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Online Casino Conditions >>> Betting News >>> April News


Online eWallet, UKash Expanding Throughout UK and Europe

by Colby Lewis, News Staff
Writer      Bookmark with del.icio.us
April 11, 2007
 

Britain-based internet eWallet, UKash, which is widely used at UK online casinos, has issued a press release announcing the company's continued expansion throughout Europe. Largely innervated in the British, Irish, Spanish and German online gambling market, UKash has now infiltrated sixteen more European countries, including Italy, France, Finland, Portugal, Austria, Norway, Denmark, Poland, Czech Republic, Latvia, Estonia, Slovakia, Belgium, Netherlands, Hungary and Sweden.

With many countries in Europe making motions to follow the lead of the United Kingdom and embrace the regulation of the online gambling industry, the future of UKash is looking bright. UKash is already widely recognized and used in Germany, Ireland, UK and Spain. The vast majority of legitimate regulated online gambling sites doing business in Europe accept and encourage players to deposit their gaming funds with UKash vouchers.

Giant gaming operators like Ladbrokes, 888, Bwin and Party Poker, not to mention the popular online phone service, Skype, have all contributed to the widespread use of UKash in Europe. UKash is now planning to ride the wave of European online casino gambling expansion and use their ongoing relationships as well as future one's with leading gaming sites to tap into practically the entire gambling sector of Europe. The company is currently making plans and efforts to expand into 28 countries in Europe.

UKash is the brand name of Smart Voucher Ltd., which is regulated as an electronic money institution by the UK Financial Services Authority. The company was started by the founders of the Switch payment card and is headquartered in London. A no-fee, no-credit card service, UKash offers an easy alternative to online gamblers who prefer making cash deposits and who may not own a credit card or bank account.

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