18 would be able to gamble, this is how it should be but it's quite disappointing that most casinos and bet sites no longer require KYC, this is the reason why a lot of kids get exposed to the dangers of irresponsible gambling. No-kyc encourages these irresponsible acts to go on and if it's left unchecked most of these kids of 16 to 17 will become chronic gamblers by when they are in their 20's. KYC must be implemented because of things like this, it goes a long way in controlling it.