Also, reputed sites sometimes turn dark and screw their users by stealing their money, KYC details etc. For example, we have Betnomi etc that screwed their customers out of the blue. Think!
Yes, that's true and that thing happened not once but many times. Some of the reputed casinos of this date and time might turn into negative casino which may steal money of the users or sell the KYC details of the users to others. So, it's always some type of risk but a user still has no other option as most casinos have made the KYC mandatory.