I don't dispute that, but at the same time you can't demand someone provide a third parties personal information. How does the GDPR work in that situation? Unless you have express permission from the third party, which you won't have if someone gets their friend's bank statements and sends them to you, you cannot legally process or store their information, which clearly you are doing if they are supplied as part of a SoW package.If a Casino finds out that a customer received as an example £10,000 deposited from 3rd party which they use to gamble with, that is considered as high risk and the casino would need to get proper information/documentation on that transaction to continue the business relationship. If not satisfied, report to NCA and they would inform how to proceed if balance was still available on customers account.
its ok but swedes are not allowed to play with Euros after 1-1-2019?Sorry wrong thread
Is that really a 4.5x Gonzo bonusView attachment 14707820 frefalls.
No you are right, you cant give that without the 3rd party's consent, so you get into a tricky situation. But in reality its simple, you dont need to supply anything to an online casino, they are just forced to terminate the business relationship with you and either refund you your balance or send the case over to NCA to decide. In rare cases when NCA decides that payment is not allowed to be refunded, usually its donated to charity with approval from NCA or held to be paid back to right the owner of the funds.I don't dispute that, but at the same time you can't demand someone provide a third parties personal information. How does the GDPR work in that situation? Unless you have express permission from the third party, which you won't have if someone gets their friend's bank statements and sends them to you, you cannot legally process or store their information, which clearly you are doing if they are supplied as part of a SoW package.
I've seen cases where casinos have requested this sort of information for a one off £100 transaction, which is ridiculous, that isn't suspicious at all.
Hahah max potentialIs that really a 4.5x Gonzo bonus
Well technically you would breach a bunch of terms....And what's wrong in playing for someone else? Provided that person is of age and isn't excluded?
With skype, discord etc it's easy to stream a slot stream to your friend having gone 50/50 on the deposit. I've known of this sort of stuff going on for ages (Twitch etc). Doesn't make you a launderer, nor somebody with a gambling issue!
I think we have to look at this sensibly, it's a fun pastime and it should be just that.
we are allowed to play on mga casinos. I rather play here with cashback and bonuses then on swedish licens. no cashback, no bonus and max 5000sek deposit a week.its ok but swedes are not allowed to play with Euros after 1-1-2019?
Surely it's better from a business perspective then to employ a stance like the major UK bookie sites do. Utilise a lot more electronic verification methods and focus on 'clear and obvious' patterns of foul play. That way you're not driving away genuine players whilst still performing due diligence?No you are right, you cant give that without the 3rd party's consent, so you get into a tricky situation. But in reality its simple, you dont need to supply anything to an online casino, they are just forced to terminate the business relationship with you and either refund you your balance or send the case over to NCA to decide. In rare cases when NCA decides that payment is not allowed to be refunded, usually its donated to charity with approval from NCA or held to be paid back to right the owner of the funds.
we are allowed to play on mga casinos. I rather play here with cashback and bonuses then on swedish licens. no cashback, no bonus and max 5000sek deposit a week.
I know him. shejk bin mullah shakerakababi.hahahahaI hope Ardalan Shekarabi will read your post!
Surely it's better from a business perspective then to employ a stance like the major UK bookie sites do. Utilise a lot more electronic verification methods and focus on 'clear and obvious' patterns of foul play. That way you're not driving away genuine players whilst still performing due diligence?
And what's wrong in playing for someone else? Provided that person is of age and isn't excluded?
With skype, discord etc it's easy to stream a slot stream to your friend having gone 50/50 on the deposit. I've known of this sort of stuff going on for ages (Twitch etc). Doesn't make you a launderer, nor somebody with a gambling issue!
I think we have to look at this sensibly, it's a fun pastime and it should be just that.
we are allowed to play on mga casinos. I rather play here with cashback and bonuses then on swedish licens. no cashback, no bonus and max 5000sek deposit a week.
Well of course. But what I'm saying is that if two friends are talking online and one fancies a deposit and the other wants in, what is wrong with the deposit being split? Where's the bonus abuse there? Once the person transfers in to the depositors account, it becomes the depositors money to do what they like with. It has left one legitimate account into another. They are no longer the sender's funds.I think you find reason already from many casinos T&C:s that you should play with your own money and details and nothing else.
As far as I'm aware they do have the same regulations under the law. If they suspect any hint of criminality then they have to undertake due diligence, the same as any other organisation dealing with financial matters.Well that is not enough accordingly to the regulation for casino.
But please be aware, Sportsbook and Casinos don't have same AML regulation. A sportsbook don't need to collect SOW.
Im not sure exactly how they get around it, but I guess if you do 2 companies, one for sports and one for casino with different licenses. You take all deposits on the Sportsbook company and then you have two balances, then you do internal transfer to fund your casino balance. That would in theory reduce the risk and SOW wouldn't be required.
It can also be so that they simply will accept any fine coming their way to avoid all hassle with customers. The UKGC fines are very small compared to what the big bookies are making.
Like William Hill was fined a few years back for AML failings.
I think the difference between the Maltese casinos and the UK ones is that the Maltese ones are setting these arbitrary thresholds to trigger SOW rather than doing it on an account by account basis. I would imagine the big UK bookies have designated personnel monitoring accounts rather than a generic department that solely deals with accounts once the arbitrary threshold has been met. That's the feeling I get anyway.As far as I'm aware they do have the same regulations under the law. If they suspect any hint of criminality then they have to undertake due diligence, the same as any other organisation dealing with financial matters.
I thought you were launching a sportsbook over a year ago, why don't you do that and save all the SoW requests if that is the case?
Yes - this.I explained in this thread here how AML regulation work in UK including attaching a link to the regulation itself.
Videoslots refusing payment
I explained in this thread here how AML regulation work in UK including attaching a link to the regulation itself.
Videoslots refusing payment
Now, I can tell you there would not be a single Casino in the the UK that has submitted more than a couple of these in a calendar year - if that - due to the work involved, the authorities that need to be notified and most importantly the red flags that come into play when applying for re-licence to trade as a Casino.
I think the difference between the Maltese casinos and the UK ones is that the Maltese ones are setting these arbitrary thresholds to trigger SOW rather than doing it on an account by account basis. I would imagine the big UK bookies have designated personnel monitoring accounts rather than a generic department that solely deals with accounts once the arbitrary threshold has been met. That's the feeling I get anyway.
Someone with a £50 a week deposit limit set is highly unlikely to be a launderer nor a problem gambler yet under the system a lot of Maltese casinos operate, once the deposit threshold had been triggered, the customer would be expected to send in sensitive documents and have their withdrawal held for little reason at all.
That's the difference between how the UK & Maltese systems operate.
Energy requested SoW from me on under £100 deposits in a 2 year period. Not just a request of what my income was, a full SoW, payslips, bank statements etc. That was after a £20 deposit, my first one for about 6 months.Which casino requested SOW on £50 deposit?
There was another requested it on lifetime deposits of around £1000 (about 3 year old account), and I was in profit there. They said it was RG related, so they thought I might have a gambling problem with an average of £7ish a week,
Don't be naive mate, it happens. A tad harsh.Anybody using 3rd party funds should be banned and have every penny confiscated.
if you do not have the means to fund gambling yourself at the first point of contact then you have no business placing a wager anywhere.
not only is it embarrassing anyone should use a third party to spin a slot it throws up red flags all over for the casino whom rightly have money laundering and source of wealth to consider, not to mention KYC and the rules they must adhere to.