The online betting industry faces a growing threat: VIP player fraud. In many cases, high-stakes accounts are used by individuals gambling on behalf of others often to disguise the true origin of funds.

This creates a perfect storm for money laundering and reputational damage. Regulators are tightening their scrutiny, requiring operators to verify not only identity but also source of wealth and transactional patterns.

The old “checkbox” approach to compliance no longer works. Operators need dynamic risk scoring and behavior analytics to detect when a user’s profile doesn’t match their financial activity.

How snapID supports:
snapID combines identity verification with ongoing AML transaction monitoring. Our AI-based risk engine flags unusual betting patterns, multiple account linkages, and inconsistencies in source of funds — protecting platforms and players alike.