Together with the ending of their signature campaign, there are less posts in this announcement thread and without active marketing, forum members usually will try to find other casinos to bet and wager. The restricted list is another big reason because no people want to bypass the restriction and get problems with their accounts and funds later.
Their representative account
CasinoPunkz was not active since February while the last updating post was in
December 2025.
We have 1000s casinos, new ones created every day, and some supporting the bitcointalk community until this day. It is easy to move on to a casino that is currently present here with an active strategy, giving bonuses and marketing money to the community.

Unless they are super different, have really good bonuses or you really like an original game they have, then there is no real reason to not move on to a new casino. Many people here use the signature of a casino and the least they can do is give it a chance so the marketing funds are not spent in vain.
One of the reasons could be because they have a massive list of countries whose residents are banned from using their platform. Among the casinos I have ever come across, I think they and Betpanda have the biggest lists.
I wanted to play at punkz so bad but didn't want to risk having my funds blocked since my country was banned. I guess the same applies to a significant number of members.
Without KYC is this a problem? You can just use a VPN if you really want to play. Unless the NO KYC tag is a lie and they can demand documents which will result in your funds blocked