When I first started gambling around 2015, anonymous casinos and sportsbooks were the norm. Some of you might remember DirectBet - it was huge back then before eventually shutting down.
Now, the landscape has clearly shifted toward regulated platforms. Yet some anonymous options still exist. So I'm curious, where does the community stand today? Would you still choose anonymous casinos, or do you prefer sticking with regulated ones?
When crypto got more mainstream, a lot of people started using it. It also exponentially rose in value. As it got more attention, people started using it for means that are illegal by current law. Crypto transactions and crypto gambling put a large volume of money and gambling money out of tax. When the government feels its not being able to milk as much money as they could, they do everything to close that loopholes. So they made it compulsory for crypto based casinos to come and pay taxes and asks suspected users for KYC. If they don't, they'll come after them.
There still are a few onchain anonymous gambling sites that sprouts now and than but they are short lived either due to closure or requiring the users to do KYC.
This is the primary reason on why we can't avoid to undergo on KYC procedure especially if our favorite casino would became compliant to the government actions towards them.
Somehow when they decide to do this especially that somehow they prove that they are not going anywhere and want to continue their business despite of those government interference.
That's why choose the most trusted casino and for provably that we won't get any problem with them. Somehow I understand other people who like to be anonymous or won't submit their KYC but somehow this became a normal thing now especially that government is taking some action to regulate those big platforms in this space.