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?
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?
Some newer casinos might use the latest security standards since they’re just starting out, while the older ones might already have proven systems in place (or maybe outdated ones). At the end of the day, we’re handing over sensitive information like IDs, addresses, and banking details.
So what do you guys think, are established casinos really more trustworthy with our KYC data, or should we treat all of them with the same level of caution?
We are definitely safer with the old, established ones but that doesn't mean that we can't or shouldn't trust a newer platforms. Usually, old platforms, especially those with high reputation, do not care too much about promotions and exclusive offers because they are doing very well but this is the moment when new casinos shine, i.e. there is a big chance you'll get a very good deal and promotions from a new casinos because they have to attract customers. Also, a newer casinos might have a better UI than older ones because new casinos create the product from scratch while old ones try to maintain and improve what they have. Old casinos can't make a significant UI change because it will affect the experience of their current userbase while new casinos can create a completely new user interface.