Anti-Money Laundering Policy

At MagicSpins Casino, we are committed to maintaining a safe, transparent, and responsible gaming environment. This Anti-Money Laundering (AML) Policy explains the measures we apply to prevent money laundering, terrorist financing, fraud, identity theft, and other illegal or abusive activity on our platform. MagicSpins Casino, established in 2026, applies internal controls and compliance procedures designed to protect both the business and its players in New Zealand and other supported jurisdictions.

By registering an account and using magicspins.co.nz, players acknowledge and accept that the casino may carry out identity verification, source-of-funds checks, payment reviews, account monitoring, and other compliance actions where required.

Our AML Commitment

MagicSpins Casino takes a zero-tolerance approach to money laundering, terrorism financing, and financial crime. We are committed to identifying suspicious activity, preventing misuse of our services, and complying with applicable legal, regulatory, and licensing obligations. Our AML framework is designed to detect irregular patterns, verify player identity, monitor transactions, and report suspicious behavior when necessary.

We reserve the right to refuse, restrict, suspend, or close accounts where there is reason to believe that the account is being used in connection with unlawful conduct or in breach of this AML Policy.

What Is Money Laundering?

Money laundering is the process of disguising the origin of illegally obtained funds so they appear to come from legitimate sources. In online gambling, this may include depositing funds acquired through crime, moving money through gaming transactions without genuine play, or using multiple accounts or payment methods to obscure the source or destination of funds.

MagicSpins Casino actively works to prevent the platform from being used for any such purpose.

Player Verification and KYC

As part of our Know Your Customer (KYC) procedures, all players may be required to verify their identity before making withdrawals, after reaching certain transaction thresholds, or whenever compliance concerns arise. Verification helps us confirm that the account is being used by the registered individual and that the funds involved are legitimate.

Players may be asked to provide one or more of the following documents:

- Proof of identity, such as a passport, national ID card, or driver licence;
- Proof of address, such as a utility bill, bank statement, or official government correspondence;
- Proof of payment method ownership, such as a masked screenshot of an e-wallet, card, or payment account;
- Proof of source of funds or source of wealth where enhanced due diligence is necessary.

All submitted documents must be valid, clear, and match the details registered on the player account. We may request updated or additional documentation at any time.

Age Restrictions

MagicSpins Casino does not permit underage gambling. The platform is intended only for players who are at least 18 years old, or the minimum legal gambling age in their jurisdiction, whichever is higher. Any account suspected of belonging to an underage person may be suspended immediately pending investigation.

If we discover that an account has been opened or used by a minor, the account may be closed, winnings may be voided where permitted, and relevant steps may be taken in accordance with applicable law and our internal procedures.

Transaction Monitoring

We monitor deposits, wagering activity, withdrawals, and account behavior to identify unusual, inconsistent, or suspicious transactions. This includes reviews of patterns that may indicate attempts to launder funds or misuse the platform for non-gaming purposes.

Examples of activity that may trigger a review include:

- Deposits and withdrawals with little or no genuine gameplay;
- Frequent use of different payment methods without clear justification;
- Large or irregular transactions inconsistent with normal player activity;
- Use of accounts, devices, IP addresses, or payment details linked to other users;
- Attempts to avoid verification procedures or provide misleading information;
- Activity suggesting chargeback abuse, fraud, collusion, or bonus abuse.

Where such activity is detected, MagicSpins Casino may place temporary restrictions on the account while a compliance review is completed.

Source of Funds and Enhanced Due Diligence

In some cases, we may require players to provide information about the origin of funds used on the platform. This may be necessary for higher-value transactions, unusual account activity, risk-based reviews, or where required by our internal compliance standards.

Acceptable evidence of source of funds may include salary statements, bank records, business income documents, sale agreements, inheritance documentation, or other records that reasonably demonstrate the legitimate origin of the funds. Failure to provide satisfactory documentation may result in delayed withdrawals, account restrictions, or account closure.

Payment Rules

To support AML compliance and protect players, MagicSpins Casino generally requires that withdrawals be made using the same payment method used for deposits, wherever technically possible. We may also limit or refuse transactions where payment details do not match the verified account holder.

The casino supports a range of payment methods, including AstroPay Card, AstroPay Direct, Bank Transfer, CashtoCode, EcoPayz, Flexepin, Jeton, Neosurf, Neteller, and Skrill. Availability of methods may vary by jurisdiction, account status, and verification outcome.

We do not allow the platform to be used as a banking facility. Accounts must be used for genuine entertainment and gaming activity only.

Prohibited Conduct

The following conduct is strictly prohibited at MagicSpins Casino:

- Using funds derived from illegal activity;
- Opening accounts under false, stolen, or misleading identities;
- Using another person’s payment instrument or account without authorization;
- Creating multiple accounts to conceal transactions or circumvent restrictions;
- Engaging in gameplay solely to transfer, recycle, or disguise funds;
- Attempting to bypass security, verification, or monitoring procedures;
- Providing forged, altered, or misleading documents.

Where prohibited conduct is identified or reasonably suspected, we may suspend gameplay, block transactions, retain balances pending review where permitted, and take any other action considered necessary under our Terms and legal obligations.

Account Suspension and Reporting

MagicSpins Casino reserves the right to suspend, restrict, or permanently close any account if AML concerns arise. During an investigation, withdrawals may be delayed and access to certain services may be limited until the review is complete.

Where we are legally or regulatorily required to do so, we may report suspicious activity to the appropriate authorities or bodies. In such circumstances, we may be prohibited from informing the player about the existence or status of any report or related investigation.

Record Keeping

We maintain records relating to identity verification, transactions, account activity, and compliance reviews for a period considered necessary under applicable legal, regulatory, operational, and licensing requirements. These records help us support investigations, respond to lawful requests, and demonstrate compliance with AML obligations.

Risk-Based Approach

Our AML controls are applied on a risk-based basis. This means that some players, transactions, payment methods, jurisdictions, or account behaviors may be subject to enhanced review depending on the level of perceived risk. We continuously assess and update our controls to respond to emerging threats and operational requirements.

Data Protection and Confidentiality

Any personal information and documents collected for AML and KYC purposes are processed in accordance with our Privacy Policy and applicable data protection standards. Information is accessed only by authorized personnel or trusted service providers who need it for compliance, security, verification, or legal purposes.

We take reasonable steps to protect submitted data, but players are responsible for ensuring that the information they provide is accurate, current, and complete.

Player Responsibilities

By using MagicSpins Casino, players agree to:

- Provide accurate registration information;
- Cooperate with identity and payment verification requests;
- Use only payment methods registered in their own name where required;
- Ensure that all funds used on the platform come from lawful sources;
- Refrain from any conduct that may breach AML, fraud, or security rules.

Failure to meet these responsibilities may lead to account restrictions, delayed transactions, or account closure.

Policy Updates

MagicSpins Casino may update this Anti-Money Laundering Policy from time to time to reflect changes in legal requirements, licensing standards, operational practices, or risk management procedures. The latest version published on the website will apply from the date of posting unless otherwise stated.

Contact Information

If you have questions about this AML Policy or our verification procedures, you may contact MagicSpins Casino through our customer support channels. Support is available 24/7 via chat and email.

Website: magicspins.co.nz
Brand: MagicSpins Casino
Established: 2026
License: AOFA - Anjouan