Regulators Are Concerned About How Crypto Casinos Expose Users to Harm
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Most states are yet to approve online casino gambling. Regulators are concerned about how crypto casinos expose users to harm.
Regulators are concerned about the security of users in crypto casinos. Many problem gamblers enjoy using them because of the superficial regulations. Some casinos allow players to register only using their emails. An anonymous gambling addict was cured of his addiction before he started using cryptocurrencies.
Crypto casinos easily avoid regulations and operate without a license. Internet celebrities and journals are promoting the best crypto casinos. Most websites prohibit US citizens from playing and few do background checks on their customers. VPN software complicates things further as it helps punters to avoid having their online activity followed. Online gambling doesn't seem to have ties with a greater crime network. Regulators are concerned about how the industry will be tackled as the market matures.
