...Is it fiat payment methods? Is it that casinos holding users money? — these two are top of my head, you tell me more.
So, why not remove whatever those things are that makes casinos necessary to be regulated? Meaning — stick to crypto deposits, don't hold users funds (i.e, become non-custodial).
Does that get rid of casinos requiring to be regulated am I being ignorant about scheme of things?
There are only two reasons I recognize as the government's motivation for regulating casinos: to fish out criminals and to gain revenue (tax) from these casinos. Especially on the issue of tax, the government is more serious about it, even more than they are serious about detecting criminal activities.
It is unfortunate that despite the taxes the government collects from gambling activities, it shows very little effort in ensuring justice for gamblers or casinos when conflicts arise between the two.
Maybe we can also add that casinos are regulated to ensure that only people qualified to gamble are allowed to do so, that is, adults and those of sound mind.
In general, of course, it would be good if governments thought more carefully about the need to more carefully protect citizens from gambling in casinos. Because this is the future for a country that pays taxes and gives birth to children, generally speaking, it is necessary to consider casinos not as an ordinary business, otherwise it can become so popular that many people who do not control themselves will simply lose everything and they will have little interest in ordinary work and in general in the values of life, because the thirst for winning will become for them the most important goal that can be achieved in various ways.