Online Gaming regulation solution



WebPicID verifies the identity of online customers.

Identity theft losses are eliminated.

Organizations using WebPicID are compliant with KYC and AML regulations.



Allow any online gaming site to apply for a federal licence in every country that it wants to operate.

They must have a bank account in the country to hold funds belonging to players.

They pay income tax based on the revenue from revenue generated for that country?s citizens.

They must provide a list of the beneficial owners of the gaming site.

Update this list within 1 week any time changes are made

They must provide a list of the directors of the corporation that owns the gaming site.

Update this list within 1 week any time changes are made

A list of the websites the organization operates.

There is a fee per website and a licence for each website.



All payments purchasing chips or casino credits are subject to a luxury tax.

The tax rate % can be decided by the government.

Historically; individuals who gamble online will easily pay a 5% currency exchange fee for chips.

A 5% luxury surcharge tax would be taken in stride.

Divide the luxury tax between the provinces and the states that sign on to the online gaming act agreement as follows

50% to the federal government

15% to all of the states and provinces equally not on a per capita basis

If you have 50 states each state get 1/50th or 10 provinces and 3 territories then they each get 1/13 of the revenue.

15% to the states and provinces and territories that sign the online gaming act agreement for each resident that gambles.

10% to the department that regulates and over sees the gaming industry.

10% to the country of foreign nationals that agree to a reciprocal agreement with the federal government.

If the country of the foreign national is not a participant they the funds are held by the federal government and disbursed annually internally to the federal and state or provincial governments.

The process for identifying players



VISA and MasterCard credit cards can be used by anyone one with the card.



For AML purposes the online casino must verify the identity of the individual making a purchase every time.

Yes this will slow don the process.

It will not lose any customers that the casino wants and all casinos must be compliant.



Anyone can get a credit card; the basic or primary card holder just adds a name for a supplementary card holder.

This person does not need to exist and can be a pet in some cases.

ID is not shown to the credit card company when the person applies for the card.

This is the easiest way to launder money.

In Canada credit cards are exempt from FINTRAC reporting and identification guidelines.

In other countries there are no guidelines about identifying credit card users.



The idea is to avoid the embarrassment of a 14 year old wining a $1 million dollar online poker tournament.



The customer must prove their identity every time the make a purchase.



WebPicid.com provides this service and eliminates losses due to Identity Theft





