Still on the case, if the punishment of accounts blocking is the price that ignoramus and stubborn gamblers has to pay, what does the casino do with such money after then? Do they convert the money for themselves or they have an authority they pay such money to?
They will consider these confiscated funds as part of their profit. Some unscrupulous casinos manipulate their terms so they will have a reason to block the player's account and confiscate their money, so again, its very important not to give casinos a chance to block your account and confiscate your money. by following their terms to the letter and always play clean, casinos can always track all your action.