- Joined
- Jun 30, 1998
- Location
- Bierland
"I don't like the intrusiveness and play at casinos that DO NOT require SOW." 34% so far - which goes to show that the UK (and MGA market as well) is hemorrhaging. Regulators and compliance folks need to come to terms with reality and find and another solution to "protect players from harm" - this obviously is not working.
You are not protecting anyone from harm when you are driving 34% of your player base to unlicensed offshore clip-shot-joints. Casinos like Red Lion Casino, Bronze Casino, Cozyno, et al, that target problem gamblers are thriving in this market of over-handed protectionism.
Online casinos should be mimicking their brick and mortar brethren - where are the SOW requests there? Much of this has to do with the rare occurrences (but widely publicized) accounts of people who had tragically delved into their corporate business accounts, kids' college funds, retirement savings, etc. and lost it all. I sincerely understand the grief and the need to prevent these horrible episodes, but this is like cutting off your nose in spite of your face. Source of Wealth requests are just not working to solve this.
I personally would never submit any source of wealth docs. The only entity that gets this info from me is the federal tax office, not some online business where all I want to do is chill out and play some slot games or video poker.
It needs to be made clear that all players have a choice whether or not to submit SOW docs. Just because you're in the UK doesn't mean that you have to abide by any source of wealth requirement - a 5 second Google search will solve the issue for anti-SOWers. And these players are the ones who will be placing themselves into harms way. They have a choice between the reputable BGO casino which is properly run and abides by the regs of the UKGC, or skip it and click the link to
It is a fact, and we have the screenshots to prove it, that those offshore entities PREY on these players. Players who admittedly are on Gamstop are welcomed with open arms at these despicable websites. These casinos have no right or any need to require any source of wealth. All they want is action at their crooked slot games, and another round of Champagne at lunch time. It's a rogue casino operator's dream come true.
You are not protecting anyone from harm when you are driving 34% of your player base to unlicensed offshore clip-shot-joints. Casinos like Red Lion Casino, Bronze Casino, Cozyno, et al, that target problem gamblers are thriving in this market of over-handed protectionism.
Online casinos should be mimicking their brick and mortar brethren - where are the SOW requests there? Much of this has to do with the rare occurrences (but widely publicized) accounts of people who had tragically delved into their corporate business accounts, kids' college funds, retirement savings, etc. and lost it all. I sincerely understand the grief and the need to prevent these horrible episodes, but this is like cutting off your nose in spite of your face. Source of Wealth requests are just not working to solve this.
I personally would never submit any source of wealth docs. The only entity that gets this info from me is the federal tax office, not some online business where all I want to do is chill out and play some slot games or video poker.
It needs to be made clear that all players have a choice whether or not to submit SOW docs. Just because you're in the UK doesn't mean that you have to abide by any source of wealth requirement - a 5 second Google search will solve the issue for anti-SOWers. And these players are the ones who will be placing themselves into harms way. They have a choice between the reputable BGO casino which is properly run and abides by the regs of the UKGC, or skip it and click the link to
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. It's their choice, not the MGA's or the UKGC's.It is a fact, and we have the screenshots to prove it, that those offshore entities PREY on these players. Players who admittedly are on Gamstop are welcomed with open arms at these despicable websites. These casinos have no right or any need to require any source of wealth. All they want is action at their crooked slot games, and another round of Champagne at lunch time. It's a rogue casino operator's dream come true.
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