Regulatory bodies play a vital role in ensuring the fairness and integrity of online gaming. These organizations work to regulate the industry and protect players from unfair practices.
One of the main ways regulatory bodies protect players is by licensing online gaming sites or operators. This process involves a detailed evaluation of the operator's games and staff, to ensure that they meet specific standards. Licensed operators are required to follow certain guidelines, and are subject to regular audits and checks to ensure adherence.
Regulatory bodies also work to prevent exploitation. They implement strict Anti-Money Laundering (AML) policies. These policies require operators to obtain accurate customer information, mega888 and to track account activity for suspicious activity.
Another important aspect of regulatory body function is the provision of dispute resolution processes.
