Do you think casinos can stop demanding KYC?

[bakasabo]

Those who hope that casinos will stop asking to pass KYC, how do you thing you are going to benefit from that? I really have huge doubts, that when there will be no KYC, people would rush to gamble. Only those who use VPN or other methods to access casinos will have a slightly easier access to casinos. I dont think that many gamblers have a "special addresses with shady crypto", and as soon as there will be no KYC, they will immediately run to make deposits and gamble. From that, I think that we wont get much from KYC-less casinos, and casinos will not stop asking for it.

[Stalker22]

Those who hope that casinos will stop asking to pass KYC, how do you thing you are going to benefit from that? I really have huge doubts, that when there will be no KYC, people would rush to gamble. Only those who use VPN or other methods to access casinos will have a slightly easier access to casinos. I dont think that many gamblers have a "special addresses with shady crypto", and as soon as there will be no KYC, they will immediately run to make deposits and gamble. From that, I think that we wont get much from KYC-less casinos, and casinos will not stop asking for it.

With less rules around sharing personal info, more casual or hesitant players can access gambling sites.  This gives gamblers additional options - specifically those in strict regulatory regions uncomfortable submitting documents or details and  though shady methods do exist, no-kyc simply eliminates obstacles for some.  Ultimately it brings in folks avoiding traditional verification methods and expands the player pool.

[Blitzboy]

their is no casino platform that does not request for KYC-verification and they are demanding for that due to they wants government to be free from them, because sometimes they seems their customers like people who might commit crime and fund the part of their crime finance into casino website accounts,  so I think that's one of things casino website or teams of people who is establishing in casino website to always engage in such act, I know quit well that casino always be demanding of casino before funding accounts or after you have won and then will tell you to have done your KYC-before you can have access to your funds.

Casino doesn't wants to break the rules from the government so they applying KYC for their members as the requirement to playing gambling in their place. Casino does that because casino doesn't wants to gets any problem from the illegal things that can occurs in their place. Gamblers must understand about this and can search for the right casino for them because gamblers doesn't have to playing gambling in the casino that they don't like.

People who commit crime and hide themselves from casino or government because they can use fake document to verify their account. That's why casino really carefully to verifying the document from their members and doesn't want to make a mistake. That's why casino needs time before they approves their members to be their verified members in their place.

They're strictly regulated for good cause. KYC goes beyond red tape. For safety, security, and cleanliness. Money laundering is severe. It destroys life. Nobody wants that.

There are rules. Checks exist. It keeps the bad guys out and protects honest people who want to have fun. Just simple sense. Gamblers must know this. Its not enough to select a casino with the most lights or loosest slots. Finding one who follows the rules. Thats how you know you're safe, your money's safe, and you wont get into trouble. Being clever and responsible. Only that way can you play.

I've seen a lot. I've dealt with big rollers and small-timers. The finest gamblers, the winners, know the game. The regulations are known and respected. They dont gripe. They win large by playing smart and fair. Do things that way. Support KYC. Support rules. It keeps casinos honest, players protected, and the game powerful. Win-win for everyone. Dont only think about money. Doing things right matters. Such a plan always wins.

[Distinctin]

Those who hope that casinos will stop asking to pass KYC, how do you thing you are going to benefit from that? I really have huge doubts, that when there will be no KYC, people would rush to gamble. Only those who use VPN or other methods to access casinos will have a slightly easier access to casinos. I dont think that many gamblers have a "special addresses with shady crypto", and as soon as there will be no KYC, they will immediately run to make deposits and gamble. From that, I think that we wont get much from KYC-less casinos, and casinos will not stop asking for it.

With less rules around sharing personal info, more casual or hesitant players can access gambling sites.  This gives gamblers additional options - specifically those in strict regulatory regions uncomfortable submitting documents or details and  though shady methods do exist, no-kyc simply eliminates obstacles for some.  Ultimately it brings in folks avoiding traditional verification methods and expands the player pool.

The increase of gamblers using KYC platform casinos will still exist if every casino is required to implement KYC. Let's admit the fact that things have really changed a lot compared to the early stages of crypto. As we notice now, when a casino makes an announcement in the forum, people tend to ask, "Where is your license?" With that kind of question, it seems like they are already aware that casinos without KYC are likely to scam gamblers, so the risk is high.

[ethereumhunter]

Alot of people will use casino for laundering of money and other illegal activities if KYC are being removed. Kyc have stopped criminals from receiving money through casinos therefore KYC should not be stop from casinos. If you are not hiding anything, you will not be afraid of doing KYC on casino. The only fear is for the casino selling our KYC to others but if the casinos are being honest and they are going to protect our informations, I do not see any problem with completing my KYC. There are some decentralized casino that if you do not like completing your KYC on centralized exchange then you can use the decentralized ones for gambling. Casino are becoming strict with their KYC demand because the government are asking them to do that or they will lose their licence and they do not want to lose them.

That's why casino doesn't want to removed KYC for their members because KYC can help casino to check their member's background so they will not worry with anything especially if there are an audit comes from the government. Criminals should use the other ways and not trying to use casino with strict rules to launder their money or use it for other illegal things because casino now been monitored by the government.

When we want to do KYC, we must ensure that we do in the right casino that can protect our data from the hacker. We must search for the casino that have reputation so we will not feels worry with anything bad especially if casino selling our KYC to other third party because chance can happens. If we don't want to do KYC, we must search for casino that doesn't have strict rules so we can playing gambling but we must limits our money and time.

[Questat]

That's why casino doesn't want to removed KYC for their members because KYC can help casino to check their member's background so they will not worry with anything especially if there are an audit comes from the government. [..]

It's not them but the government that requires the implementation of KYC. If there was no mandate by the government requiring it, they wouldn't mind accepting gamblers on their platform even without KYC, as that would be easier for them and they could easily attract gamblers. However, as the AMLC is strict in doing its job, they want to prevent or minimize money laundering by criminals, and KYC is just a basic implementation they need in order to trace the transaction's owner and its origin, of course.

[danherbias07]

That's why casino doesn't want to removed KYC for their members because KYC can help casino to check their member's background so they will not worry with anything especially if there are an audit comes from the government. [..]

It's not them but the government that requires the implementation of KYC. If there was no mandate by the government requiring it, they wouldn't mind accepting gamblers on their platform even without KYC, as that would be easier for them and they could easily attract gamblers. However, as the AMLC is strict in doing its job, they want to prevent or minimize money laundering by criminals, and KYC is just a basic implementation they need in order to trace the transaction's owner and its origin, of course.

Yes, that is the basics of it. Money laundering is well known to be done in casinos and other gambling places and online gambling sites cannot get away from that too. It's the easiest way to wash the money without even spending too much. I think the wagering requirement does help a lot too. Even if there's no KYC as long as one gambling site is strict with the rules about the wagering requirements, syndicates who are trying to wash the money will not go in it because it will take time before they reach a large amount of wager before they can withdraw the money. Money laundering won't do small amounts so they will be risking a lot of money to gamble before they can even withdraw.

[ethereumhunter]

It's not them but the government that requires the implementation of KYC. If there was no mandate by the government requiring it, they wouldn't mind accepting gamblers on their platform even without KYC, as that would be easier for them and they could easily attract gamblers. However, as the AMLC is strict in doing its job, they want to prevent or minimize money laundering by criminals, and KYC is just a basic implementation they need in order to trace the transaction's owner and its origin, of course.

Yes, it's from the government but casino see a chance for them to know their members by asking KYC to their members so casino can check all of their members. Casino will only follow the regulation from the government and wants to safe their business and apply KYC for their members. With KYC, casino can check their members and if they found any suspicious thing, they can investigate immediately and report it to the government.

Casino can block their member temporary while the investigation and make everything is clear before they allow their members can back to playing gambling in their place. Casino wants to prevent the money laundering in their place and using KYC, they can know where the money flow so casino can do something if their members do an illegal thing in their place.

[mammusu]

That's why casino doesn't want to removed KYC for their members because KYC can help casino to check their member's background so they will not worry with anything especially if there are an audit comes from the government.]

After the rampant money laundering carried out and account hacking by other parties, it has triggered casino platforms to implement KYC as a form of protection for their members. Maybe without KYC it will be easy to attract many people to join as members, but when problems occur it will only destroy the credibility of the gambling platform will be, usually gambling platforms that do have government permission to carry out their activities still have to comply with existing regulations including the application of KYC in register new accounts, in my opinion the application of kyc should remain a special requirement for gambling in order to avoid further risk is related to money laundering and audits from the government, apart from that, with KYC, gambling platforms can prevent gamblers under 18 years of age from registered as members, KyC does seem like a burden but it Is an important step to maintain security and also the integrity of the gambling platform from problems from the government that might occur.

[SmartGold01]

Those who hope that casinos will stop asking to pass KYC, how do you thing you are going to benefit from that? I really have huge doubts, that when there will be no KYC, people would rush to gamble. Only those who use VPN or other methods to access casinos will have a slightly easier access to casinos. I dont think that many gamblers have a "special addresses with shady crypto", and as soon as there will be no KYC, they will immediately run to make deposits and gamble. From that, I think that we wont get much from KYC-less casinos, and casinos will not stop asking for it.

But what is the need being afraid to pass kyc if the casino request for it or does it mean that their fund is illegal or from a shady site maybe where they scammed people?
No! To me whom ever that has the mind to go gamble should be able to release their details to gamble because that is the only such person could be track and know their ways about, thus I know that the end part could be dangerous where casinos may likely used our personal information for their evil deals and maybe put us into problems at the later ends.