Casinos after the shutdowns of mixers

[maydna]

Let's hope it's not related to crypto casinos. However, casinos may take serious action to address the recent incidents at mixers by increasing supervision of their users. Crypto casinos will tighten their regulations, and casinos may immediately implement KYC on their users. By implementing this verification, the casino can at least monitor its members who deposit and withdraw large amounts of money. If the government asks questions about money laundering cases, the casino can provide its data for further investigation. Current conditions are increasingly difficult for crypto casinos because they are being monitored more closely by the government, so they have to be more careful in running their business.

[Litzki1990]

A number of mixer campaigns promoted on the forum have had this happen multiple times and the latest Sinbad mixer has had such an incident which may be why the forum has decided that running mixer campaigns on this forum can harm the forum. If we are talking about signature campaign then most of the campaigns are running mixer campaign, few are running online casino or gambling site promotion campaign. Since mixer forums will be banned from January 1st, only gambling or casino sites will be allowed to promote on the forum. If the gambling or casino site commits such fraud and the gambling and casino sites are banned due to such fraud, there will be no signature campaign to promote in the forum. So banning is not the solution but the solution is to keep proof so that mixer campaigns or other campaigns cannot cheat. It would be a good decision to allow mixer campaign running in forums with proof.

[AbuBhakar]

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.

I created a topic related to money laundering on casino https://bitcointalk.org/index.php?topic=5476393.msg63263202#msg63263202 and ask this same question but I guess the difference between the casino to mixers was they have license to operate that involves KYC as complying to the AML policy. Casino is actively fighting money laundering while mixer doesn’t have any restrictions about money laundering since they don’t screen all the incoming transactions since they offer privacy with their customers.

Being centralized casino with KYC is still a blessings for us despite many of here always complaining about the casino KYC.

[aioc]

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.

The mixers are just being shut out here not their operation, so why bother they will not shift from mixing to casinos just because Bitcointalk does not allow the promotion of mixing here, they will just transfer their promotion elsewhere but it's still business as usual for them.

It's very risky if they suddenly shift to casinos given that casinos are very hard on money laundering, they can easily track cheaters what more with money launderers, I have seen in the scam section where users are banned because of accusations of money laundering although the victims deny it, will the launderers take that risks I don't think so.

[panjul07]

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

Who will be stupid enough to use casinos as an alternative of mixer? Why I say using casino as alternative of mixer is stupid?
First, casinos are no longer anonymous especially when it comes to big transactions due to casinos reserve the right to request KYC.
Second, most casino implement 1x-2x wagering requirement for the deposit before players able to request withdrawal, it means that people need to risk the money.
Will those people who want to mix want to risk their money in a casino? I dont think so, although there is a less risky strategy such as betting with 1.01x but there is still a risk to lose the whole amount.
In case someone is lucky enough to bet the whole amount with low risk, I believe casino will consider it as a suspicious activity if the player request withdrawal after betting 1.01x only.
Last but not least, mixing sites will still be available out there IMO, they may no longer exist here in bitcointalk but there are still many other places for them to promote their services.

[Fivestar4everMVP]

To be honest, i still can not find out how the demice of mixers on this forum has anything to do with gambling casinos, casinos have been operating way before mixers came into existence, and I honestly do not see how the absence of mixers on this forum would affect casino since both have nothing in common.

Even if some gambler now turn to casinos as a means to launder money, this wont be possible to do in every casino since some casinos have wager requirement placed on every deposit, where the user is mandated to wager a certain amount of money off the money deposited before he or she can withdraw it if he or she wishes to.

And another thing I will also like to add is that, banning mixers on this forum does not mean that mixers are banned from existing even outside the forum, mixers can still operate outside this forum, only thing is, they can't be promoted on this forum anymore, or discussed about here.

[KTChampions]

~
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.

Casinos have been fighting against being used as mixers or whitewashers for a very long time, so it's unlikely that much will change for them. Another thing is how the situation on the forum will change. But there is no point in guessing; first we need to wait for January 1st and see how strictly the mixers will be “removed” from here. In any case, we can say that a free niche appears and it will be filled with something.

[boyptc]

Let's hope it's not related to crypto casinos. However, casinos may take serious action to address the recent incidents at mixers by increasing supervision of their users. Crypto casinos will tighten their regulations, and casinos may immediately implement KYC on their users. By implementing this verification, the casino can at least monitor its members who deposit and withdraw large amounts of money. If the government asks questions about money laundering cases, the casino can provide its data for further investigation. Current conditions are increasingly difficult for crypto casinos because they are being monitored more closely by the government, so they have to be more careful in running their business.

All of those are possibiities.

But I don't think that they're going to take it seriously when majority of them are registered and have a trademark unlike the mixers that have unknown developers or owners behind.

Maybe they'll take it as a precaution to do their jobs better and monitor more players accurately. Other than that, I don't see something serious that shall go with the casinos.

[Wapfika]

Let's hope it's not related to crypto casinos. However, casinos may take serious action to address the recent incidents at mixers by increasing supervision of their users. Crypto casinos will tighten their regulations, and casinos may immediately implement KYC on their users. By implementing this verification, the casino can at least monitor its members who deposit and withdraw large amounts of money. If the government asks questions about money laundering cases, the casino can provide its data for further investigation. Current conditions are increasingly difficult for crypto casinos because they are being monitored more closely by the government, so they have to be more careful in running their business.

All of those are possibiities.

But I don't think that they're going to take it seriously when majority of them are registered and have a trademark unlike the mixers that have unknown developers or owners behind.

Maybe they'll take it as a precaution to do their jobs better and monitor more players accurately. Other than that, I don't see something serious that shall go with the casinos.

Aside from what you said, Forum restricting mixers is a not directly gonna impact casino in legal ways. This is just a forum safety precaution agains possible legal charges in the future by hosting illegal mixers while casino is legally compliant so there’s no way for regulators to crack them down without any evidence that they are knowingly allowing money laundering.

I believe only forum users is making it a big deal due to the signature campaign but it’s really not gonna affect casino operations because mixers is different to casino if we remove forum out of the picture.

[bitbollo]

casinos should never be considered an alternative to mixers.
it is very easy to track funds sent and withdrawal. Their design does not require you to have this function probably due AML.

the only sites that allowed these funds to be partially "obscured" were gambling sites with internal exchanges. If I remember correctly, none of the major companies have introduced this feature

[tsaroz]

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.

The crackdown on mixers would certainly increase the number of people trying to mix their crypto in gambling sites. Specially those which don't enforce KYC.
So, could expect more strict restrictions and more KYC demands in gambling site. One way they would try to stop is requiring people to bet x times their deposit before withdrawing as everyone deposits on a gambling site to gamble. There would be no choice for users for change of mind after they deposit. The exception of gambling site with bankroll investment, they could require the investing users to hold the coin for a longer fixed amount of time before withdrawing. And for suspicious and larger deposit expect a KYC demand.

[adultcrypto]

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.

I will quote the entire post so that my response will align with it post better. Well, to respond to your concerns, casinos and mixers are entirely different thing with different terms and conditions even though most of them have some things in common. From my experience, it will be a little bit difficult for bad actors to use casinos for money laundering without the casinos knowing. First, many casinos already have a rule that you must stake certain percentage of your deposited funds to be able to make withdrawals.  In this case, you cannot just deposit and make withdrawals without playing games in the platform. 

Going forward, casinos that do not have this rule will have to integrate same to protect themselves from this recent crackdown on privacy. I know casinos have some level of legitimacy but crypto-based casinos might still be seen as bit treat, hence the need to tighten loosed ends.

[boyptc]

All of those are possibiities.

But I don't think that they're going to take it seriously when majority of them are registered and have a trademark unlike the mixers that have unknown developers or owners behind.

Maybe they'll take it as a precaution to do their jobs better and monitor more players accurately. Other than that, I don't see something serious that shall go with the casinos.

Aside from what you said, Forum restricting mixers is a not directly gonna impact casino in legal ways. This is just a forum safety precaution agains possible legal charges in the future by hosting illegal mixers while casino is legally compliant so there’s no way for regulators to crack them down without any evidence that they are knowingly allowing money laundering.

I believe only forum users is making it a big deal due to the signature campaign but it’s really not gonna affect casino operations because mixers is different to casino if we remove forum out of the picture.

Yes, I think they all understand.

But they're worried that crypto casinos might go next with the taking down of the regulators and the forum admin has to retaliate with that actions taken by them.

Anyway, there's nothing to be worried about it as casinos are typically normal business and establishments already globally. They'll just be taken down if they are unregistered.

[alastantiger]

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.

Casinos are not worried about this. They already have a strict KYC and AML policy in place. Money can never be laundered through these casinos with these policies because every deposit and withdrawal is monitored and tracked. It will be stupid for those bad guys to move to casino's while running away from mixers. These guys will invent another strategy to run their illegal business. Regulated crypto casinos have no dealings with these guys.

[Lanatsa]

All of those are possibiities.

But I don't think that they're going to take it seriously when majority of them are registered and have a trademark unlike the mixers that have unknown developers or owners behind.

Maybe they'll take it as a precaution to do their jobs better and monitor more players accurately. Other than that, I don't see something serious that shall go with the casinos.

Aside from what you said, Forum restricting mixers is a not directly gonna impact casino in legal ways. This is just a forum safety precaution agains possible legal charges in the future by hosting illegal mixers while casino is legally compliant so there’s no way for regulators to crack them down without any evidence that they are knowingly allowing money laundering.

I believe only forum users is making it a big deal due to the signature campaign but it’s really not gonna affect casino operations because mixers is different to casino if we remove forum out of the picture.

Yes, I think they all understand.

But they're worried that crypto casinos might go next with the taking down of the regulators and the forum admin has to retaliate with that actions taken by them.

Anyway, there's nothing to be worried about it as casinos are typically normal business and establishments already globally. They'll just be taken down if they are unregistered.

Okay lets try to assess things on here;

Are there any casinos that had been shut down by the government just because of some privacy issues here on this market or into this forum itself?
I didnt remember any platforms who had been able to experience such thing but rather those platforms or companies had closed their doors usually in speaking or pertaining
about on not being profitable and not into some legal issues. They had been existing for a while but i dont see any situations that do connects out with legality
or some culprits in between the government.

So i dont really see any connections in regarding with the recent mixers situations into these gambling platforms or businesses. They do function out differently
on which it is really just that a common approach.

[electronicash]

All of those are possibiities.

But I don't think that they're going to take it seriously when majority of them are registered and have a trademark unlike the mixers that have unknown developers or owners behind.

Maybe they'll take it as a precaution to do their jobs better and monitor more players accurately. Other than that, I don't see something serious that shall go with the casinos.

Aside from what you said, Forum restricting mixers is a not directly gonna impact casino in legal ways. This is just a forum safety precaution agains possible legal charges in the future by hosting illegal mixers while casino is legally compliant so there’s no way for regulators to crack them down without any evidence that they are knowingly allowing money laundering.

I believe only forum users is making it a big deal due to the signature campaign but it’s really not gonna affect casino operations because mixers is different to casino if we remove forum out of the picture.

Yes, I think they all understand.

But they're worried that crypto casinos might go next with the taking down of the regulators and the forum admin has to retaliate with that actions taken by them.

Anyway, there's nothing to be worried about it as casinos are typically normal business and establishments already globally. They'll just be taken down if they are unregistered.

Okay lets try to assess things on here;

Are there any casinos that had been shut down by the government just because of some privacy issues here on this market or into this forum itself?
I didnt remember any platforms who had been able to experience such thing but rather those platforms or companies had closed their doors usually in speaking or pertaining
about on not being profitable and not into some legal issues. They had been existing for a while but i dont see any situations that do connects out with legality
or some culprits in between the government.

So i dont really see any connections in regarding with the recent mixers situations into these gambling platforms or businesses. They do function out differently
on which it is really just that a common approach.

probably too worried the campaigns are going to also stop. but sure it's going to be worrisome, people have been around in this forum for years, and suddenly things like this mess up the routine.

where else can they advertise but to the biggest crypto community. this is the trade-off for the crypto adoption though. its been widely adopted you might not notice it but the online payment method has changed a lot and even the services provided by freelancers have options to pay BTC and USDT. that is kind of a success.

[ajiz138]

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.

Unless people who wants to launder in casino approved their KYC. To be frank, casino's KYC procedure are more strict than exchanges to be precise and is really against to money laundering due to it's strict regulations.

Well, unless these launderers use unlicensed casinos who are more riskier to lost their funds after depositing there.

Even if they agree to KYC at the casino then there will not be able to do money laundering there, even in the terms and conditions it is always mentioned that money laundering is very much about there, so people will not be able to do that, the rest is that casinos are stricter for a change now.

If the casino is not licensed then it is clear that I will consider it a fraudulent casino, they do not have legal regulations so even if they will mix there it will lose all the money there.

Isn't mixing only prohibited on forums? So they can still mix without having to involve the casino as an alternative.

[macson]

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.

we will continue to adapt to the new conditions and policies that apply, that is a good adaptation, and to be honest, the moderator is actually not easy to make that decision, there are many considerations that must be taken into account for the good of the forum, we all have to be able to accept these changes, regarding what will happen to casinos after the majority of mixers are not allowed to advertise on forums, i don't think it will have a big impact on casinos, there will definitely be some gamblers who use mixers for deposits or withdrawals but after this policy, they have to be prepared for all the risks that exist when using the mixer for deposits and withdrawals.

[Fortify]

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.

Mixers were bad news from day one and few even achieved what they claimed to do in the first place. They are the very definition of money laundering and will always be treated as such by law enforcement in every single country. They have some very edge case legitimate usage, but the vast majority of people using them are for illegitimate purposes. There's no point acting like this is a new development either, there have been continuous and repeated waves of shutdowns over the years. In fact they probably stagger such prosecutions so they are able to catch many fish in the net and tie many cases together. Casinos may actually benefit from this in the longer run, as they are rather fluid with their deposits.

[Cookdata]

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.

Casinos are not mixers and Casinos can never be like mixers because Casinos don't have that mixing capabilities, they can't hide transaction and make it complex for the chain analyst to decrypt. The people behind most of the mixers are usually anonymous which means they can't be identified even when things go wrong and government agency cannot question how they operate and how they mix coins but casinos can be contacted and if they found out that a person has violate any thing, they will hand over the person identity to them because they mostly ask for KYC.

The government can easily work hand in hand with casino if there is any foul play or any hacker that try to launder money through the casino and they can be easily caught, no serious criminal person will ever look at the casino and want to use it to launder money, they will be trace easily except if there is no KYC and most of the casinos that weren't KYC has become compliant to the government, the have asked their people to undergo a KYC exercise.