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Quote from: virasog on October 09, 2023, 07:35:18 AM

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Usually, casinos will ask gamblers to do KYC if they want to withdraw large amounts of money. Especially if they never or rarely withdraw large amounts of money. You've written down what gamblers need to do if they want to do something other than KYC. But they must be ready for KYC if necessary because there is a possibility that every casino will ask its users to do KYC in the future.

And since gambling is entertainment, we also don't need to play with a lot of money. And if we win a big amount, we can use it to play for a while and withdraw the winning money.

No the thing is that, as an AML compliance rule for financial licensing, any funds into a personal account which go above $5000 must have to go through verifications and at that at some point a gambler who's transactions go above the threshold will be prompted to go through kyc and an anti-money laundering measures, there is no two ways to that and at such you have to go through with that or operate within the set limits that are set by various casinos and other financial service providers.

This is true for every nominal amount of incoming or outgoing funds that exceeds the normal limit verification will be asked for or if not every transaction with that amount will be cancelled.
This kind of thing applies to all casinos in existence and I think there are some gamblers who might be put off by rule like this because some of them are not aware of it from the start.
Indeed once it becomes policy no gambler can skip it freely and inevitably they are obliged to complete the verification requested by the casino.

and the casino has all the rights to ask such , they can even cancel your withdrawal at any time specially when the system finds your withdraws with abnormalities or your account activities.
and another thing is the abuse cheating that mostly the reason for this casino action , though there are also casino sites that abuses their power for those who have no understanding how to run against them when there is irregularities .

I think that fraud in its purest form and measures to combat fraud when withdrawing funds from the casino to your account are only the second most important reason for the casino to require you to verify the KYC procedure.
But we, the players, are told that this is their primary responsibility. But, of course, this is not true. In the first place in this matter, of course, is the casino’s concern for its own normal and problem-free operation and their compliance with the rules established by local laws and regulators, which require KYC. And carrying out this procedure is necessary to control the income of the population and identify rich people receiving income hidden from taxation. In my opinion, this is the real reason for all these casino requirements for passing KYC in case of withdrawal of some fairly large amounts from your deposit at the casino. And sometimes they demand even when the amounts are not so large. I have no doubt that the vast majority of casinos provide data on large withdrawals to authorized financial authorities.
Otherwise, they will simply be closed by administrative measures.