The advent of online gambling has made it possible for people to play a wide range of games and bet with real money from any computer or mobile device with an Internet connection. These websites are regulated and can offer players a safe and secure environment to gamble. In addition, most sites allow players to deposit and withdraw funds using a variety of payment methods.
Despite the fact that online gambling is relatively new, it has become increasingly popular worldwide. Its popularity stems from its ease of accessibility and convenience for individuals who wish to gamble. However, it is important to remember that gambling can be addictive and can lead to financial losses, which may affect a person’s health and well-being.
As online gambling grows in popularity, lawmakers are struggling to decide how to regulate it. Some countries have banned it altogether while others support legalization and require harm minimization measures. Regardless of the legality of online gambling, it continues to thrive as many individuals are seeking an alternative to traditional casino gaming.
Fraud is a huge problem for online gambling sites. It can result in hefty fines, loss of bonuses, and decreased customer satisfaction. It can also be costly for compliance teams who have to spend time and money chasing bad players or reversing chargebacks. SEON helps online casinos combat fraud by acting as a pre-KYC check, saving them the time and expense of running full document verification/KYC checks on potential customers who are clearly fraudulent.