Because with the KYC policy it can see the identity of the user, where else to verify other than KYC other than that is impossible, right?
This is one of their tools when there is a suspected account by providing documents to verify it, besides that it is also a government policy, the casino will comply with what has become the rule.
Similarly, exchanges are now almost obliged to implement KYC, even when their accounts are suspected, they will ask for a higher level of KYC and prove everything.
I'm just wondering why many of us don't seem to be in favor of complying with KYC? I mean, I understand that some of us wants to remain anonymous but That would be better to avoid cheating incidents. besides, that is for the verification process and for sure it is legit even if we pass legal documents because that is one of the rules of a casino as well as the government, so why are there so many people who don't want it? I read before that submitting the document for KYC is a hassle for them, but isn't that better, especially if you win a lot in a gambling session, you won't have any trouble withdrawing the money you won because the account you used is already verified.
It is not really that complicated, one of the main reasons people joined this market at the early stages was to gain some level of anonymity that is now impossible to achieve with fiat.
And early on this was also a major selling point for cryptocurrency casinos, as you could gamble as much as you wanted without the need to verify your identity, but as this market became more popular and scammers began to use casinos as improvised mixers, casinos were left with no other choice but to implement those policies, while at the same time they were being pushed by governments to adopt them as well.
