Account verification is a standard process in online casinos to ensure a safe and secure gaming environment for all players. There are several key reasons why verification is required:
Compliance with regulations
Online casinos are legally required to verify the identity of players to comply with anti-money laundering (AML) and Know Your Customer (KYC) laws. This helps prevent fraud, identity theft, and other illegal activities.
Protecting your account
Verifying your account ensures that no one else can access or withdraw funds from it without your permission. It adds an extra layer of security to your personal and financial information.
Responsible gaming
Verification helps casinos enforce limits on deposits, losses, and playtime, supporting responsible gambling practices and protecting vulnerable players.
Processing withdrawals
Before you can withdraw any winnings, casinos need to confirm your identity to ensure that payments are being made to the rightful account holder.
At Winny, you can enjoy playing and depositing freely up to a certain threshold, after which account verification will be requested for security reasons.