text: WARNING! The following post has been rated N. But that shouldn’t really be a problem, nu? This morning, there was some (very minimal) discussion on Twitter regarding the American Jewish Christmas Tradition of going out to a movie and a Chinese restaurant. My wife — not a native-born member of the tribe — was puzzling […]
  RickHorowitz.com exists as a kind of “umbrella site” to tie together and showcase my various websites, interests and activities. You may not care much about these things, and that’s fine by me. I built this site primarily “because I can” and I wanted another website challenge. Here you’ll find information about and links to other […]
  
  Wilder Wholesale- the official online wholesaler of Ridin' Dirty products We are pleased to announce that in addition to our retail website, the Ridin' Dirty wholesale collection is now also...
  
  A global rise in the gaming industry has provided a means of opportunities not only for the players but also for criminals. This has resulted in criminal exploitation, as it’s becoming difficult to regulate the industry.
  While individual businesses might fail, the online gaming industry continues to increase as a whole. Although through proper use of maths, psychology, and clever marketing tactics, online gambling is turning out profits for skilful and smart gaming industries. However, there is one downside, customers who lose money are more than the ones who make money. Most often, these gaming companies are accused of rigging, when people tend to lose their money. For this reason, gaming companies must provide proof that they are running a legitimate business by validating it through an AML program.
  According to Horizon Fintex, “Global gambling companies are expected to double in size by $94 billion from 2016 to 2024”.
  Cybercriminals are always finding ways to outsmart online gaming platforms. One way that criminals tend to use is laundering money through the system. Most often criminals play smart to obscure the link from where the funds are generated. To prevent such malicious activities, it has become necessary for the gaming industry to implement a comprehensive AML compliance program to prevent money laundering. It would also ensure that good business practices are being followed to keep criminal activities at bay.
  Cybercriminals usually conceal their source of income by depositing money in one account and withdrawing it from a legitimate account.
  Tracking down billions of dollars that are made through gaming platforms requires effective and efficient methods. So, the real question is how does online gambling or gaming platforms ensure that their source of income is above the boards?