1. Introduction
Wildz Casino, operated at extraordinaryadventureshawaii.com, is committed to preventing and detecting all forms of money laundering and the financing of terrorism in accordance with international standards and local laws, including applicable legislation in New Zealand.
This Anti-Money Laundering (AML) Policy outlines our approach to safeguarding our platform, customers, and financial systems from abuse by criminals attempting to disguise the origin of illegally obtained funds.
2. Our AML Commitment
We strictly prohibit:
- Money laundering
- Financing of terrorism
- Use of the casino platform for illegal financial activities
Wildz Casino has implemented internal controls, staff training, and customer due diligence procedures to detect, deter, and report suspicious behavior or transactions.
3. What Is Money Laundering?
Money laundering involves:
- Placement – Introducing illegal funds into the financial system.
- Layering – Obscuring the origin of the money through complex transactions.
- Integration – Making the money appear as if it were legitimately earned.
Online gambling platforms like ours can be targeted due to the ease of financial transactions. Therefore, strict monitoring and verification procedures are in place.
4. Customer Due Diligence (CDD)
We conduct comprehensive identity verification and screening on all players, including:
- Full name
- Date of birth
- Residential address
- Valid government-issued photo ID
- Proof of address (e.g., utility bill)
- Source of funds (when required)
CDD is performed:
- Upon registration
- Before the first withdrawal
- If suspicious activity is detected
- If required by law or regulators
Failure to provide sufficient documentation may result in account suspension or closure.
5. Enhanced Due Diligence (EDD)
For high-risk users or transactions (e.g., large deposits, international transfers), we implement Enhanced Due Diligence, which may include:
- Additional identity verification
- Proof of income or source of wealth
- Ongoing monitoring of account activity
- Review of political exposure (PEPs)
6. Monitoring and Reporting
We maintain a robust system for ongoing monitoring of player accounts and financial activity. We may investigate and report any suspicious transactions to the relevant financial intelligence unit (FIU).
Indicators of suspicious activity may include:
- Sudden large deposits or withdrawals
- Use of multiple accounts by the same individual
- Avoidance of verification procedures
- Unusual patterns inconsistent with typical gambling behavior
Wildz Casino reserves the right to delay or block any transaction if deemed suspicious or non-compliant.
7. Record Keeping
We maintain detailed records of all:
- Customer identification and verification
- Financial transactions
- Suspicious activity reports (SARs)
- Communication related to AML procedures
These records are securely stored for a minimum of 5 years in accordance with AML regulations.
8. Training and Awareness
All relevant employees at Wildz Casino undergo AML training to ensure:
- Familiarity with AML regulations and internal procedures
- Ability to identify and report suspicious activity
- Understanding of the consequences of non-compliance
Training is reviewed and updated regularly.
9. Cooperation with Authorities
Wildz Casino cooperates fully with law enforcement and financial regulatory bodies. Upon request, we will provide all necessary information and documentation to assist with AML investigations.
10. Sanctions and Prohibited Jurisdictions
Wildz Casino does not accept players from countries or regions subject to international sanctions or those deemed high-risk by the FATF (Financial Action Task Force). Transactions from or to these regions are automatically blocked.
11. Policy Enforcement
Any customer found to be involved in money laundering or related criminal activity will have their account immediately closed, funds frozen, and the matter reported to the relevant authorities.
12. Contact Us
If you have any questions regarding this AML Policy, please contact our compliance team at:
📧 [email protected]
📍 Wildz Casino, 1 Peel Street, Gisborne 4010, New Zealand
