Online Gambling involves the use of electronic devices (computers, tablets or smartphones) to place wagers on games of chance or skill for money. It is a form of gambling that is increasingly popular worldwide. Online casinos, sports books, and betting exchanges are some of the most popular forms of online gambling.
Although some people may find Online Gambling risky and intimidating, it can also be safe, convenient and fun if it is done right. It is important to follow local, state and federal laws when gambling online. If you do not, you may be subject to penalties and even prosecution.
While bricks-and-mortar casinos have been around for centuries, the online casino world is relatively new. Unlike the glamorous casino floors you see in movies and television, online casinos are digital platforms that allow gamblers to play their favourite gambling games. Many online casinos are licensed and regulated by a government body like the Kahnawake Gaming Commission.
Fraud is a huge issue for Online Gambling sites, especially those who offer multiplayer games where players interact. In addition to the loss of revenue, fraud can cost a gambling site money in the form of chargebacks and lost bonuses. SEON’s robust and sophisticated software, along with our fraud analyst team help to prevent fraud at gambling websites by detecting red flags early on. We can also act as a pre-KYC check by helping to weed out obvious fraudsters so that you don’t have to waste your time running full document verification on them.