Compliance
Definition
The function responsible for meeting regulatory obligations across licensing, AML, responsible gambling, advertising standards, and reporting.
Why it matters
Related terms
- AML (Anti-Money Laundering)Compliance
The body of regulation, internal policy, and tooling operators must implement to detect and prevent the use of gambling products to launder the proceeds of crime.
- Responsible GamblingCompliance
The operator-level discipline and regulatory framework around preventing and mitigating gambling-related harm. One of the largest and fastest-evolving compliance functions.
- KYC (Know Your Customer)Compliance
The identification, verification, and risk assessment of players, performed at onboarding and refreshed periodically. The foundation of AML compliance and one of the largest sources of conversion friction.
- LicenseRegulatory
The legal authorization to conduct gambling activity in a jurisdiction, issued by the relevant regulator after a defined application process.