Post
Topic
Board Gambling discussion
Re: Are no KYC casinos taking risks?
by
alastantiger
on 22/09/2023, 20:23:08 UTC
Do you think your casino can be regulated without the AML policy? The requirements says it's all, so is it possible that those casinos doing their no KYC stuffs are not even registered? 
It is only an unregistered and an unlicensed casino that will not be concerned about asking for KYC because they know that there is really no consequences for it. They are not bound by any law. Most of these online casinos operate offshore where they can hide their other clandenstine activities which includes money laundering.As a result, they evade the authorities which creates significant risks for both players and the broader financial system.