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Old 02-10-2018, 09:26 PM   #5
Augenj
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Join Date: Mar 2013
Location: Las Vegas, NV
Posts: 12,303
Quote:
Originally Posted by toddbowker View Post
Well technically speaking, collecting and verifying a US customer's SSN is required by every US jurisdiction as a condition of getting licensed. It's a regulatory requirement, and at least in Oregon, we do get audited for compliance.

It's also required by the Federal government when it comes to anti money laundering issues, specifically filing FinCen reports.

For the customer's benefit, it allows you to get paid instantly whenever you have a "signer". Otherwise your money would be held outside your wagering account until it was sent in. Not to mention, we actually get fined by the IRS if we send in incorrect data on the W2G.
Your point is well taken. It's just that my SSN is out there one more time in the wild when insecure servers are hacked. They may be secure in the ADWs mindset but not in mine or your average kiddie-script hacker.
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