Some Random Thoughts on KYC and Non-KYC

[viljy]

Then, if the casino has any questions for you, it will not be a surprise.

They may be forced by 3rd parties  ^{for instance some government surveillance agencies} to question you and dox your identity. Thus, I always suspicious about such questioning and immediately leave such casino at any KYC attempt ^{noticed by me} from their part. No-KYC casino preserve my freedom while those ones that requires KYC may result in the use of my personal data for the illicit activity.

Well, you can do this, of course, in any case, but often a situation where a casino requires identification occurs if you have won a large amount. And then, in order to receive this money, you will have to fulfill the requirements of the casino. As I wrote above, the reasons for such requirements may be different. Maybe this is done at the request of the laws, or maybe in order to create difficulties for the client in order not to pay him money. Anyway, people play to win, and in order to simply refuse to win because of the KYC requirement, there must be very good reasons.

[dansus021]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

Here that I found on the internet that you can read more here https://www.idnow.io/blog/importance-of-kyc-in-online-casinos/

"What is KYC in online casinos, and why do gambling operators need it?
Know Your Customer (KYC) is a process used by online casinos and other online gambling platforms to:
Verify the age and identities of customers
Ascertain whether identity documents are legit
Detect risk factors, such as problem gambling (gambling addiction, affordability issues).  
KYC is an essential part of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations in many countries. Adhering to these regulations protects operators from reputational or monetary risks, and safeguards customers and national economies.

Besides preventing fraud and guaranteeing compliance with age restrictions, KYC helps operators ensure responsible gambling measures and filter out problem gamblers. By monitoring customers’ gambling activity and evaluating their spending patterns, operators can identify those at risk of developing gambling problems, such as gambling addiction. "

So it like mandatory for casino based on many things, and if you asked me Are there really no KYC casinos? I do believe yes

I think there are ton of online casino that dont mandatory KYC but as they get big and regulation / government start to notice they would be get sanctioned and put KYC on their site.

[Cointxz]

So it like mandatory for casino based on many things, and if you asked me Are there really no KYC casinos? I do believe yes

You can consider decentralized casino as casino that doesn’t have KYC since they are not regulated. There’s still a lot of casino that doesn’t have mandatory KYC however most of the popular brand already have mandatory KYC due to tightening of regulations as the business is already expanding and at the same time crypto is widely acknowledged as a currency.

[Fivestar4everMVP]

Are there really no KYC casinos? Or do people confuse casinos that don't make KYC mandatory upon sign as non KYC when in fact when you read their Terms of service, there is a section that mentions that they can randomly ask for identification if they smell rat? I also think that unless it is stated clearly that non-KYC, don't assume it is. I am not for or against KYC or non-KYC casinos, it is just a curious question that I want to be discussed and get the opinions of others.
Thank you.

Well, very good observation really, I understand that it's been a while since you started this thread/discussion, but then again, I also assume that it's not too late to contribute to it, especially for someone just coming around for the very first time.

If you ask me, I did just say that we should just come to the conclusion that there are really no No-KYC casinos anymore, especially if the casino we are looking at is a centralized casino, whether they own an operating license or not, just believe that they are kyc complaint and have your guide on and be ready for the day they may arise and demand kyc verification.
Saying this because, from the time I've been on this forum and till date, alot of casinos have passed through this forum, some claim to be non kyc casinos but today, they are no where to be found, while others that still manage to exist today are now fully complaint kyc casinos.

So, I think the trick most new casinos use to attract players is the non-kyc stuff, most gamblers hate kyc, and because of this, they jump on any casino that comes around to claim they are a No-KYC casino, even without reading their terms and conditions first.

[YOSHIE]

Some Random Thoughts on KYC and Non-KYC

For this reason, don't do anything strange when you carry out gambling activities at online casinos. For me, casinos determine KYC or not, it's the same, if they suspect a particular user they will not process KYC for that user, Likewise with casinos that don't have KYC, if they want to do anything they can do, the user still loses.

If you think casinos are a place to get rich and put all your money in the casino and gamble until you die, that's totally wrong.
So that you don't have problems with the KYC system and can always make normal gambling withdrawals, Don't be greedy and bet as usual, if you win you won't be suspected so you are safe.

On average, online casinos don't mention KYC, but the KYC rules are built in, where visitors are not shown KYC when they win normally and small, but if they win big the KYC comes out, that's when problems start to appear at the same time, but not all casinos are bad, there are also those that are responsible, even though they don't require KYC in the first place.

[freedomgo]

You can consider decentralized casino as casino that doesn’t have KYC since they are not regulated.

Obviously, by their very nature, decentralized casinos shouldn’t even have the authority to implement KYC. But the discussion isn’t really about them because, despite their appeal, they often can’t offer popular games or attract a large number of gamblers.

There’s still a lot of casino that doesn’t have mandatory KYC however most of the popular brand already have mandatory KYC due to tightening of regulations as the business is already expanding and at the same time crypto is widely acknowledged as a currency.

I’ve gambled in different casinos, and most didn’t require KYC, which made the experience feel much more comfortable. However, with the recent news that some casinos are now enforcing compulsory KYC, it’s a bit concerning. It raises the possibility that even those casinos that have been lax about KYC might eventually start implementing it if regulatory pressure increases. At the very least, we should be prepared for this change, it seems like the trend is heading toward stricter compliance across the board.

[danherbias07]

Then, if the casino has any questions for you, it will not be a surprise.

They may be forced by 3rd parties  ^{for instance some government surveillance agencies} to question you and dox your identity. Thus, I always suspicious about such questioning and immediately leave such casino at any KYC attempt ^{noticed by me} from their part. No-KYC casino preserve my freedom while those ones that requires KYC may result in the use of my personal data for the illicit activity.

Well, you can do this, of course, in any case, but often a situation where a casino requires identification occurs if you have won a large amount. And then, in order to receive this money, you will have to fulfill the requirements of the casino. As I wrote above, the reasons for such requirements may be different. Maybe this is done at the request of the laws, or maybe in order to create difficulties for the client in order not to pay him money. Anyway, people play to win, and in order to simply refuse to win because of the KYC requirement, there must be very good reasons.

It's for the security of both ends, the online casino's end and the gambler's end. It's not like KYC is something that the online casinos want us to do but because they are forced to apply the mandatory because the government where they are under requires it too. Simply put, they may stop continuing their business if they don't follow the rules.
So a KYC requirement can also mean that the online casino is a legitimate one but I am not saying we should stop there. Let's also look at different angles to say an online casino is really reputable.

[TopTort777]

I’ve gambled in different casinos, and most didn’t require KYC, which made the experience feel much more comfortable.

I also dont clearly understand why KYC and gambling is such a harsh problem, that everyone must leave a comment how he is against KYC and worried about the future. I have been gambling in different casinos as well, and the last time I was asked to pass KYC was when ICO were popular and some require KYC to get tokens. In one casino I have an account that is almost 5 years old, I've been gambling there nearly weekly and still hasnt attracted any extra attention from them.