Casinos after the shutdowns of mixers

[GreatArkansas]

Do you know?

Casino is a good business for money laundry, even our self can laundry on there without the lawforce take some action. The only problem, they just need to passed 1x Deposit Rules. With the recent mixer case.

It's not gonna to change anything and effecting casino, no need to worry.

I believe these Casino platforms also have some system that is used to identify if you deposit some suspicious transaction, that's why some casinos are not that really strict but for sure, they are very carefully checking some of our transactions, especially the deposit. Just check their Terms and Conditions, they are totally different from mixers that you can easily use to money launder.

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[maydna]

~snip~

I think those who launder big time know their transactions are traceable if they do it on a blockchain. As long as cash can still be used, they will be doing it on cash on the traditional casinos too. Mix their money on the casino's stash, minus the tax, and it's clean.

What is worrisome in the forum is if the government will also try to regulate the advertisements of casinos on the internet including crypto which bitcointalk has heavily being the biggest crypto gamblers pad.

Those who launder money will continue to be careful in laundering their money. It will be a tough task for casinos to monitor each of their members because, for popular casinos, must always guard their casinos against illegal activities such as money laundering. Casinos may implement something new to avoid money launderers who may already often use casinos for their illegal activities.

Maybe governments that prohibit gambling could block gambling advertisements from their countries. This means that citizens cannot gamble freely like before. If the government finds that there are many cases of gambling addiction in the country, it will increase the government's vigilance, and maybe that's when there will be an appeal from the government to avoid gambling. For this forum, maybe the government has entered it and is monitoring gambling activities, but who knows? We don't know the truth either.

~snip~

Well, that's a fact that money laundering activities will keep on happening and those that with lots of money that came from bad activities will still continue to do it.

While for those that are just casual gamblers, want to have some fun will probably be accused by the casino where they gamble because it happened to some users that they've been falsely accused.

Money laundering will continue to occur, and the government will find it increasingly difficult to track it because money launderers may use many methods to continue their illegal activities. But of course, that hasn't stopped the government from continuing to try to track him down. They will use all means to find the money launderers and punish them.

We who are just ordinary gamblers can only gamble as usual, not use big money, and only use gambling as entertainment. That will keep us away from the suspicion of the casino, and we will still be free to gamble.

[boyptc]

~snip~

Well, that's a fact that money laundering activities will keep on happening and those that with lots of money that came from bad activities will still continue to do it.

While for those that are just casual gamblers, want to have some fun will probably be accused by the casino where they gamble because it happened to some users that they've been falsely accused.

Money laundering will continue to occur, and the government will find it increasingly difficult to track it because money launderers may use many methods to continue their illegal activities. But of course, that hasn't stopped the government from continuing to try to track him down. They will use all means to find the money launderers and punish them.

We who are just ordinary gamblers can only gamble as usual, not use big money, and only use gambling as entertainment. That will keep us away from the suspicion of the casino, and we will still be free to gamble.

That's why there is nothing to worry about.

If someone is worried about the current casino that he's working with through a campaign, don't think of it as long as you see nothing wrong with them as most of them are licensed.

That's it, and true that ML are going to continue as this activity is almost everywhere even in real life casinos and other services that we don't know outside crypto world.

[avp2306]

~snip~

Well, that's a fact that money laundering activities will keep on happening and those that with lots of money that came from bad activities will still continue to do it.

While for those that are just casual gamblers, want to have some fun will probably be accused by the casino where they gamble because it happened to some users that they've been falsely accused.

Money laundering will continue to occur, and the government will find it increasingly difficult to track it because money launderers may use many methods to continue their illegal activities. But of course, that hasn't stopped the government from continuing to try to track him down. They will use all means to find the money launderers and punish them.

We who are just ordinary gamblers can only gamble as usual, not use big money, and only use gambling as entertainment. That will keep us away from the suspicion of the casino, and we will still be free to gamble.

That's why there is nothing to worry about.

If someone is worried about the current casino that he's working with through a campaign, don't think of it as long as you see nothing wrong with them as most of them are licensed.

That's it, and true that ML are going to continue as this activity is almost everywhere even in real life casinos and other services that we don't know outside crypto world.

They get worried to much on casino situation after the shutdown of mixer while they failed to realize that casino and mixer is totally a different platform. Casino right now is running in legitimate form and Mixer is just pure shady business that's why we see them got eliminated and for sure compliant casino would provably remain.

But for sure those mixers will continue its service but we don't know yet what's their next plan after their shutdown here in bitcointalk.

[maydna]

~snip~

That's why there is nothing to worry about.

If someone is worried about the current casino that he's working with through a campaign, don't think of it as long as you see nothing wrong with them as most of them are licensed.

That's it, and true that ML are going to continue as this activity is almost everywhere even in real life casinos and other services that we don't know outside crypto world.

As long as we don't carry out illegal activities or cheat the casino, we will definitely remain safe and be able to enjoy our gambling activities well. We just need to pay attention to managing the money we will use for gambling and not deposit more than we can afford because gambling excessively will only give us problems.

Trusted casinos will still provide the best service to all their members unless some of their members are proven to have carried out money laundering activities. Casinos will definitely not tolerate it and will impose sanctions on them. The casino can even report it to regulators for further investigation.

[swogerino]

I think mixers will continue to be used in the other space as already mentioned here and that other space is dark/deep web (can't say anymore about it) so this means people will be able to use the mixers again,those people used to use mixers as for me personally I almost never used any of them because I never had the need to do so.

Also the casinos to make an analogy even if they are shutdown in "normal" web they will continue to exist in the deep web,so this news will not affect most of the users here who are knowledgeable enough to search and to find where the casinos will be.Again as already said here casinos are not risking to lose their multi million dollars just because some stupid law says so.

[Huppercase]

Numerous bad news and developments unfolded this past week, mainly impacting privacy and decentralization. The recent crackdown by United States authorities on well known mixers has serious implications for users and even businesses or projects. Mixers were originally designed to keep users anonymity, and the current situation appears to be so harming for both sides and a slap for bitcoin users as well.

I think you are mixing up the Casino and the mixers. Casinos are most of the time are platforms where different people come to play games and bet on those games but the contional approach has been mordernized to with the help of the internet where you can now play game from your phone and computers and privacy are usually low in this platforms even if the public doesn't know of your doings, the team that owns the casino teams knows your activity, there is no privacy in that place except for few of them that doesn't request for KYY verification.

As for the mixers, even the team that mixes your bitcoin might not know the destination of your bitcoin. The two are different and they are not related except for the fear of money laundering but they have ways of dealing with such people.

The worse news, is mixers will no longer be allowed in Bitcointalk for any kind of promotions or even discussions. Along with the risk of getting banned because of that means ; Mixers are dead here in BTT.

Now, you may be wondering about the connection between mixers related issues and casinos. The thing lies in casinos capability to facilitate untraceable transactions, enabling scenarios like depositing and withdrawing without a trace, potentially leading to money laundering.

The important question here: how will casinos respond to this new landscape, and what measures will they take and implement to face the challenges posed by recent developments? Probably many users will join casinos for an alternative of mixer.

Well well, I don't blame the global moderators for fighting against Mixers because of the allegations that has been brought up from financial crime agency and it will be a threat to the forum in the long run.
Any platforms that is involve in finance will definitely has problem of money laundering but I don't think casinos are that completed like that with mixers, any criminal person can misuse the opportunity of privacy and abused it but since casinos has KYC, it will reduce the rate because even exchanges laundered money alot despite the KYC.

[Sunderland]

- snip -

Now, you may be wondering about the connection between mixers related issues and casinos. The thing lies in casinos capability to facilitate untraceable transactions, enabling scenarios like depositing and withdrawing without a trace, potentially leading to money laundering.

The important question here: how will casinos respond to this new landscape, and what measures will they take and implement to face the challenges posed by recent developments? Probably many users will join casinos for an alternative of mixer.

That is not true, all of the casinos with their original payment systems or using a 3rd party payment gateway including with the deposit/withdrawal terms have a better AML protection than a mixer.

1. Money launderer will deposit with a big amount, the casino payment system must be alert someone on the finance when there is a big deposit.
2. The user must wager a certain amount before they able to withdraw.
3. Using the mixer = the swap almost instant (full amount) + no KYC, while on the casino there is a daily withdrawal limit and this one will definitely trigger a KYC.
4. Money laundering with a small amount + must wager first is not effective, it will cost time and money.

Money Laundering is not a new thing, all of the casinos already aware of that. Easier to money laundering on a land based casino (fiat) than an online crypto casino.
Any crypto casino must be aware of what happen with sinbad but I dont think they will or must implement something new.
Perhaps only ask their finance staff to be more cautious with big deposits and thats it.

[abel1337]

Numerous bad news and developments unfolded this past week, mainly impacting privacy and decentralization. The recent crackdown by United States authorities on well known mixers has serious implications for users and even businesses or projects. Mixers were originally designed to keep users anonymity, and the current situation appears to be so harming for both sides and a slap for bitcoin users as well.

The worse news, is mixers will no longer be allowed in Bitcointalk for any kind of promotions or even discussions. Along with the risk of getting banned because of that means ; Mixers are dead here in BTT.

Now, you may be wondering about the connection between mixers related issues and casinos. The thing lies in casinos capability to facilitate untraceable transactions, enabling scenarios like depositing and withdrawing without a trace, potentially leading to money laundering.

The important question here: how will casinos respond to this new landscape, and what measures will they take and implement to face the challenges posed by recent developments? Probably many users will join casinos for an alternative of mixer.

We know that casinos are being treated as a mixer by other people and it's been that way since then. Casinos try to strengthen their casino by doing some anti money laundering tactics like wager rules and implementing strict KYC to gamblers. Maybe we will see people who will still try to use casino with the purpose of mixing coins and hoping they can successfully wash it. Casinos who has loose rules on money laundering is I think the one who will get customers who will basically want to wash their cryptos.

It's just sad that mixers are being taken down one by one, casino would need to strengthen their rules for them to show people that they are not an alternative of mixers.

[coolcoinz]

IMO you can't stop mixers, just like you can't stop deep web markets. Both will continue to exist and governments are just starting to look stupid when they try to fight something for a decade and it's still there doing fine, like torrents.

I don't agree with a number of stances taken by many governments around the world and since I haven't elected them, I'm not going to obey they. Why should I care what the US government thinks about mixers if I'm on the other side of the globe and never even used USD in my life?

Bottom line, casinos will thrive, mixers will thrive, bitcoin will thrive. Nothing will change, apart from policies that regulated companies will have to keep up with or they'll get fined.

[mvdheuvel1983]

IMO you can't stop mixers, just like you can't stop deep web markets. Both will continue to exist and governments are just starting to look stupid when they try to fight something for a decade and it's still there doing fine, like torrents.

I don't agree with a number of stances taken by many governments around the world and since I haven't elected them, I'm not going to obey they. Why should I care what the US government thinks about mixers if I'm on the other side of the globe and never even used USD in my life?

Bottom line, casinos will thrive, mixers will thrive, bitcoin will thrive. Nothing will change, apart from policies that regulated companies will have to keep up with or they'll get fined.

Mixers are very fluid in their operations. They can't be prevented. There will always be a an everlasting bad blood between mixers and the government. At some point the government and mixers will have a middle ground, this is what I expect though but do not know when it is going to happen. The true bitcoin supporters who want to be truly anonymous.

For now, even if the  domains of a thousand mixers are seized, casinos that are regulated will thrive. They do not work together. A problem facing one will not stop the business of the other.

[Zlantann]

Mixers are very fluid in their operations. They can't be prevented. There will always be a an everlasting bad blood between mixers and the government. At some point the government and mixers will have a middle ground, this is what I expect though but do not know when it is going to happen. The true bitcoin supporters who want to be truly anonymous.

Mixers are aimed at making transactions anonymous while the government wants transactions to be exposed to them. The government and mixers cannot have a middle ground because both of them serve opposing purposes. Mixers will have no customers if they ever abide by government regulations.

It's just sad that mixers are being taken down one by one, casino would need to strengthen their rules for them to show people that they are not an alternative of mixers.

The government never said mixers are illegal but they are concerned about the fraudulent operations of some mixers. I suspect that the government will keep intensifying its efforts to clamp down on mixers that are suspected to be used for criminal activities. Casinos would have to abide fully by the Anti Money Laundering (AML) laws of the country to avoid being considered as facilitators of criminal activities. We should expect more stringent KYC laws on gamblers to enable them to avoid sanctions.

[LUCKMCFLY]

IMO you can't stop mixers, just like you can't stop deep web markets. Both will continue to exist and governments are just starting to look stupid when they try to fight something for a decade and it's still there doing fine, like torrents.

I don't agree with a number of stances taken by many governments around the world and since I haven't elected them, I'm not going to obey they. Why should I care what the US government thinks about mixers if I'm on the other side of the globe and never even used USD in my life?

Bottom line, casinos will thrive, mixers will thrive, bitcoin will thrive. Nothing will change, apart from policies that regulated companies will have to keep up with or they'll get fined.

Mixers are very fluid in their operations. They can't be prevented. There will always be a an everlasting bad blood between mixers and the government. At some point the government and mixers will have a middle ground, this is what I expect though but do not know when it is going to happen. The true bitcoin supporters who want to be truly anonymous.

For now, even if the  domains of a thousand mixers are seized, casinos that are regulated will thrive. They do not work together. A problem facing one will not stop the business of the other.

You are right, when we are in a period in which things are less anonymous and less private, it is better for all those who actually seek that this turns out to be bad, in this order of ideas we have to assume that things as the mixers are taking away the privilege they had from certain players, but since now they are so demanding with KYC, without mixers, without VPN, there will come a time where the demand for the caissos will go down, because like some players they basically are Very millionaires who like their privacy and anonymity will no longer want to play that way, because that will be paradise for governments to track them and the possible things they can ask of each player, from a large tax to a large amount of money. What they can get out of them, some don't see it that way, but let's say that the perosans that we already have experience in this type of dealings with governments and banking entities because what one does is think badly.

Basically, being without mixers is like giving a big point to the governments and entities that are completely centralized, and the mixers in my opinion are not illegal at all, because it is money, it is money that people want most, so why can't they have it? people ? single governments? banks? Those things are the ones that I always emphasize a lot, just imagining a casino that is legal, that does not have many licenses, that does not require KYC nor does it matter if they use the VPN, but that is a totally reliable casino, where they believe that the players of casinos? especially the whales who don't like to give their KYC? For there obviously, this thing about the mixers is one more step Backwards that is being taken, I don't think that all the mixer companies will go down , I think that they are going to be in a persecution, but I don't see that it is something serious, It's something that doesn't suit me at all, it's not what it should be.

[electronicash]

IMO you can't stop mixers, just like you can't stop deep web markets. Both will continue to exist and governments are just starting to look stupid when they try to fight something for a decade and it's still there doing fine, like torrents.

I don't agree with a number of stances taken by many governments around the world and since I haven't elected them, I'm not going to obey they. Why should I care what the US government thinks about mixers if I'm on the other side of the globe and never even used USD in my life?

Bottom line, casinos will thrive, mixers will thrive, bitcoin will thrive. Nothing will change, apart from policies that regulated companies will have to keep up with or they'll get fined.

Mixers are very fluid in their operations. They can't be prevented. There will always be a an everlasting bad blood between mixers and the government. At some point the government and mixers will have a middle ground, this is what I expect though but do not know when it is going to happen. The true bitcoin supporters who want to be truly anonymous.

For now, even if the  domains of a thousand mixers are seized, casinos that are regulated will thrive. They do not work together. A problem facing one will not stop the business of the other.

You are right, when we are in a period in which things are less anonymous and less private, it is better for all those who actually seek that this turns out to be bad, in this order of ideas we have to assume that things as the mixers are taking away the privilege they had from certain players, but since now they are so demanding with KYC, without mixers, without VPN, there will come a time where the demand for the caissos will go down, because like some players they basically are Very millionaires who like their privacy and anonymity will no longer want to play that way, because that will be paradise for governments to track them and the possible things they can ask of each player, from a large tax to a large amount of money. What they can get out of them, some don't see it that way, but let's say that the perosans that we already have experience in this type of dealings with governments and banking entities because what one does is think badly.

Basically, being without mixers is like giving a big point to the governments and entities that are completely centralized, and the mixers in my opinion are not illegal at all, because it is money, it is money that people want most, so why can't they have it? people ? single governments? banks? Those things are the ones that I always emphasize a lot, just imagining a casino that is legal, that does not have many licenses, that does not require KYC nor does it matter if they use the VPN, but that is a totally reliable casino, where they believe that the players of casinos? especially the whales who don't like to give their KYC? For there obviously, this thing about the mixers is one more step Backwards that is being taken, I don't think that all the mixer companies will go down , I think that they are going to be in a persecution, but I don't see that it is something serious, It's something that doesn't suit me at all, it's not what it should be.

i doubt the users of casinos will diminish when the gamblers become rich with BTC. they will always be here to just keep betting. as long as they can bet and try to make money with a small amount to risk, they will be gambling.

those mixers will solely just have onion domains just to keep their law tailing them. as of now there's one mixer on the other crypto forum which somehow i could say its still spreading the word.

[Johnyz]

I think mixers will continue to be used in the other space as already mentioned here and that other space is dark/deep web (can't say anymore about it) so this means people will be able to use the mixers again,those people used to use mixers as for me personally I almost never used any of them because I never had the need to do so.

Those who wants to launder money will always find their way to do it and yes a darkweb will always exist for them. The casinos are strict already and for sure they will increase their security just to stay in business and to follow the regulation. We know how this market works, and we know how the government wants to regulate crypto as much as possible and if the casinos will not follow it, there’s a risk that the government will look after them and they might give more pressure to those casinos who will not follow the regulation.

[Obari]

Probably many users will join casinos for an alternative of mixer.

Well I don’t think the casinos are even safe or decentralized anymore because for a casino to be full functional with a working license, then you ought to know that, there will definitely be some sort of KYC along the line and it is always very difficult to get a very reputable casino that isn’t asking for KYC at some points either during registration, after registration or during deposit or withdrawal or at some trigger points but whatever the case might be, I don’t think the casinos are safe and decentralized this days but I’m sure the government are already winning their ground

I think mixers will continue to be used in the other space as already mentioned here and that other space is dark/deep web (can't say anymore about it) so this means people will be able to use the mixers again,those people used to use mixers as for me personally I almost never used any of them because I never had the need to do so.

Those who wants to launder money will always find their way to do it and yes a darkweb will always exist for them. The casinos are strict already and for sure they will increase their security just to stay in business and to follow the regulation. We know how this market works, and we know how the government wants to regulate crypto as much as possible and if the casinos will not follow it, there’s a risk that the government will look after them and they might give more pressure to those casinos who will not follow the regulation.

I agree with the fact that those that want to launder money will always find a way to do so and at some point I’m beginning to think and feel that this fight isn’t about mixers or so but about the government personal interest and the government is seeking every means to earn from
Cryptocurrency.

[livingfree]

IMO you can't stop mixers, just like you can't stop deep web markets. Both will continue to exist and governments are just starting to look stupid when they try to fight something for a decade and it's still there doing fine, like torrents.

That's true.

While it is not illegal to use mixers, if the ones that using it have that dirty money. Those are the ones that will be chased down but as you've said, even if they're going to advocate this for so many years.

The thing is, they're going to continue to exist. There will be a lot of taking down, there could be casinos that might also be. But the reality is that, they're unstoppable and will keep coming back like mushrooms.

[goaldigger]

I think mixers will continue to be used in the other space as already mentioned here and that other space is dark/deep web (can't say anymore about it) so this means people will be able to use the mixers again,those people used to use mixers as for me personally I almost never used any of them because I never had the need to do so.

Those who wants to launder money will always find their way to do it and yes a darkweb will always exist for them. The casinos are strict already and for sure they will increase their security just to stay in business and to follow the regulation. We know how this market works, and we know how the government wants to regulate crypto as much as possible and if the casinos will not follow it, there’s a risk that the government will look after them and they might give more pressure to those casinos who will not follow the regulation.

There’s always a way for them, and its only a matter of time for the government to know and of course they will find other way. Let’s accept the fact that some mixers are being used for laundering and that’s why they are on the hotspot and some mixers already suffer the shutdown. The government will not allow such thing, and if they believe casinos are also practicing this, for sure more regulations will be out just to address this issue.

[Casdinyard]

As per what theymos is saying, bitcointalk will not allow mixers in the forum, that doesn’t mean that casinos, with their KYC functionalities and all that shit, aren’t able to join the fun in bitcointalk just cause they offer untraceable transactions.

There are some parameters that are set to make sure that no other site is to be discriminated against, and to let people know what mixers are really, I say this is bad for bitcointalk since it will stagnate the akount of advertisers in the forum which may lead into less traffic, but I’m guessing that’s the least of their worries now.

In any case, the forum will thrive, casinos will remain in the forum unless the government decides to ban them as well, and we all should relax I guess.

[lionheart78]

I think mixers will continue to be used in the other space as already mentioned here and that other space is dark/deep web (can't say anymore about it) so this means people will be able to use the mixers again,those people used to use mixers as for me personally I almost never used any of them because I never had the need to do so.

Those who wants to launder money will always find their way to do it and yes a darkweb will always exist for them. The casinos are strict already and for sure they will increase their security just to stay in business and to follow the regulation. We know how this market works, and we know how the government wants to regulate crypto as much as possible and if the casinos will not follow it, there’s a risk that the government will look after them and they might give more pressure to those casinos who will not follow the regulation.

There’s always a way for them, and its only a matter of time for the government to know and of course they will find other way. Let’s accept the fact that some mixers are being used for laundering and that’s why they are on the hotspot and some mixers already suffer the shutdown. The government will not allow such thing, and if they believe casinos are also practicing this, for sure more regulations will be out just to address this issue.

Not only mixers, money launderers use any platform that enable them to launder money.  They even use banks, a legit establishment to launder money through backdoor negotiation with the bank managers/management.  So it is not surprising if they will not only use mixers and also use casinos for money laundering.

The difference between mixers and casino is that, casino is made for entartainment and has a license to operate, is also against money laundering activities and follow the regulatory implementation of anti-money laundering law by suspending or locking accounts and asking for KYC to those who are suspected of breaching the AML.