Post
Topic
Board Gambling discussion
Re: Where Will It Go If The Money Comes From Illegal Source
by
Ever-young
on 18/05/2024, 15:09:34 UTC
Part of casinos' terms of service is banning your account if you cannot justify your source of income or they think it comes from an illegal source, so if a casino bans your account. You have 6 digits in your account; where will the money go, and do they have the right to keep the money? There is no provision; I read they will turn over the money to the authorities.

Is it legal for casinos to keep the money?

This discussion is based on a question of our bro seoincorporation

Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?

Let's have an open conversation on this



In my own opinion, I will keep the money because to have money now is very hard, so anyway the money comes from, I will keep and use it to give to the less privilege or to those I know that needs helps and our government or none of the authorities are helping, I will give to them, I will just make sure I spend the money wisely but not to myself alone, I will make sure others also benefit from it too, I can't take the money to the authorities because they will also take half or might even share it among themselves meanwhile they don't know how the money was gotten from, maybe illegally or legally, they don't care and you want me to give to them, I can't.