I’ve noticed some scam accusation posts against certain casinos, and there seems to be a trend here.
Some casinos advertise themselves as KYC-free, but the moment you win big, that’s when they suddenly put all the requirements on you. And it’s not just basic KYC, they ask for heavy documents like passports, and some even request bank account details.
So I’m wondering, is this really a legal safeguard, or are they just using it as their own policy to forfeit players’ winnings?
This is actually a serious concern. Most of us might not have reached that level yet, but what if one day we do hit it big and end up facing the same situation?
It could be an excuse to delay the winners and to see if the scammy casino would find a valid grounds to not credit the winnings of their winner. Lots of scam casino did this from the past and even if we already provide those documents they ask still they didn't release the funds and turn down those valid request done by their gamblers.
But there are for compliance and verification. We can notice it after we submit our documents and they release the funds after we are cleared with those documents they required.
That's why picking reputable casino is the best thing to do, so that we can avoid this kind of troubles.