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by luckylion 1234 days ago
> I guess it all depends on the companies leaders as to what they want to risk.

That's my experience as well. I've never worked in banking, but I've worked with igaming companies before, and some are basically ignoring regulation and will just stop something if a regulator catches them while others are 100% by the book.

I've once asked the COO of a fully compliant company why they're competing with their hands tied behind their back and his reply was simply "because I don't want to go to jail". I'm guessing the folks at other companies had a different risk-reward analysis.