Pre-KYC for Online Gambling


Online Gambling

Online Gambling involves placing wagers on games played via Internet-connected devices such as computers, tablets and smartphones. Players can choose from many different gambling sites and create accounts to play for real money or virtual tokens.

The convenience of online gambling is a great benefit for some, but it can also be addictive. People with a gambling problem may find it easier to conceal their habits from family and friends because they can gamble alone and without the social distractions of casinos or other brick-and-mortar establishments. They can access gambling websites at any time, day or night, and make bets with the touch of a button. Additionally, it’s easy to lose track of spending when gambling online because there is no physical exchange of currency as occurs in casinos.

Fraud is a serious issue in the online gaming industry. It is costly for operators to deal with chargebacks, bonuses lost to bad players and chasing fraudsters who can be difficult to identify and remove from their platforms. To help reduce these issues, SEON offers a pre-KYC service for online casino sites that can safely and cost-effectively weed out obvious fraudsters from the start, saving compliance teams a significant amount of money and reducing the risk of revenue loss. This is particularly important given that the online casino sector can experience huge variances in fraud risk from region to region. Learn more about this unique solution here.