Post
Topic
Board Gambling
Re: Information of Crypto Casinos License and KYC requirements
by
Sirait
on 05/02/2022, 10:01:56 UTC
cut

If you've not directly dealt with casino daily operations, it might be hard to understand why they take KYC seriously.

They're there to make sure some underaged kid which shouldn't be gambling in the first place to bring back a huge sum that would be problematic, given he or she is below the legal requirement.

And then there's some people that prefer to whitewash their stolen funds.

Nobody wants to be (in)directly involved in someone else's dirty affairs.
it's a great table. to be honest the pros and cons of KYC will continue to emerge, many support, many also reject but from my personal perception, I support what you say. KYC is great for preventing minors from gambling as well as deterring money launderers, I hope we can all respect the rules made by a gambling site because they want to do business in the long term.