Are there any online casinos that accepts KYC verifications before you start gambling after creating a new account on the platform? Something similar to what we always see crypto exchanges do to their customers? I am just curious
Just recently, Stake.com made a mandatory requirement for all its players: a first-level verification where you only need to upload your documents. It's a good move for a big industry player like Stake.com; this is to avoid issues of double or multi-accounting. If you're withdrawing a huge amount, additional verification is, of course, required.
You open a new account on a crypto exchanges they will advice you to complete your KYC verifications first, some won't even allow withdraws until you complete the verifications. I think if online casinos starts doing the same there won't be the fear of getting robbed after you win, because most KYC verifications would already be passed right from the beginning.
That should be the case so players will not have doubt that their withdrawal will be approved and they can play without doubting about their winnings not being able to be withdrawn, but we all know some casinos have a scheme of letting players commit a violation so they can block their withdrawal because casinos are aware of some players trying to abuse the casino giveaways by creating another or more accounts.