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Things to Know Before Gambling Online
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Online casinos are revolutionizing the gambling world. They’ve become very popular over the last few years. Although they are reaching peak status during these times, casino sites are not new to the market. The first sites like them appeared back in 1994. Microgaming is the company that created the first software for online casinos that year and then they created the first mobile casino software in 2004.
At first, online casinos weren’t popular because people didn’t trust them. Safety and fair-play were some of the issues that the sites had to deal with, apart from the domination of the land-based casinos. As you can see now, all of that is changed. Statistics show that online casinos have an $80 billion annual revenue, and that number is expected to top $100 billion by 2024. In Europe, the best market for online casinos is the United Kingdom.
Since this type of gambling is so popular these days, we decided to explain some things that you need to know before making your first wager at these sites.
Is It Allowed in Your Country?
Logically, gambling restricted in many countries in the world. Some of them allow gambling at land-based casinos but hold a restriction for online gambling. Some European countries where gambling online is restricted are Greece, Turkey, the Netherlands, and Albania.
The problem with the restrictions is that governments have trouble regulating these activities. There are many ways to hide your IP address and make it seem like you are accessing online casinos from another country. Governments are yet to respond to this problem.
Is the Site Licenced?
This is a key factor to check if you want to know whether the site is eligible to play or not. Every country that legalized online gambling has commissions that issue licences and regulate online casinos. If the casino sites are licenced by some legitimate and real commission, then you are safe to play games and leave your account information.
Profits Have Processing Times up to Several Days
Usually, every winning has a processing time of 2-3 days. The money goes through numerous verification processes to make sure that everything is legal. But, the processing time can vary, depending on the chosen method of withdrawal.
This is completely normal, but the waiting time sometimes can be as long as 2 weeks, which is a bit long for someone impatient. Nevertheless, this is a standard procedure because online casinos want the money to be transferred to the right person.
It Has Advantages over Land-Based Casinos
Let’s explain how people started to favour online casinos over land-based ones. For starters, online casinos are the front in the battle against theft and corruption. They invested a lot of money in the latest SSL-encryptions and Random Number Generators to make their sites safe to play and give every player an equal chance of winning.
They are also easily accessible – all you need is a computer/phone with a stable Internet connection. You can enjoy the best casino games in the comfort of your home or any other place. To make things even better, their services are available 24/7.
Online casinos also have tons of promotions in store for every player. Free games, bonus on winnings, Welcome Offers for new players, Loyalty Programs for the more loyal players, etc. In short, they are keen to reward the people who play on their sites in every way possible.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Things to Know Before Gambling Online

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1 Reddit Post = 1,120 FTDs — No Site, No Backlinks!
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The post 1 Reddit Post = 1,120 FTDs — No Site, No Backlinks! appeared first on European Gaming Industry News.
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DeepDive launches AI platform to strengthen Enhanced Due Diligence for gaming operators’ anti-money laundering efforts
DeepDive today announced the launch of a revolutionary AI platform for Anti-Money Laundering (AML) compliance teams that conduct Enhanced Due Diligence (EDD) and player investigations.
AML teams at gaming operators face an impossible trade-off, they can either conduct thorough investigations that take days, or fast investigations that may miss critical intelligence. On top of that they have to be able to assess source of funds on customers all over the world. DeepDive combines multi-language web search and global regulatory compliance data checks to extend the reach of EDD. Compliance teams can now sift through the digital ocean of open-source data including public records, corporate filings, court documents, news archives, social media profiles and PEP, sanctions and watchlist data to build customer intelligence.
Using a unique combination of search tools, natural language processing, entity resolution and generative AI, DeepDive enables EDD research to go further and deeper, accessing more sources, in any language or alphabet. Instead of analysts spending hours clicking through search results and manually cross-referencing information, DeepDive’s AI processes hundreds of sources simultaneously and presents EDD reports viewable by timeline, alert type or risk category. Analysts can then interrogate the body of knowledge with the built-in chatbot to get to the heart of the matter, helping them make more informed risk decisions.
The team behind DeepDive is staffed by industry veterans that have previously launched, scaled and exited several fraud investigation and KYC platforms.
“DeepDive addresses the pain points facing compliance teams such as time-intensive manual research, incomplete data, language barriers, false positives, and the challenge of processing vast amounts of information at scale,” said David Pope, COO at DeepDive.
“We’ve now completed a successful six-month beta with MLROs and outsourced EDD providers. DeepDive has helped them build deeper intelligence on high-risk customers from all over the world, in a fraction of the time. Not only are we uncovering intelligence that the manual EDD approach misses, but with the time saved, gaming operators can extend EDD across a wider set of customer transactions.”
DeepDive strengthens EDD by creating multiple search permutations across publicly available data and targeted compliance databases in relevant languages and local search engines. After creating the most exhaustive possible dataset for analysis, entity resolution refines the data pool to remove false positives. Multiple generative AI tools are then used to build a structured intelligence report with full citations to original sources and an audit trail.
The DeepDive report covers personal background, legal issues, financial integrity, compliance history, and key relationships, revealing financial insight, known associates, locations, company linkages, political connections, and criminal activity—all structured for immediate analysis.
The post DeepDive launches AI platform to strengthen Enhanced Due Diligence for gaming operators’ anti-money laundering efforts appeared first on European Gaming Industry News.
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The partnership will ensure racing fans can continue to experience uninterrupted access to high-quality Hong Kong racing content across Singapore, Malaysia and the wider Asia region. iRace readers and customers will have access to expert guides, results, tips and trusted analysis from one of the world’s premier racing jurisdictions.
Scott Bailey, Commercial Manager, iRace Media says:
“Hong Kong is a benchmark for racing globally; it’s fast, competitive and deeply followed throughout Asia. iRace has collaborated with the Hong Kong Jockey Club for many years now to deliver a trusted experience for racing enthusiasts, and we are thrilled to build on the accuracy, depth and speed that fans have come to expect.”
iRace Media’s extended partnership with the HKJC will explore new ways to enhance the racing experience through its digital platforms, offering real-time insights and driving fan engagement across the Asia region.
Get set for the new season by visiting the iRace website and register for free to access trusted editorial and data-driven racing coverage.
The post iRace Media extends partnership with The Hong Kong Jockey Club in Asia appeared first on European Gaming Industry News.
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