Anti Money Laundering

1.As soon as the Player opens an account with Casino Riva, then the player is agreeing to abide by all the rules and regulations relating to Anti-Money Laundering that are in place in Malta and throughout the EU. In short, the Player binds himself not to use funds that are, in any way whatsoever, the proceeds of crime.

2.Players may not use the Casino Riva's services in any way directly or indirectly associated with money laundering.

3.If the player does not respect these rules and regulations then the Casino Riva  may suspend the player's account pending investigation.

4.The process for the registration of players is provided for under the General Terms and Conditions. This provides for the due diligence process that mayshall be carried out by Casino Riva on the player's accounts.  The due diligence procedure is carried out for the purposes of the prevention of money laundering.

5.Before any opening of account there must be registration by the players which involves the provision of accurate details to Casino Riva. It is the player's responsibility to immediately provide Casino Riva with updated information to any information provided at the initial account opening stage.  When opening an account, the player may be requested to provide proof of identity. Casino Riva has the discretion to verify creditworthiness of a player with third parties who previously provided any information on the Player.  

6.If Casino Riva becomes aware that a person has provided false information when providing due diligence documents, then Casino Riva shall not register such person and where that person has already been registered, the Casino Riva  shall immediately cancel that person's registration as a player with the Casino Riva.

7.No person under eighteen years of age may be registered as a player and any funds deposited or any money won by any such persons shall be forfeited to the Authority.

8.The Casino Riva  shall, at all times, keep a secure online list of all registered players.  Any one individual  can only register a single account with Casino Riva and multi-account practices are strictly prohibited.

Anonymous Accounts

9.Casino Riva shall not open anonymous accounts or accounts in fictitious names such that the true beneficial owner is not known.

10.Casino Riva reserves the right to examine with special attention, and to the extent possible, the background and purpose of any complex or large transactions and any transactions which are particularly likely, by their nature, to be related to money laundering or the funding of terrorism.

11.Payments of winnings or refunds shall be transferred back to the same account from which Player had made the original transfer in the first place.

12.Casino Riva shall not accept a wager from a player unless-

(i)a player's account has been established in the name of the player and there are adequate funds in the account to cover the amount of the wager; or

(ii)the funds necessary to cover the amount of the wager are provided in an approved way.

Maximum limit of payment out of player's account

13.Casino Riva shall not make a payment in excess of one thousand Maltese Lira (Lm 1,000) out of a player's account to a player until the player's identity, age and place of residence have been verified and is supported by documentation.

14.If no transaction has been recorded on a player's account for thirty months, Casino Riva shall remit the balance in that account to the player, or if the player cannot be satisfactorily located, to the Lotteries & Gaming Authority.

Cash

15.Casino Riva cannot accept cash from players and funds may be received from players only by any of the following methods-

(i) credit cards

(ii) debit cards

(iii) electronic transfer

(iv) wire transfer

(v) cheques

(vi) any other method approved by the Lotteries & Gaming Authority.