Anonymity is no longer a benefit of gambling with cryptocurrency.

[Stepstowealth]

I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.

Faster and more secure transactions: Crypto transactions are processed much faster than traditional bank transfers, and they are also more secure.
   
Anonymity: Crypto casinos allow players to remain anonymous, which is appealing to some players.
   
Wider variety of games: Crypto casinos offer a wider variety of games than traditional online casinos.
   
More generous bonuses: Crypto casinos often offer more generous bonuses than traditional online casinos.

https://indiacsr.in/what-is-a-crypto-casino-meaning-advantages-and-potential-risks-explained/

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

[Oshosondy]

You are not wrong, but there are still casinos that requires no KYC, more of them will later request there customers for KYC verification. Nearly all the crypto gambling sites of today are centralized. Although some are claiming to be web3 which you can connect your noncustodial wallet to, which are not centralized. But as for centralized gambling sites, we should not think of them as no KYC gambling sites, there are still few that require no KYC though for low amount withdrawal.

[Casdinyard]

While KYC is a massive killer to anonymity in Crypto, it's a much-needed one in my opinion. People have been very lenient and belligerent with how they can get away with stealing and robbing people of their tokens in the past since everything is virtually anonymous and untraceable, at the very least with KYC you now have a lead to where your stolen stuff might lead to. Although i'm a little disappointed at how underutilized this feature is and in most cases casinos only ever use this to verify that you're a real person, sometimes even taking it a step too far and using your info to sell to ad agencies for profit.

KYC isn't a bad thing, it's the way that these casinos implemented and imposed it that's putting it in a bad light. Hopefully with the introduction of this anonymous feature we see a new mechanism where KYC can be utilized in its full efficacy.

[btc_angela]

Am i wrong to think that this information on the internet needs to be updated.

You are correct in your assumptions before, we only need a bitcoin address to withdraw our funds and gambling platform doesn't know us because there are no KYC or any other information that mandated from us.

However, when crypto started to become notice by the public, it also caught the attention of regulators. Now they mandated every services, like crypto exchanges and gambling platform to have KYC so that they can track everything because they know that crypto can be taken advantage of anyone to hide their identifies and could be used by criminals (which is not always the case, but this the one valid reasons that they always used).

[Hamphser]

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

Totally anticipating  for this thing to happen because we know that gambling businesses does involved huge incoming or outgoing transactions which does involved huge money and since these places or platforms

needed up for some licenses or simply people do trust to those who do have licenses which means that they would really be needing on getting in lined with governments rules and conditions on which it would really be resulting for you to abide government rules and terms on the time that you would really be getting your permit or licenses or whatsoever which means that anonymity would really be totally that not that possible.
So far most casinos now or crypto ones arent really that asking for some infront KYC or on the time that you would be playing on which it is really that still standard but it would sucks on the time
that they would asking out on the time that you wo make out some withdrawal.

Even on exchange platforms now which it turns out to be shit now which anonymity is really that slowly changing into kyc zone on which leaving you no choice but to deal something  with it.

[nelson4lov]

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

Most crypto gambling sites now are much more centralized than decentralized. I think the only decentralized component of gambling platforms today are only the cryptocurrency tokens/coins (BTC/ETH) itself and not the platform. Since most of them have acquired gambling licenses, they are obliged to operate within the fine lines of regulation. This wasn't an issue in the past but regulatory pressure has almost 10x in the last 5-10 years since Crypto became a household name in the finance and industry.

Till we have full-fledged gambling platforms running new zero knowledge proof blockchain that comes with added privacy (the platform has to be on chain), anonymity in gambling with crypto is a thing of the pass.

If we have a fully decentralized gambling platform that supports privacy and anonymity, how do they get licensed without a centralized gambling license outfit?

[Gozie51]

Am i wrong to think that this information on the internet needs to be updated.

You are correct in your assumptions before, we only need a bitcoin address to withdraw our funds and gambling platform doesn't know us because there are no KYC or any other information that mandated from us.

In the first place, are crypto gambling casinos suppose to be licensed? I don't think they should. Licencing means that it is regulated and monitored so requirements have to be set to meet up to the rules and such requirement is request for customer's identify. Unfortunately, gamblers are providing those information and more cex casinos are joining the business. The whole story is that government is putting an eyes on the unmasking of those playing in casinos.

[ajiz138]

Casinos are now centralized just like CEX at some point they will definitely ask for verification of your identity for what they need.

Although there are still many casinos that do not apply KYC at the beginning, but when a user has a problem in the account with his balance/withdrawal/bet, it is likely that the casino will ask you for verification and it can be said that crypto gambling has clearly no anonymity anymore, but while there are still casinos that do not apply KYC then use those casinos.

Casinos now have rules and it is licensed under the government so the law must be subject to it, so don't be surprised everything will definitely happen.

[Johnyz]

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

Since they want to be regulated as well and have the license, KYC is necessary for them to operate legally and you're not wrong with this.
Most of the crypto casino today are already asking for KYC though some are just a level 1 KYC only but the chance to be asked for another KYC is high especially if you won some money with them. I think the only reason for this is that, they tend to prevent laundering and in order to do that, they should know their players and that is mandated by the regulations.

[Kemarit]

Am i wrong to think that this information on the internet needs to be updated.

You are late with your assumptions though, at the start of 2017 or at least when my memory is still fresh, that's when this whole KYC started to also haunt crypto base gambling platform. Prior to that  it was just a very simple steps for gamblers to deposit and withdraw their bitcoins (99% of crypto based that time only caters or acccept BTC).

But time has change, and maybe this is the price that we have to pay after 2017's bull run as every sector, specially government and banking started to take notice and so they imposed mandatory KYC.

[babygun]

Casinos are now centralized just like CEX at some point they will definitely ask for verification of your identity for what they need.

Although there are still many casinos that do not apply KYC at the beginning, but when a user has a problem in the account with his balance/withdrawal/bet, it is likely that the casino will ask you for verification and it can be said that crypto gambling has clearly no anonymity anymore, but while there are still casinos that do not apply KYC then use those casinos.

Casinos now have rules and it is licensed under the government so the law must be subject to it, so don't be surprised everything will definitely happen.

A couple of years ago (3-4 years), a casino that would ask for KYC was rare and a lot people would not accept this and complain. Nowadays, a lot of casinos will ask for KYC, even for low amount withdrawals especially if you participated in promotions. There are some casinos that are still not too strict on it but I am afraid that will also change in the near future. I don't matter doing KYC for reputable casinos as I am used to do it when playing in fiat casinos.

[yahoo62278]

There are still a few sites out there that do not do KYC. Gamdom.com is 1 of those sites and probably the only 1 that I trust that doesn't do KYC. As far as the info on the internet being updated, of course it needs to be, but it likely will not be.

I personally am not a fan of KYC. I think it's my money I should be able to do whatever I want with it. Look at the current Betnomi situation. They are taking users information(email addresses) and selling them to spam sites. Just 1 example of why I disagree with KYC.

[BitcoinPanther]

There are still some casino that is created to be decentralized where the feature of anonymity still exist.  The problem is that these crypto casino that requires KYC is usually a hybrid casino where it accept both fiat and cryptocurrency so it is normal to see that these casinos asked for KYC since the government wanted their regulation to be implemented.  While other shady crypto casinos use this KYC excuse to deprive their gamblers of their huge wins.

[goaldigger]

They are slowly restricting gamblers from playing anonymously though I think there’s still site that are still KYC free, but most of the trusted casinos today are already asking for KYC. It’s sad that crypto market are slowly getting into this situation and it seems that we are no choice but to comply. Let’s see if some developer will develop a KYC free project that can change the whole scenario in crypto, this is a very innovative market and I know a new project will emerge because of this. 

[DoublerHunter]

Casinos are now centralized just like CEX at some point they will definitely ask for verification of your identity for what they need.
~snip~

^ As the cryptocurrency space continues to mature and gain mainstream acceptance, many crypto casinos are indeed becoming more centralized and subject to regulations, including the implementation of KYC procedures. While there are probably still some casinos that initially allow users to gamble without KYC, it is important to recognize that the situation can change quickly if they encounter issues with users' accounts or transactions, or if they face legal pressure to comply with regulations.
The licensing and regulation of casinos by governments are becoming more prevalent, and this trend is likely to continue as authorities seek to address potential risks and protect consumers. As a result, the level of anonymity once associated with crypto gambling is diminishing over time just because of legalities many casinos have been successful and faster adoption.

[ScamViruS]

Times have changed a lot, faster than gamblers expected. Now most of the trusted casinos have made KYC mandatory, preventing gamblers from using gambling websites anonymously. However, there are still many gambling sites that have not made KYC mandatory, but after a big win, we have already seen many complaints asking those sites to do KYC.

If the gambling sites are so highly centralized, then it has really created a lot of trouble for crypto users in terms of gambling. Hopefully the big players will come up with sites that free gamblers from doing KYC to protect the anonymity of crypto users to change this situation.

[Hispo]

You are not wrong, nowadays anonymity is not longer a benefit of using crypto to gamble. There must be still some small platforms which offer their services without KYC and they could even support some coins which enhance privacy, like Monero.

But I am afraid those small casinos are not as reliable as big and well established casinos.
I am not sure I would sacrifice reliability for full anonimity. It is about the preferences of each one of us, I guess...

There is a reason we do not see Monero and other privacy coins in major regulated casinos, right?

[ajiz138]

Casinos are now centralized just like CEX at some point they will definitely ask for verification of your identity for what they need.

Although there are still many casinos that do not apply KYC at the beginning, but when a user has a problem in the account with his balance/withdrawal/bet, it is likely that the casino will ask you for verification and it can be said that crypto gambling has clearly no anonymity anymore, but while there are still casinos that do not apply KYC then use those casinos.

Casinos now have rules and it is licensed under the government so the law must be subject to it, so don't be surprised everything will definitely happen.

A couple of years ago (3-4 years), a casino that would ask for KYC was rare and a lot people would not accept this and complain. Nowadays, a lot of casinos will ask for KYC, even for low amount withdrawals especially if you participated in promotions. There are some casinos that are still not too strict on it but I am afraid that will also change in the near future. I don't matter doing KYC for reputable casinos as I am used to do it when playing in fiat casinos.

A few years ago until now the development of crypto gambling is growing rapidly so it would be natural that the casino will ask for KYC verification for any reason including from small withdrawals that you think are unreasonable, even I would not be surprised and I will know the consequences later if they require it.

I have done KYC with reputable casinos that I can fully trust, but it is still a concern that the majority of us still want privacy in the use of crypto including in gambling at casinos.

[notblox1]

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Not all casinos are enforcing KYC verifications to players and I can confirm that from my own experience in last few years, so I am happy to continue using them.
For situations when larger amounts of money are won in casino or sport bet I would be ok to perform verification, but that could be exceptions and having some regulations is not bad.
Perfect solution is to have fully decentralized p2p casinos but that is not easy to have betting service with good volume and regulators could try to make their life harder.

I personally am not a fan of KYC. I think it's my money I should be able to do whatever I want with it. Look at the current Betnomi situation. They are taking users information(email addresses) and selling them to spam sites. Just 1 example of why I disagree with KYC.

Yes, my email got leaked from Betnomi and I can bet that personal information from other players kyc verification is also leaked.
Even biggest websites in the world that are not related with crypto had big leaks, so better to be extra careful about personal details sent online.

[Mahanton]

There are still a few sites out there that do not do KYC. Gamdom.com is 1 of those sites and probably the only 1 that I trust that doesn't do KYC. As far as the info on the internet being updated, of course it needs to be, but it likely will not be.

I personally am not a fan of KYC. I think it's my money I should be able to do whatever I want with it. Look at the current Betnomi situation. They are taking users information(email addresses) and selling them to spam sites. Just 1 example of why I disagree with KYC.

This is the main reason on why im always that skeptical when it comes to complying out KYC even on exchange platforms who do ask out for some verification if ever you would be asking out for more features which you would be needing up to go with this process but somewhat you do have the option on not to be able to comply but of course the function would really be just that limited. This is why if ever i do make out some KYC
then i do always make use of dummy emails because sooner or later i would really be seeing those spam emails that would flooded out my email inbox which its never been new that these information would really be leaked out. I dont have any experience on gamdom but i have able to see its signature campaign on this forum wayback and if they are really that asking no KYC with this then i might reconsider on playing on it.
Progress and regulation is something that cant really be stopped and just like with those other comments that as long this one involves huge money then expect that government would really be liking
to get involved with.