I’ve been wondering about this.. when we submit our KYC documents to online casinos, are we actually safer with the old, established ones compared to the newer platforms?
In some cases I think the established one is more safe than a newly launched platform or casinos, because the established one have been thier for some years if not decade and is due to the fact that they're safe and trusted that made such platform to be in existence till date. Because if they're not safe those set of people that discovered that would have make the information go viral in the social media so as for people to be careful with such platform, the reason why a newly launched platform is not that safe is because we don't really know their goal, maybe thier goal might be just to operate for like 4 to 5 months maybe before then they must have archive thier goal and just dump it.
Both types usually claim to be licensed and regulated, but the question is -- does having more years in the industry really mean they handle our data better? Or are we just assuming that because they’ve built a reputation?
Well since change is constant I would say that having more years in the industry does not guarantee any trust, because some day they might choose to do something that you don't intend. Even though some platforms is still in existence till today yet people have not speak about lack of trust, even as that we also need to be careful with the kind of
informationdocuments we give to them.