The amount of fraud the casinos are subjected to IS staggering. I dont believe most of us have any idea how bad it really is as the casinos are reluctant to release such figures.
The vast majority of the fraud is by highly organized groups and it runs the gamut of stolen credit cards, fake addresses and IDs and even outright extortion. The casinos have to protect their assests through stringent checks and balances and as partners we should understand the situation they are placed in.
I have no problem with them requiring verifiable forms of ID for cash outs over $1000. This is NOT an excessive requirment and I dont think there is much that can, will or even should be done to change this policy. I think BB1s idea of a verfication phone call is a good idea and could help reduce SOME red tape, but lets face it, the casinos CANT just authorize every large cash out without proper verification procedures in place.
That being said, I DO agree that the bonus requirements imposed by many casinos are a source of confusion and frustration for players and certainly can make it appear that the properties do no want them to cash out legitimate winnings. This is something that should be addressed.
I think these are seperate issues though and not related. We should tackle each one seperately in my oppinion.