Post
Topic
Board Gambling discussion
Re: Money laundering in crypto casino
by
satscraper
on 27/12/2024, 14:35:50 UTC
In my view there is no such kind of  threat  for casinos that    adhere to the strict AML policy backed by legal and approved  software  which perform AML screening of casinos' customers and have the relevant licences from government. Commonly the fee for such licences are high enough so such casinos are valuable sources  for pumping up the budget of the given country.
I don’t think there’s any special software that’s excessively costly for casinos to combat money laundering.

Not a bit. Such special software do exist, casinos do utilize it and as this article states "it’s essential in today’s world". There are number  IT companies DYOR,  Alessa one of them that are focused on the  development of the relevant soft for casinos. Regarding the cost of AML relevant operations, it is greatly reduced for those casinos that rely on specialized software  rather than on hand-tight-AML.