Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site
- As the customer provided us with definitively falsified information, we suggested they reach out to Curacao Egaming - with whom we hold a licence - for assistance. This is the correct escalation for any player issues.
There is very easy solution to this KYC thingy, enforce KYC on sign up. That is what gambling sites in EU are doing lately because of new AML regulation.
But I don't think you will do that because you will very likely lose 99% of people gambling on your site.
Most of the traffic which go to their site are from American citizens who just use a vpn or some other way to access their site. They probably only withdraw a couple of hundred dollars anyways less than $500 in winnings so they fly under the radar. Or cloudbet just dont care to enforce their terms of service for these small time gamblers.
If it were 1btc and above by just looking at the cases on askgamblers for them then they start to question these gamblers where their from and where their withdrawals are going too.