Legibility, User Experience, Significance of Codes
The colors are not easily readable and imply danger (red and yellow are colors of caution and danger).
The user does ont feel confident on this page. There are many mandatory questions before being able to play a game, which complicates the membership process.
Calm and reassure the user.
Change the colors and inverse them: white background and black text (the text will be more readable).
Take the perception of users into account.