The rise of KYC in many casinos, even in well-known and reputable casinos, makes many gamblers feel that their playing time is almost over because those who previously did not need to do KYC are now forced to do KYC.
most people buy cryptocurrencies precisely because they believed in this issue of privacy, anonymity, staying away from the control of governments, they felt free. but never expected that it was all an illusion. eventually KYC would knock on everyone's door. Casinos are following government laws, if they do not follow government laws then they risk losing their license and being held accountable for crimes. this is a situation where casinos have no choice. the same thing is happening with exchanges. another problem that this KYC created and that:
1 - the casino is anonymous and the owner of the casino is also anonymous
2 - customers must not be anonymous because they KYC at the anonymous casino where it has an anonymous owner
So we have a very unfair situation here.
The casino argues that the selection of KYC for users is random and not based on anything. But still, the gambler who gets his turn to do KYC feels that he doesn't need to do KYC.
well, this point gave space for some casinos to be committing abuses such as:
Customer deposits 1000$ in the casino, hours later the customer wins 10,000$ and wants to make a withdrawal, but the customer is informed that he cannot make a withdrawal because he needs to make KYC due to suspicious activity
But I wonder:
why didn't the casino ask for KYC as soon as the person deposited 1000$? and if the person had lost the 1000$, would the casino ask for KYC?
This also seems to be the case in crypto-based casinos as many of the casinos that previously didn't require KYC now do KYC randomly. And many of us complain about this, even though we know that casinos have written about KYC in their regulations. But still, we can't be free and calm in playing gambling, especially to withdraw the money.
Casinos don't say they do random KYC, they say that when they detect any suspicious activity they ask for KYC, and as I said, that opens up space for casinos to abuse
Is this unavoidable in crypto based casinos? Or are crypto gamblers also required to do KYC? If so, crypto can't be as anonymous as it used to be because we realize that today's governments have gone too far in controlling a person's identity and what they use the internet for.
yes, this is unavoidable for crypto casinos and like any company that handles money