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Online Casino Conditions >>> Betting News >>> May '07 News


Roxy Palace Online Casino Ceases Business With U.S. Players

by Ryan O'Donnell, News Staff
Writer      Bookmark with del.icio.us
May 31, 2007
 

U.S. players are getting another blow now that another trustworthy and experienced online casino has withdrawn from the market. The latest exiting from the U.S. facing online gambling sector is none other than the highly popular Roxy Palace Casino. While the withdrawal does not reflect badly upon the business operations of Roxy, some of the online casinos loyal American players are a little peeved about what they are calling a lack of notification. The date for Roxy's complete withdrawal is set for June 1, 2007, which certainly gives their current U.S. players a run for their money in a matter of speaking, as players scramble to close out their account and withdraw funds from the casino cashier.

What many players do not understand is that following the passing of the Unlawful Internet Gambling Enforcement Act, getting funds transferred to and from U.S. players has been a constantly evolving process. While it has been working for the most part, things have started to get rocky as more and more financial institutions close their doors to U.S. online gambling funds. Players should be thankful that Roxy is taking the initiative to close their doors before any money is seized and players are left without their rightful winnings. The call for such short notice is due to the the recent breakdown of the fund transfer process, which Roxy Casino has no control over. True to Roxy's reputation for providing excellent customer service, they are handling the situation in as responsible and efficient manner as possible.

To give Roxy even more just credit, they have steadily been withdrawing focus from the U.S. market and have been promoting themselves much more actively in the British and European markets, which is precisely why their withdrawal from the U.S. will not cause considerable trauma to their annual revenues. Apparently, U.S. players now only make up an inconsequential amount of Roxy Casino's total revenue. Instead, Roxy is focusing its three sites - Roxy Palace, Roxy Poker and Casino Splendido on pulling in players from the French, Italian, German and Dutch markets, with many other European markets to come soon.

Much of this growing European player source can be attributed to the online casinos network of affiliates working to bolster Roxy's player presence in countries other than the the U.S., which is good to see given the sharp contrast of where the income flow had been previously coming from, and that most affiliates had been toiling to establish themselves in the then-massive U.S. online casino market. But with eleven U.S. States making online casinos illegal, it is evidently a logical choice for Roxy to shift onto the burgeoning European and Asian markets.

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