Post
Topic
Board Gambling discussion
Re: Do you think casinos can stop demanding KYC?
by
Onyeeze
on 23/05/2024, 07:37:39 UTC
Casinos existed without the need for KYC's until the government made it a requirement, and they started demanding it. IMO If the government no longer requires casinos to do KYC verification for new gamblers, casinos will go ahead and still do KYC verifications because they have seen the benefits of knowing their customers better than when they just allowed people to come onto their platform and gamble without their knowledge of who they were. What do you think? Do you think some casino's will revert back to non-KYC and allow money launderers, plus other fraudulent people have their easy way with them as a way to attract customers, or since they recognize the personal benefits of KYC to their casino, will continue demanding it even if it affects their customers?
the objective of kyc is not for government is to be assure of the particular account so that they will not be commitment of any site fraud with the such a particular account government cannot demand for kyc verification of any account it is that particular platform that will demand for it because they know actually what is their target and there are selective to know people who want to patronize them I think about it should be the essence of having a kyc
kyc verification is very important to any platform that this with the casino sometimes to form casino platforms does not really the mind focusing on both for me it will be preferable and the understanding for we to have done our kyc verification for any platform that we are into especially casino because I understand that casino platforms uses the avenue of not being verified your account to come against their participant mostly some casino platforms that have the mindset of scamming people so we should set government aside of being verified in any platform because any casino platform how plans of what they want.