At Casino Pearls, we are committed to providing our players with a safe, transparent, and responsible environment. Our platform is 100% free-to-play: no real money is ever wagered, and no financial gain is possible from playing our games.
However, we believe it is important to inform you about AML (Anti-Money Laundering) and KYC (Know Your Customer) procedures used in real-money online casinos, so you understand how they work if you ever choose to play on such platforms.
What is AML?
AML refers to the set of laws, regulations, and procedures designed to prevent funds from illegal activities from entering the financial system.
In a real-money online casino, this may include:
- Checking the source of deposits and withdrawals.
- Verifying that transactions come from a legitimate source.
- Reporting suspicious activity to relevant authorities.
Real-world examples from real-money casinos:
- A player makes several large deposits in a short period using different payment methods.
- A player attempts to withdraw funds without having wagered the deposited amounts.
- Transactions originate from a country or source considered high-risk by regulators.
At Casino Pearls, there are no real-money deposits or withdrawals. This information is provided for educational purposes only, to help you understand standard industry practices.
What is KYC?
KYC is a process used by real-money casinos to verify the identity of players.
It helps to:
- Prevent fraud and money laundering.
- Ensure players meet the legal gambling age requirements in their country of residence.
In real-money online casinos, KYC may involve submitting documents such as:
- A valid government-issued ID.
- A recent proof of address.
- A bank statement or screenshot of the payment method used.
Examples of when KYC may be required in real-money casinos:
- When making the first withdrawal request.
- If total deposits exceed a certain regulatory threshold.
- When participating in a high-value jackpot or tournament.
At Casino Pearls, no KYC verification is required. However, we may request certain information if you participate in a competition organised on our website.
Data protection and privacy
Any information you choose to provide to us is handled in accordance with our privacy policy. It is never shared with unauthorised third parties and is protected through appropriate technical and organisational measures.
Why are we telling you this?
Even though Casino Pearls does not process financial transactions, we believe it is useful for our players to understand how AML and KYC procedures work in traditional online casinos.
Their main purpose is to protect players and ensure a safe, law-compliant gambling environment.
If you have any questions about this topic, please contact us via our contact form.
