Online casino operators have certainly embraced innovative uses of technology to offer increasingly dynamic and action-filled player experiences. The global online gambling market is estimated to be worth over $60 billion and shows no signs of slowing. Done well, ID verification also improves the player experience by helping legitimate users pass onboarding faster. Once an operator enters a licensed market, KYC is no longer optional.
Furthermore, customers who fail to comply with KYC requirements and refuse to provide the necessary documents may encounter delays in their withdrawals or may be unable to withdraw their winnings altogether.
