Are bitcoins marked as "dirty" when received from a casino?

[Alphakilo]

Although casinos are banned in my place, I have never experienced a ban or difficulty disbursing Bitcoin to Fiat.
Everything went smoothly and was done easily without any indication.

But some people do say that they can't accept funds that are identified as gambling and such,
maybe the source of the funds is indeed prohibited and has had all kinds of problems, but so far I haven't gotten those problems.

And some exchanges also have certain rules about where the funds to be disbursed come from because they will be related to the regulations and rules that have been set,
This avoids the practice of money laundering that is rampant today.

One thing we must first understand about the characteristics of Bitcoin is that, it is fungible and the blockchain allows that every persons transaction is and can be traced.

This is also a reason why most funds from a casinos gets labeled or flagged as 'dirty' or  'tainted'  because, the history of every transaction is permanently recorded on the blockchain and thus, gives room for  specialized analytics firms to investigate and link every coins to the gambling activities it was originally from, and this is when such gets classified as 'dirty' or 'tainted' mostly if it is from illegal casinos known to launder money or banned in the region.

[Iamgoat]

One thing we must first understand about the characteristics of Bitcoin is that, it is fungible and the blockchain allows that every persons transaction is and can be traced.

This is also a reason why most funds from a casinos gets labeled or flagged as 'dirty' or  'tainted'  because, the history of every transaction is permanently recorded on the blockchain and thus, gives room for  specialized analytics firms to investigate and link every coins to the gambling activities it was originally from, and this is when such gets classified as 'dirty' or 'tainted' mostly if it is from illegal casinos known to launder money or banned in the region.

What oy said at last about investigators finding out several transactions being linked to illegal casinos known to launder money or banned, meaning they are operating illegally which can also be attached to money laundry issues. The truth for me is bitcoin in itself isn't the cause of the dirty acts, people only take advantage of its decentralized features as well as its level of discreetness to launder funds. It is an improvement to have gotten investigators to trace and classified transactions which have the tendency of being linked to fraud, being it bitcoin, gemstones or the fiat. It is a good improvement regardless.

[Su-asa]

It is no news to anyone that a large share of all signature campaigns on this forum are occupied by casinos. Many users of bitcointalk carry signatures of these very casinos, and therefore receive a reward from the casino (through the campaign manager).

In connection with the tightening of regulation (when bitcoins in exchangers are marked as "dirty"), I have the following question: have you encountered the situation when your BTC-transactions received as a reward for participating in signature campaigns were marked as "dirty" and you had difficulties cashing out bitcoin into traditional money?

For example, this may be due to local regulation (prohibition) of casinos or casinos without a license.

Have you ever had cases of bitcoin being marked "dirty" because it is bitcoin from a casino address?

I believe this is true because if I can remember properly, when the forum did community votes and I think b.c game also sponsored for the raffle and I was one of the $150 winners on the raffle. When the $150 was sent into my account I received a message from binance that I should tell them the reason for the transaction that if I didn't provide any reason my binance account will be flagged. So I did explain and that was how my binance account was restored.

[goldkingcoiner]

MAYBE

This is something that happened a little while ago:

Signature campaigners had their funds frozen on Kucoin: https://bitcointalk.org/index.php?topic=5557466.0

Although it may have been a lone incident, and may have been a poisoning attack by someone who was not affiliated with the casino nor the signature campaign, I think we should be careful because coins coming from a casino can easily be marked as suspicious.  

Personally, I choose to hodl instead of cash out for fiat (yuck) and there is a definite need to draw a big circle around custodial wallets like those on cryptocurrency exchanges. If I did sell BTC, I would use p2p like BISQ.

[r_victory]

So far, I've had no problems converting my Bitcoins into fiat currency. I didn't even notice if they were marked. Since casino regulation is progressing well here, I don't think it should be an issue.

I agree with goldkingcoiner; if I could, I'd keep everything in BTC, but I need to convert some of it for expenses and can't pay them directly with cryptocurrency.

[joniboini]

As far as my memory serves, I believe there are some cases where funds have been flagged due to participation in sig campaigns, most of which involve mixers. The latest poisoning suspicion shared above is not common either, not to mention that the solution can be using your own wallet to receive the money directly, instead.

That being said, I no longer use international exchanges like Binance to liquidate funds when it's necessary, so there are possibilities that my local exchanges aren't that strict with chainanalysis. I don't think I've heard a case where someone is flagged due to suspicious funds at all, other than extraordinary cases where the funds are related to big hacks or something similar. CMIIW.

[eisen33]

It seems to me that anything can happen, because you don’t know where those bitcoins that were sent to you were before. But honestly, I don’t understand this, because I think it’s a big nonsense to divide bitcoins into dirty and normal. To avoid being blocked on exchanges, you should send them in small parts, and the best option is to avoid CEX altogether.

[LDL]

I usually deposit my payments directly into the Binance exchange for all the casino or gambling site promotions I participate in. So far, I have not had any experience where they have blocked my payments or labeled them as dirty money. However, in some cases, withdrawals have been suspended for those who used KuCoin's deposit address. However, I have not experienced any such unexpected situations on Binance so far, which is why I cannot comment on this popular exchange.