Source of Income Issue

Should Casino's ask for Source of Income if it's not mentioned in their terms and conditions ?

  • NO !, they are not allowed to ask for this.

    Votes: 14 66.7%
  • YES !, they are allowed to ask for this, no matter what country you are from.

    Votes: 7 33.3%

  • Total voters
    21

ReDevil009

Newbie member
PABnonaccred
PABnononaccred3
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May 19, 2018
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Is a casino allowed to ask for source of income if it's not stated in their casinos's terms and condition ?

Isn't that regulation only for players in Europe and United Kingdom ?

Has anyone seen such term for Go Wild sister casino Astralbet ?
 

me_and_ed

Paleo Meister (means really, really old)
CAG
MM
Joined
Jun 2, 2006
Location
Vancouver
I made the same point last week with another casino, I will not release any financial information, had I known I would have never reopened my account with them, it should be clearly laid out in the verification section of the T&Cs so the player can decide beforehand.
 

Jasminebed

Game old gal
Joined
Mar 13, 2008
Location
Ontario
Yes they can ask. You can refuse to comply. They will close your account if you do. If you have a withdrawal or balance, they cannot just confiscate it or fail to pay it. They must either pay you or turn it over to police for investigation for fraud or money-laundering.
 

ReDevil009

Newbie member
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PABnononaccred3
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Alright, however there is no term in their terms and conditions, so how can you ask for something like this ?
 

SpinUk

Meister Member
PABnonaccred
MM
Joined
Oct 10, 2012
Location
London
Yes they can ask. You can refuse to comply. They will close your account if you do. If you have a withdrawal or balance, they cannot just confiscate it or fail to pay it. They must either pay you or turn it over to police for investigation for fraud or money-laundering.

100%. They have to (and will) settle up the account at the point of the SOW request. If they want to file a report with the relevant authorities (highly, highly unlikely for about 100 differant reasons) they get a max of 30 days to hold onto it. You will definately get any winnings
 

ReDevil009

Newbie member
PABnonaccred
PABnononaccred3
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@SpinUk
Can you clarify you what you just wrote please.

30 days to hold on to it ? If they never receive the source of funds will I ever receive my winnings?
 

SpinUk

Meister Member
PABnonaccred
MM
Joined
Oct 10, 2012
Location
London
30 days to keep it while the relevant authorities decide to investigate you. How much are we talking?
 

philderby1

Senior Member
Joined
Oct 8, 2012
Location
derby
I know this doesn't really contribute to the thread but all this 'source or wealth' BS and extra verification and such really puts my off playing now. Might have the add £30 here and there but think my days of slotting are behind me
 
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