Your Input Please Source of Wealth poll

How does Source of Wealth requirements affect you?

  • I don't like the intrusiveness and play at casinos that do not require SOW

    Votes: 66 21.3%
  • I don't like the intrusiveness but still play the same at casinos that require SOW.

    Votes: 40 12.9%
  • I don't like the intrusiveness but still play at casinos that require SOW - but play less.

    Votes: 27 8.7%
  • I don't mind. I play the same.

    Votes: 29 9.4%
  • I don't mind, but I play less becasue of this.

    Votes: 5 1.6%
  • I don't mind, and I play more because of this.

    Votes: 2 0.6%
  • I've never been asked and I am in the EU/UK

    Votes: 88 28.4%
  • I've never been asked and I am outside the EU/UK

    Votes: 53 17.1%

  • Total voters
    310
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osulle

Paleo Meister (means really, really old)
CAG
mm1
mm4
Joined
Jun 19, 2009
Location
In my head
I am against SOW requests that go beyond your most recent bank statement. I think people in general are getting sick and tired of the overlords looking into every aspect of our lives. We got casinos that can now ask you very invasive questions requiring documents that as a player we have no control on how they are stored or if they are shared. We are expected to trust them? Well as we all know Facebook sells peoples data, Amazon Alexa and other types of gadgets listen to our conversations. I guess my point is personal privacy is important and little by little we are expected to give it up under "We must protect...(insert anything here)". I have nothing to hide but want my stuff to stay private. That is just me and I hope my rambling post makes a tiny bit of sense.
 

kavaman

Senior Member
PABnononaccred3
PABnononaccred3
MM
Joined
Dec 2, 2001
Location
finland
I can provide sow, but i usually close casino accounts that require this, because i find it very invasive. Unless i have a cashout pending i do NOT provide sow and just close my account. By the way what casinos so far have asked SOW from you? I would like to know so i can steer clear unless i already have an account.
 

mariafbb

Tickled Pink
Joined
Aug 28, 2018
Location
Helsinki
I think SOW if a fantastic way to make casinos more aware of frauds and gambling addicts.
gambling is such a controversial isue that it needs all the resources to make sure it's actually "for fun" .
that being said, if any casino I play at , would ask me my SOW I would tell them to fudge off. I am low roller and my deposits are usually around 20-30€/week at the same casino. . how I make my money it's my problem. but for those people that deposit more than 1-2k a month surely they need to show the SOW for that money.
 

lotusch

A little mix of Dutch and Irish
Joined
Jun 3, 2013
Location
Dún Dealgan
I have stopped playing at 2 casinos after they threw a SOW request at me.
I was a customer for years at both casinos and never ever had any trouble with them.
Fully KYC'd at signup and never ever made any weird deposits as I always deposit the same amounts like 50-100 Euros at a time.
Nothing outrageous.

I will not provide any sensitive financial details to any casino, first of all because it is none of their business and second of all, God knows where all the information might end up.
If you want to SOW a player that deposits tens of thousands every week, I can understand.
But do not pull every regular Joe out of the grass and hit them with a SOW.
 

neilw

Moderator of Live Games forum
Staff member
webmeister
CAG
MM
Joined
Feb 11, 2013
Location
Kent - England
I've just bought a new house and was asked where I got the money from. And this was by my Solicitors who were acting for me in selling mine and buying my new home.

Was also asked by my Bank when the funds hit the account where the money had come from. SOW is happening all over, not just online gaming.
 

wokingjames5

Newbie member
Joined
Nov 15, 2015
Location
Jersey
I was asked once by Grosvenor but I didn't mind as I was caning it at the time so didn't have an issue sending a payslip as it is Grosvenor and not a clip joint in Curaçao.
 

ternur

Destroying castles in the sky
webby
CAG
mm3
Joined
Nov 25, 2004
Location
Finland
I've just bought a new house and was asked where I got the money from. And this was by my Solicitors who were acting for me in selling mine and buying my new home.

Was also asked by my Bank when the funds hit the account where the money had come from. SOW is happening all over, not just online gaming.

I hear that. I've been forced to make these inquiries in some transactions myself. It goes beyong the normal attorney-client relationship and I absolutely detest it. Buying and selling real estate is a prime example of a lawyer needing to take extra precautions just to cover their own compliance requirements.

The whole system of individuals and companies watching each other and informing authorities of their observations is a sort of mental panopticon we are being forced to live in.

Jeremy Bentham would be proud.
 

colinsunderland

Experienced Member
webmeister
MM
Joined
Jan 28, 2016
Location
uk
Wait a sec I was asked for my comment and view and I gave it. My comment and view on a poll not a discussion about my answer.

Only people who need to worry are the fruadsters and peeps hiding money from partners.

That was what you said, I don't have a partner so I'm a fraudster?
 

incrediblestuff

SearchingForTheHolyGrail!
webmeister
CAG
Joined
Mar 22, 2010
Location
Mostly the Netherlands
My answer was 'I've never been asked and I am in the EU/UK' which applies, but i certainly also am one of the 'I don't like the intrusiveness and play at casinos that do not require SOW' people!

The only way i could ever see such a request to be justifiable, would be in case of suspected fraud, or 'extreme' problem gambling...
 

mariafbb

Tickled Pink
Joined
Aug 28, 2018
Location
Helsinki
How so? Gambling addicts can show a payslip, too.

in this case I give it to the casino to actually make good use of the SOW they are asking for, and pinpoint if the gambler is risking more than he/she is actually earning.
further more : so for example if a gambler is asked for SOW and the payslip says 3k/month , and the said gambler , is making deposits of 2-3k/month that should ring some red flags for the casino.
but the truth maybe is what they actually do with the SOW once they have it, depends in the casino itself probably
 

b3b44

Experienced Member
Joined
Aug 8, 2011
Location
netherlands
Been through the SOW at casumo was approved but hardly play there anymore

Had the same thing at Neteller last year past that aswell but they want it again this year as i had played less then the year before seemed a bit strange .(no response when emailing them)

Imo nowadays i think there wont be many casino's left that do not require a SOW.

Cheers
 

Sonict

Meister Member
mm1
Joined
Mar 25, 2017
Location
Ontario, Canada
I am one of the few that who has not been asked for SOW and I live in Canada. The MGA however does have a similar thing to a SOW all set up so time will tell if people will be getting this sort of thing in the future. I could explain where I have a "Source of Funds" easy enough with my lucky wins this year, but if sites took a look at my SOW... I bet they would want my accounts closed! If it wasn't for an awesome streak of luck, I wouldn't be playing anywhere as often as I am right now!
 

mack341

Senior Member
Joined
May 8, 2018
Location
south east england
You just know some of these casinos are going to want to make this an annual occurrence for all their customers.

I don't like the way things are heading, the casino staff are effectively becoming an extension of intrusive, faceless big brother style government, whereas if casino staff truly suspect a customer is money laundering they ought to be gathering the evidence and passing it to the police, requesting a SOW would just alert a real 'launderer' he's been found out and he'll vanish into the night, and probably reinvent himself at another casino later down the line, In my view it would be better for the police to surveil/apprehend him and uncover any criminal associates and network.
 

osulle

Paleo Meister (means really, really old)
CAG
mm1
mm4
Joined
Jun 19, 2009
Location
In my head
in this case I give it to the casino to actually make good use of the SOW they are asking for, and pinpoint if the gambler is risking more than he/she is actually earning.
further more : so for example if a gambler is asked for SOW and the payslip says 3k/month , and the said gambler , is making deposits of 2-3k/month that should ring some red flags for the casino.
but the truth maybe is what they actually do with the SOW once they have it, depends in the casino itself probably
Big flaw in that scenerio if the player had a couple of big wins then they could be depositing more than usual. SOW to me are an intrusion. You should only have to show ID, proof of address and payment. All payment methods ought to be in your name only. I know the SOW idea came from the EU who are not our nannies or parents even tough they like to think they are and they certainly don't know what's best for us.

If you SE from a casino due to gambling addiction issues and that is in a database (like the UKCG one) and if the new casino does due diligence and blocking a new sign up then that is good and all that should be done.

I know Maria you have the best of intentions but a lot would disagree with you. I would like to know if an SOW is requested exactly where is it sent? Who has access to it? and how is it stored to prevent theft of said information. There have been so many breaches of private information leaked or stolen from large department stores, gaming companies recently I doubt a casino can keep your information safe. What happens to your private SOW information if the casino goes under?

And to give you another scenario what if the perpetually outraged activists were to get hold of that information and release it? It is not an impossibility. We live in perilous times when saying the wrong thing gets you fired and doxxed over stupid things.

If there has to be SOW then it should be done and held through the gambling commission in whatever country you live in. At least that way players have recourse to hold these officials accountable if information gets stolen. Personally I would rather not have the intrusion at all but as far as I can tell there is very little protection for the player. It was set up so casinos can cover their butts due to other casinos doing dodgy things (big bookmakers).

Wow didn't think I'd be so passionate about this stuff until this poll and I actually thought about it. Great poll @Casinomeister I never doubt your wisdom :)
 

Guntis

Senior Member
Joined
Dec 29, 2017
Location
United kingdom
Betsafe asked me to send my source of income a couple of months ago.

I guess it was for the reason to make sure I'm in control of my gambling habit.

I had a very bad month of playing at that time...
 
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