But in terms of licensed casinos, you are most likely spending more here since you also need to comply with taxes.
Taxes do not depend on whether you play at a licensed casino or not. Here everyone decides whether to pay taxes or not. There are also countries where there are serious tax breaks on income earned in casinos.
The main thing is to avoid the casino where you are required to pass the KYC.
Personally I feel more comfortable to provide documents for the KYC. if you have money or crypto, and have nothing to hide, then I do not see the problem with it.
When i gamble online, i also want to know who the casino is and if everything is legit.
If you care about your documents, I think you don't have to send your documents to that gambling website because we don't know if they can protect our documents, although that site is legit. With so many gambling sites that don't require KYC, we can select one of that site to play gambling, and we can feel safe from the hack. We need to aware of the hacking that happens to many websites because we don't know what will happen in the future. Our responsibility is to protect our documents and don't give them to the third party that we don't know.