By setting a mandatory KYC on their platform they are following the regulations from the government as well as selling this data to other companies for money.
Governments are keeping these regulations for AML but may be exchanges and casinos are using this KYC data for their benefit as well.
We can never know the hidden truth behind this.
Well, I don't know about casino sites but I know the fact that there are companies that sell their KYC data to others.
Other companies use this data and calls you with their advertisements. There are also websites which sells their customer data to other companies.
Other companies then show you targeted ads and promotions. Both of this can be possible by casino sites as well.
But yeah you have a point too. Only give your KYC information to platforms which you trust.
Well, seeing that all this can lead to a big problem, it is evident that people look for what is only for money, I am surprised that a person wants to risk everything by buying documents just to pass a KYC, I appreciate that it is not something very Unintelligent, because in case the casino implements quite radical security like Binance does, if you are making a transfer or even a large withdrawal, they ask you to take a picture of yourself right there as you are so they can do it. verify through their algorithms or smart technology, each platform has its methods, I would not risk it, to be honest in these cases where a lot of money is involved, I would prefer to do things well and legally.
This dfel KYC has been a very hot topic lately, not only here in Duelbits but almost in all the casinos of the forum, now that they have gotten worse with the KYC they have complained much more and it is becoming a somewhat big problem, regarding the Duelbtis I have never had a problem with them, their KYC is not so radical, I think it is normal, if we go to other casinos they have more KYC requirements, there are even some that have prohibited countries, which becomes a bigger problem, then seeing that here the KYC is not so demanding, but in cases that can turn out to be suspicious, I don't see it at all wrong, of course, I respect the decision of each player that they want to be anonymous.