Post
Topic
Board Gambling discussion
Re: Do you think casinos can stop demanding KYC?
by
wtsimis
on 18/06/2024, 16:54:34 UTC
It is highly unlikely that various casinos will stop claiming KYC procedures. Because regulatory requirements aimed at preventing money laundering, fraud and other financial crimes are unlikely to stop it. Casinos are required to verify the identity of their patrons and ensure compliance with the law. So that it can provide complete protection against illegal activities. All of these issues are troublesome for the customer but are an essential part of the casino industry to maintain security.