If they had adequate verification on ALL stake account this wouldn't occur. Simple. But they don't because they are making a ton of money from clients they otherwise wouldn't have betting from unlicensed jurisdictions. Don't have to be a rocket scientist.
Do you know Stakes updated their TOS recently? According to ryzaddit Now, new players must verify KYC before playing.
New account now need to "KYC".
They change the rules for this-case, so even before you play I guess need to passed some "KYC" first. It's being change for new account, old account still can withdraw or access without "KYC" but they can ask you any KYC.
From now on, Players from restricted regions won't be able to play on their website. So, the claim is not 100% true. They don't want to make money from restricted players. I don't think every casino verifies their player KYC before a player starts playing on their casino. That doesn't mean the casino want to steal money from those players. People who have an Stake account and are from the restricted region can trigger KYC anytime. They should not play if they are from restricted region.
You’re wrong mate- I know many people still playing from restricted regions- stake are going to lose their license in no time, I guarantee you.