Anti–Money Laundering Regulations in Royal Reels Casino

Updated date: 25.12.2025

To comply with relevant rules, regulations, and global standards, Royal Reels Casino has implemented a set of procedures that it adheres to when delivering services to account holders. These procedures encompass a range of criteria, such as customer due diligence, know your customer, the money laundering reporting officer, risk management, risk classification, monitoring of account holder activities, reporting of unusual transactions, and recordkeeping.

Risk Management & Risk Classification

Royal Reels Casino adopts a risk-based approach to effectively detect and prevent any potential risks, such as money laundering, terrorist financing, or fraudulent transactions, associated with its clients.

RoyalReels’ risk classification framework includes two categories:

Low Risk

All players are classified as low risk, and they are subject to standard due diligence procedures, including the provision of Know Your Customer (KYC) documentation as per the process described above and constant monitoring of account activities.

High Risk

The player’s activity is the primary factor in determining the high-risk classification. If an automated alert has been generated or inappropriate activity has been detected, the player will be classified as high risk, and an enhanced due diligence procedure will be followed. Some instances that may warrant a high-risk classification include but are not limited to those mentioned above.

Customer Due Diligence at Casino RoyalReels

Know Your Customer (KYC)

Identification & Verification

In accordance with international standards and local laws, it is essential for a company to have knowledge of its clients. A robust Know Your Customer (KYC) policy and procedure are critical in safeguarding the stability and security of a company and the financial system. To this end, Royal Reels Casino has put in place the following procedures:

KYC Information Request

No individual is permitted to participate in a game involving money unless he or she has registered and been provided with a Player Account. Only one Player Account is allowed per person, family, and shared environment. To register as a player, the individual must provide the following KYC information:

  • Date of birth along with valid identification showing that he or she is over eighteen (18) years of age or the applicable legal age of majority as stipulated in the jurisdiction of your residence. The identification documents that must be submitted include a copy of a valid passport, copy of other identification paper, and a proof of address.
  • Player’s first and last name.
  • Player’s full residential address.
  • Player’s valid email address.
  • Payment details.
  • A username and a password.

Upon registration, a geographical location check is performed on the applicant’s computer IP to ensure that the individual is in a permitted jurisdiction. If the applicant is not in a permitted jurisdiction, he or she will not be allowed to proceed with the registration process. Royal Reels Casino then reviews the information provided and may request additional documentation to verify the information provided. The Player Account may be put on hold until satisfactory information is received or terminated if Royal Reels Casino finds the information contained in the Player Account to be false or misleading.

Royal Reels Casino reserves the right to refuse to open or close a Player Account at its discretion following a review of the provided KYC information.

Log in details

Sharing login details to access the system with a third party is strictly prohibited for Players. Royal Reels Casino retains the right to cancel a Player Account without issuing a refund if the login details have been disclosed to a third party.

Due Diligence

Standard Due Diligence

In order to verify the identity of the Player, Royal Reels Casino requires certain information such as a valid passport or a driver’s license, as well as a recent copy of a utility bill or bank statement. This process can be conducted during onboarding, upon a withdrawal request, or any time at the discretion of company.

Royal Reels Casino also reserves the right to conduct phone verifications of the Player Account. If the verification is unsatisfactory due to fake, false, incorrect, misleading, non-existing, or unverifiable details, Royal Reels Casino may close the Player Account and confiscate any winnings.

Enhanced Due Diligence

Enhanced Due Diligence is a higher level of scrutiny and verification conducted on Players who are classified as High Risk. Royal Reels requests additional KYC information, which may include a driver’s license or valid passport, a selfie of the Player holding the identification document, a recently issued utility bill or bank statement, a bank statement showing the initial deposit, and a bank statement no older than three months. Information regarding the source of wealth may also be requested.

Enhanced Due Diligence is applied in the following instances:

  • if the Player is a national of a High-Risk Country or residing in a Non-reputable or High-Risk Jurisdiction;
  • upon suspicion of a Player attempting to create multiple Player Accounts;
  • upon suspicion of Player(s) colluding to gain an advantage over casino;
  • upon suspicion of the Player being a politically exposed person (PEP);
  • at the detection of irregular, suspicious, inappropriate, or fraudulent activity;
  • anytime at the discretion of RoyalReels Casino.

If Royal Reels Casino is unable to verify the identity of the Player, it reserves the right to put the Player Account on hold or terminate it if information is false or misleading.

The Money Laundering Reporting Officer (MLRO)

The MLRO plays a critical role in ensuring compliance with anti-money laundering and counter-terrorism financing regulations. The MLRO oversees the review and monitoring of KYC information and Player Account activities and ensures RoyalReels’ KYC policy is adhered to, reviewed, and updated.

Monitoring of Account Holder Activities at RoyalReel

Designated personnel review and monitor Player Accounts. If suspicious activity is detected, the Player will be classified as High Risk and enhanced due diligence procedures will be implemented.

Multiple Accounts

Casino closely monitors for multiple accounts and reserves the right to suspend, investigate, withhold winnings, or close accounts if violations are detected.

Transactions using Cryptocurrency

Cryptocurrency transactions on this platform require that the first deposit be made with cryptocurrency. It is not authorized to sell, buy, or exchange cryptocurrency with FIAT currency. To comply with regulations, RoyalReels must collect and verify the Player’s identity.

The Master License Holder requires RoyalReels to provide proof of balance and solvency, keep cryptocurrency in a separate account, and disclose exchange rates.

Security Review

Royal Reels Casino reserves the right to verify identity and registration data and may engage third-party agencies to conduct verification checks.

Reporting of Unusual Transactions

Casino will report suspicious transactions to the Financial Intelligence Unit (FIU) in Curaçao through the MLRO.

Recordkeeping

Royal Reels Casino maintains records for at least five years and may provide them to authorities as required by law.

Staff Due Diligence

To maintain high levels of integrity, company follows a rigorous recruitment and verification process for all staff.