
Originally Posted by
player-72
Minivegas casinos are back on the accredited casinos list.Last time i played at Grand Hotel casino on august 2007.I deposited via neteller and won about 2500 euro.Graqnd hotel don`t paid pay me back my winnings to my neteller account.I received my winnings to my bank account.Is neteller withdrawal option available now?Are they paying now back to neteller?
In order to have done this, they must have your bank details from somewhere. This is still rather odd though, as this could actually HELP money laundering activities, since the main aim of money launderers is to get the money out by a means other than that used to deposit.
I get the feeling casinos are making it up as they go along, as a different casino will do just the opposite, and again claim it is to "prevent money laundering activities". They can't BOTH be right
MiniVegas would be vulnerable here if either the Neteller account or Bank account were "stolen". Further, funds from stolen credit cards would go back to either. Putting the funds into a bank account is more "money launderer friendly" than shoving it back to a Neteller account, where it still has to be moved to a bank account before it becomes "fully laundered".
Naturally, this gives the impression these policies have little to do with the fight against Money Laundering, but more to do with the casinos own profit margin and/or risk assessment.
I have seen other policies from other casinos, most will pay everything back to a method previously used to deposit. Others will split between sending deposits back to where they came and winnings to the preferred method. I have now seen some that will process EVERYTHING back to a method they deem to be the primary deposit method, even though this means deposits as well as winnings being transferred from one method, such as neteller or card, to another credit or debit card.
This opens the possibility of registering a new "stolen" card, while having a huge amount of deposits from your "real" card. Everything deposited from the stolen card will, at first, end up on the genuine card, and easily so before the casino find out the "new" card was stolen and lock the account.
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
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