Can we still truly achieve anonymous gambling in crypto?

[Fortify]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

You're ultimately going to end up in one of two scenarios when crypto gambling these days. 1) You go with a newer crypto gambling site, where you risk them disappearing into the night with your money if they want to pull an exit scam one day because it is exceptionally hard to start a new casino without substantial backing. or 2) You play at a more regulated crypto gambling site where you might be able to deposit and withdraw up to a certain threshold, let's say $500, without them requiring you to send in any ID. However one day they will likely ask for these in order to satisfy KYC documentation that is present in most countries that you want the casino to be based in. In summary, yes it's quite hard to achieve these days.

[1715296673]

1715296673

[Slow death]

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

Years ago, people were happier with the freedom that cryptocurrencies could give them, especially the ability to stay away from government control. but after some time people started seeing the large numbers of scammers who cheated and stole money from people. Single scam projects, with fake teams were very common things in the cryptocurrency market, the problem with that is that with scam projects that had fake teams it was difficult to convince rich people or institutional investors that this was a very serious market and that they could invest in this market for the market to grow, people also saw scam exchanges like yobit which, despite committing many cases of scams, continued to operate. This is because governments were turning a blind eye to this market

as governments ignored this market, so the number of scam cases were absurd and as time went by people started to understand that it was good for the market for the government to intervene and that's what started to happen, the government started looking at exchanges that they laundered money, then governments punished them and arrested their owners and then governments implemented kyc. it was a necessary measure. I had no other choice. Then governments started looking at online casinos and also introduced KYC and licensing. It is true that having a license does not mean that the casino is honest. but with the license it means that the casino respects government laws and this is of great importance

because if a casino does not have a license to operate, then that casino does not respect the laws created by governments, so that casino should also not force anyone to comply with the casino's TOS because legally that casino is illegal, it is operating in violation of the law, it becomes the casino owner into a criminal. So people should stay away from the casino that is breaking the law because it is being operated without a license, this is no small thing as some people think. An unlicensed casino can be seized by the government and the government does not return money from anyone who has deposited in the seized casino. people should know this

[seoincorporation]

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

The gambling industry has been changing a lot in the past years, as you mentioned, the cool part was when it used to be anonymous, but the regulations came to this industry and now more than 90% of the casinos ask for KYC. But there are some casinos that still operation as the old way.

Crypto casinos and fiat casinos are alike nowadays because both use the same providers, and there are a lot of casinos who accept cryptos and fiat.

[chaser15]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

As long as you are dealing with a centralized gambling platform in crypto-gambling, don't expect full anonymity.

Even as much as how centralized gambling wants full privacy for their users, the regulations are hitting them hard and as part of their business to run legit, they need to comply with everything and users will also have to deal with it.

I don't mind anything about anonymity in my crypto-gambling since what for? As long I'm dealing with a reputable crypto-gambling platform, I don't mind complying with their KYC, of course as long as also it's not annoying and shouldn't be asked for small withdrawals.

[Wexnident]

~

I don't think it's impossible but if you start considering some other things, like a casino being a type of business, it doesn't seem to be that possible anymore. Regulations exist and if you want to serve people in that certain jurisdiction, you have to adopt their laws at some level. Even if you ignore those groups of people, at some point you'd inevitably lose all your users due to all the geo-blocking that countries do.

Not to mention that well, a lot of people would much rather prefer convenience and assurance that the casino they play in is secure and legal than their privacy. A casino that doesn't ask for KYC would most likely adopt it sooner or later so nothing's really that different from a casino that started with KYC in the first place.

[Furious 7]

Now when you want anonymity in gambling it also seems a little troublesome because even though there are still some sites that do that but on the other hand there are now many gambling sites that do require KYC which makes anonymity difficult to do but on the other hand it is also ultimately not without reason because after all when a gambling site or gambling house is formed there will definitely be a license from the government which is certain that there will be demands for KYC now because some gambling sites that are integrated with the government, KYC is always used as one of the conditions to make security more secure besides that this also affects casinos in identifying their players.

Actually for this I don't really care if the site is good regardless of KYC or not I don't really care further because after all there will definitely be provisions that apply when we are already on a site because my goal is to be in an outside casino using crypto not fiat even though anonymity is initially what is sought but there are other factors such as ease of withdrawal because when gambling using fiat sometimes the withdrawal is quite slow.

[Rruchi man]

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

Things have quickly changed in the world of cryptocurrency, so it has affected gambling with it also as well. When there were no concerns about the illegal activities that were been done with bitcoin like money laundering, Casino's could operate freely without KYC. Now that the authorities know that criminals are exploiting their casino accounts and were using it for some sort of illegal activities, Anti Money Laundering laws were formed to tackle it and that involved Casino KYC that challenges anonymity. These laws will not go away, they may even become stricter, and we may see more policies that will further blow out any hope left for anonymity with gambling with crypto.

[serjent05]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

As long as a gambling company acquires a license from the authority, the word anonymous is just a dream since the authority will always require every licensed company to abide with their anti-money laundering regulation and it requires KYC so that they can trace people's financial flows.

Centralized and decentralized casino companies will naturally follow the path of implementing KYC because it is one of the requirement and responsibility in following the AML implementation of the gambling regulatory board.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

The gambling industry has been changing a lot in the past years, as you mentioned, the cool part was when it used to be anonymous, but the regulations came to this industry and now more than 90% of the casinos ask for KYC. But there are some casinos that still operation as the old way.

Crypto casinos and fiat casinos are alike nowadays because both use the same providers, and there are a lot of casinos who accept cryptos and fiat.

As far as I remember gambling industry is already regulated even before crypto casinos were introduced.  Without the license to operate, the casino will eventually shutdown once the government or regulatory board tagged them as illegally operating gambling platform.  We are just lucky that in crypto casinos, many tends to have threshold before they asked for KYC.

[AmoreJaz]

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

Things have quickly changed in the world of cryptocurrency, so it has affected gambling with it also as well. When there were no concerns about the illegal activities that were been done with bitcoin like money laundering, Casino's could operate freely without KYC. Now that the authorities know that criminals are exploiting their casino accounts and were using it for some sort of illegal activities, Anti Money Laundering laws were formed to tackle it and that involved Casino KYC that challenges anonymity. These laws will not go away, they may even become stricter, and we may see more policies that will further blow out any hope left for anonymity with gambling with crypto.

In the early days, casinos didn't have the gambling license to operate, but in today's business, crypto casinos are applying for gambling license in order to compete with other gambling platforms. Hence, they need to abide the protocols set by the authorities towards crypto gambling. I believe, gambling license have been rooted to the fact that a lot of complaints were being received before owed to fly-by-night casinos.

As casino owners want to establish their reputation to the community, they acquire gambling license to show that they are sincere with their intentions to this type of business.

[agustina2]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

Don't hug the anonymity in gambling even if we are in crypto. Don't be afraid of the issue of identity theft as long as you are not complying with KYC on bullshit gambling sites that have obvious characteristics of being a scam and not trustworthy.

There are lots of crypto-gambling sites nowadays that still don't push for KYC. If you are just a casual or average gambler, don't worry at all.

We can still play anonymously on most crypto-gambling sites as in most cases, they only asked KYC if the account was alarmed and doing big withdrawals.

[nelson4lov]

I think by now we should dead the idea of true privacy in gambling because I don't see how it'll get to work. Most of the gamblers today won't place bets on a sportbook or casino if the gambling outfit isn't licensed; forgetting that the owners had to doxx themselves before they could get that to work and one of their requirements for the license would be to identify some, if not all of the players on their platform. I've come to understand that in life, you can't eat your cake and have it. You can't want a licensed/registered casino and expect full anonymity.

If there is a fully anonymous casino, people might exploit it for money laundering purposes. That's not to say all users will use it that way but there would always be bad eggs.

There was an anonymous betting platform on the forum in the early days where you don't have to register. You just place a bet and if won, the money is sent back to receiving address  i think it got shutdown years ago.

[Dave1]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

To be honest, I would say NO, almost all crypto casinos are asking for KYC nowadays, and it's because it's mandated if I'm my memory serves me right. There are casinos who say, NO KYC in the beginning and it's a blatant scam as we have seen them asking for it if you won big.

I think the only difference with fiat casino is that if we get to pass the KYC and approved, withdrawal then is very quick. As most fiat casinos will take time even if your KYC is a green though to deposit your winnings to your account.

[alani123]

Well if being anonymous is something that bothers you with gambling, there's still a few bookies that will take your bets even without needing any personal evidence. But sadly fewer and fewer bookies are willing to do that as the time goes by. For anonymous gambling there still exist more unique games like bustabit for example which never required personal info in the first place. And for poker there's seals with clubs and some other sites.

Sadly though for the full casino experience with reasonable house edge, good odds and having access to most unique games some light for of KYC is needed. This is something most crypto gamblers feel ok with by this point. And it's also a fact that a casino not asking KYC for 99% of its customers could potentially single out a few to ask about it. So it's not too safe when playing casino games.

[mirakal]

As crypto casinos mature, they're starting to resemble fiat casinos more closely. While anonymity was once a big draw, there's now a push for legitimacy and regulation. Still crypto casinos have perks like faster transactions and lower fees plus they offer gambling access to people in places with strict rules or banking limitations. It's a balancing act between regulation and innovation and both crypto and fiat casinos are evolving to meet changing demands and preferences

Crypto casinos still offer its customers outstanding levels of privacy and anonymity, but I guess these days having this anonymity is now being compromised. Simply because they’re starting to become more like centralized so they can still look more ideal for those customers who are looking for highly secured and reputable casinos that can provide them excellent service and security. And that will only happen if those casinos will abide to the rules and regulations made by the legal government.

However, despite of the real purpose of this KYC which is to protect us from the scammers and to maintain the reputation of the casino, I still believe that this could highly trigger our personal identity that will lead to breaking our anonymity. But I think being anonymous is not anymore the biggest concern of the gamblers, but to have fast withdrawals and tight security on their funds so they won’t be compromising their funds once they started putting them in casinos exchanges.

[Asuspawer09]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

I mean if a casino requires KYC I would usually avoid it for sure it's not gonna be wise to give my KYC to some casino that is that from my country for sure, Still I think it is possible to achieve anonymous gambling on crypto gambling platforms, most of the crypto gambling platform doesnt require any kind of KYC and it uses cryptocurrency as a payment making no trace of your information, transactions are recorded for sure in the blockchain, but as long as your careful it is going to be difficult to trace someone with just a address.

Just avoid a crypto gambling casino that requires a KYC i mean if you look at the trusted gambling website here there are a ton of platforms that don't require any kind of KYC.

It was usually going to be a red flag to me if I encountered a gambling website that required KYC in the first place, I believed that there was no need to get this kind of information, not to mention that there are a lot of gambling website out there that has scam cases, its was really popular where online gambling website is up to a scheme, so I wouldn't give KYC to any platform because it can be used to illegal activities if you give it to them, you don't know they might be selling your data, you never know, let just say that it wasn't worth it taking that risk.

Gambling Tons of trusted website here plus your getting a good support if they are here in the future, not to mention most of them doesn't required KYC.

[danherbias07]

We have seen the scary part when it comes to being anonymous, business owners closing down like they don't even care about those who invested with them. Scam attempts, fake bankruptcy, and more.
You could say many cryptocurrency enthusiasts have been sick of this kind of strategy hiding in the feature of "anonymity" just to make their business more attractive to crypto users. Those in this forum already know that.

There's really no harm in using the popular casinos now. And we can still use our cryptocurrencies but we have to abide by the KYC needed for the safety of both ends. To keep their business against harmful events like money laundering and us to gain wider access to their promotions and other features.
It's a win-win situation as long as the gambling site is reputable.
No, I don't think we are going to achieve anonymous gambling even in the next eras to come, if we did there's higher risk glued into it.

[Saisher]

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

We all have different opinions on this, but my opinion is we are doing ok the community prefers compliance to regulators than complete anonymity, this is to protect the platform where we are playing and to protect the gamblers from being scammed.
The Crypto casino has a different setup from all Cryptocurrency concepts they need to be compliant because of the amount of money going in and out like the exchange and they need to be compliant in countries where they allow their players to use their platform.
So we are doing good because of the regulation to protect players and the gambling platform.

[o48o]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

Imho we have lost the battle on anonymity. but we can win the battle on selective privacy, decentralzation and zero-knowledge KYC solution. So instead of anonymity, we have confidential transactions and ability to prove we have compliant ids to their ToS, without revealing who we are. As with ZK it's possible to audit wallets and persons without revealing social security number or address for example. ZK KYC would make it possible to comply with regulations in a way we haven't tried yet, but we soon will.

This idea of "full privacy" is pretty much gone with AML, at least with big amounts of money/crypto. Casinos that would try to get around it would soon be pointless as any crypto that would get trough them would would just get flagged. We aren't that far yet, and these rules only apply with large amounts. As it would be impractical to try to follow every little transactions.

[Plaguedeath]

Can a casino platform ever be open source? Believe I have seen templates used and they just change the name of the site and they are off & running and business begins coming in.
Monero had something happen to it a couple of months ago. Something to do with the developers. It caused the value to drop suddenly for the altcoin.
So not too certain a developing casino would want to support a coin if it starts to show any sort of problems to do with it's development team.

That's why we don't see any anonymous casino until now, even it exist, I don't believe it will be successful. It's the risk of the developer if they make the source to public, don't be surprised we will see people are saying anonymous casino is scam (because the scammer copy paste the source code).

Since casino is profit oriented business, all they do is looking to earn money instead of focusing to deliver an unique project that high unlikely will not bring any profit.

[Z390]

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casinos?

This sounds like a joke to me, using crypto to gain full privacy? How is that ever going to work when the majority of those crypto coins are not baked as privacy coins? If you truly want privacy then start looking for online casinos that accept Monero (XMR), this is the only crypto project thats really privacy/anonymous baked, others aren't.

I don't believe that no gambling platforms have true anonymity, all of them are centralized businesses they can only pretend to offer decentralized operation but that's not completely true.
I will advise fellow gamblers to stop looking for decentralized casinos online, they should be ready to pass KYC on any online casinos they want to use and they must always go through the casino's Terms and conditions, some might restrict your location and some might frown using VPN, you don't want to find this out after breaking the rules.