Quote from: TheUltraElite on Today at 07:19:49 AM

Quote from: Pandu Geddon on May 11, 2024, 04:26:36 AM

there is a gap left by casinos in the past that did not require KYC. and it is exploited by people today to carry out criminal acts such as money laundering.
Of course, it is also uncomfortable for the casino when their platform is used to commit crimes and if it is publicized by the government that handles certain cases, it could be bad for the casino's name.

Casinos play it safe, they dont want trouble from the governments and they dont want criminals to use their site as an intermediary.

yeah , there are tons of issues back in the days that gambling sites being used as medium for money laundering

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So they allow people to run without KYC on signup because they want more people to get into the habit of gambling but when a certain trigger is met, the account gets flagged for KYC/AML procedures.

and that is the part that i believe they are trapping players because in withdrawal the will force you to provide KYC lol.

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They are only saving their business and to keep it running they do these things. It is here to stay and it is better players get used to it.

they are saving business but also taking advantage of the people in time of they need to take out their money .