this post was submitted on 08 Sep 2023
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Casinos have to comply with Know Your Customer laws like banks. This is to stop money laundering.
There are great reasons to dislike casinos, this is not one of them. Also, online casinos are probably shady AF, why are you using one?
I understand this but, since they are storing your money in the first place, they would need to request this information to deposit in order to remain within those laws as well I believe
Also true, however, there are times you cash out more than you deposit (sometimes people win). Edit: there are thresholds of amount of money you need to start moving around before the casino will pester you for more info, because most people don’t need to bother because they don’t meet those thresholds.