Customer Identification (KYC) and Anti-Money Laundering (AML) Policy

LuckyBet Casino

Last updated: May 28, 2025

At LuckyBet Casino, we are firmly committed to combating money laundering, terrorist financing, and other illegal financial activities. We implement stringent measures to verify user identities, monitor transactions, and report suspicious activities to relevant authorities in accordance with our internal Anti-Money Laundering (AML) policy and international regulatory standards.

1. Introduction

1.1 Scope and Purpose of the Policy

This policy outlines the processes and obligations related to Customer Identification (KYC) and Anti-Money Laundering (AML). LuckyBet Casino complies with all applicable laws and regulations and adheres to international standards to combat illegal financial activities.

1.2 Compliance Obligations

We:

• Ensure that all funds deposited into player accounts come from legitimate sources.
• Comply with all applicable anti-money laundering laws and regulations.
• Immediately report suspicious activities related to money laundering or terrorist financing to relevant authorities.
• Reserve the right to freeze funds if any concerns arise.

2. Definition of Money Laundering

Money laundering refers to the process of concealing or disguising the source, location, or ownership of illicit funds. It involves the concealment, transfer, or use of funds associated with illegal activities. Money laundering can occur both at the national and international levels.

3. Our KYC and AML Obligations

3.1 User Responsibilities

You:

• Compliance with Laws: Agree to comply with all laws related to money laundering and terrorist financing, including our internal anti-money laundering policy.
• Legitimacy of Funds: Confirm that the funds used for gaming are not associated with any illegal activities and are not intended for illegal purposes.
• Providing Information: Agree to provide necessary documents or information as required by anti-money laundering and customer identification regulations.

3.2 Information Collection and Verification

LuckyBet Casino is committed to collecting and retaining the following information and documents as required by regulations:

• Initial Verification: We collect the minimum personal identification information, including:
  • Full name
  • Date of birth (for individual users)
  • Residential or mailing address
  • Source of funds deposited
• Document Verification: You may be required to provide proof of identity (such as a passport, national ID, or any government document containing your name and date of birth) to verify your information.
• Ongoing Monitoring: Accounts will be continuously monitored to identify suspicious activities. All transactions will be verified according to anti-money laundering requirements.

3.3 Information Verification and Reporting

Verification: Personal information and documents will be cross-checked against sanctions lists and other international lists.

Transaction Monitoring: All transactions will be analyzed, especially in high-risk situations. If concerns arise, we will:

• Reserve the right to refuse or suspend transactions.
• Reserve the right to report suspicious information to relevant government or international regulatory agencies without prior notice to the user.

4. Internal Controls and Record Keeping

4.1 Record Keeping

All identity information, documents, and transaction records will be securely retained according to LuckyBet Casino's policies and procedures.

4.2 Ongoing Verification

Information will be verified not only at the time of registration but also continuously based on the user's risk level. We reserve the right to request documents again to update information.

4.3 Service Refusal

If we confirm that a transaction is related to money laundering or other illegal activities, we reserve the right to refuse or suspend the transaction. The user may not be informed of this decision in advance.

5. User Acknowledgment

By creating and using an account, you:

• Agree to provide accurate and complete information at the time of registration.
• Agree to cooperate in providing additional information or documents.
• Understand that failure to comply with these terms may result in your account being suspended or terminated, and other legal actions may be taken.

6. Contact Information

If you have any questions or need clarification regarding this AML/KYC policy, please contact our compliance services:

Email: [email protected]

This policy is for informational purposes only and should not be considered legal advice. It is recommended to seek advice from qualified professionals.