Nowadays gambling has become not simply a way to spend your time with pleasure but a way to earn for a living. For some people it is even a sense of their lives. They can’t help but gamble for hours a day neglecting real lives and values. Such cases are referred to the concept of gambling addiction.
Unfortunately, some people become addicted to casino games and sports betting. 1Win cares about it’s customers and their mental stability. We do all possible to prevent users from this mental illness and avoid bad consequences.
One of the most useful means of fighting against gambling addiction is the Responsible Gambling policy which can be applied to any user of the platform.
The essence of responsible gambling is the recognition that gambling can be a form of entertainment, but it can also be a source of harm for individuals, families and communities. Responsible gambling creates a safe and enjoyable environment for customers while ensuring that gambling is conducted in a fair and transparent manner.
The main tools of the 1Win Responsible Gambling policy include:
Promoting responsible play;
Preventing underage gambling by implementing the KYC policy;
Ensuring that customers are protected from problems gambling.
KYC (Know Your Customer) policy is a set of rules and procedures required by financial institutions and other regulated entities in order to verify the identity of their customers. The KYC policy requires companies to collect and verify certain information about their customers, such as their name, address, date of birth, and identification documents (driver’s license, passport, etc.).
The main aim of KYC policy is to prevent financial institutions and other regulated entities from being used for money laundering, terrorist financing, and other illegal activities. By verifying the identity of their customers, financial institutions can better assess the level of risk involved in a transaction, detect and prevent fraudulent activities, and comply with local and international regulations.
KYC policy is also important to protect the privacy of customers. By implementing KYC policy, companies can ensure that customer data is handled appropriately and is not disclosed to unauthorized parties. Customers are allowed to know the way the information about them is collected and used.
In this way, we are doing our best to create a culture of safety and respect that prioritizes the well-being of customers and the integrity of the industry.