Online Gambling is any kind of gambling conducted over the internet, including virtual poker, casinos, and sports betting. It has been around for more than 20 years, with the first online casino opening in October of 1994. While many countries restrict or ban the practice, it is legal in some states of the United States, most provinces of Canada, and several countries in the European Union.
Online casino websites must be licensed in order to operate legally. In addition, they must comply with AML/KYC regulations and display these rules on their websites. They must also provide their players with a secure gaming environment. In order to do so, they must use encryption technology and random number generators (RNG) that are regularly audited by reputable third parties.
In order to attract players, online casinos must offer a large library of games and competitive bonuses. In addition, they must use cost-effective marketing strategies to promote their sites. This includes running Google Adword campaigns and hiring SEO experts to optimize their sites for search engines.
Fraud is a major problem for online gambling operators. It can cost them a significant amount of money in chargebacks, lost bonuses, and time spent chasing bad players. To minimize fraud, it is important for online casinos to have a reliable KYC/AML solution like SEON. This tool can help them save time and money by acting as a pre-KYC check and weeding out obvious fraudsters from the get-go, streamlining onboarding for legitimate users.