Reports Show Online Casinos
Accepting U.S. Players
by Mike
Harrison, Strategy and Games
Writer
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Industry statistics show US players are successfully
finding online casinos to open accounts with, are
continuing to gamble online in safe web
environments, and are getting paid their winnings.
Things apparently are just taking longer than
normal.
What has happened as a result of the Unlawful Internet Gambling Enforcement
Act is that U.S. banks, credit cards and financial institutions are blocking
payments to and from online gambling companies. While there has always been ways
around this via third party eWallets, such as Neteller and Click2Pay, most of
these alternative deposit methods have stopped doing business with U.S. players.
Several online casinos and software companies have likewise backed out of the
industry. However, statistics show that just as many - if not more -
gambling sites are keeping their doors open to U.S. citizens who make up nearly
half of the $258 billion/year internet betting industry.
What is apparently happening is that those companies who have decided to keep
doing business in the U.S. are having to completely revamp their banking
structures with offshore accounts. Since they are no longer dealing directly
with U.S. financial institutions, the time it takes to process deposits and
withdrawals is apparently taking longer than what it used to. The bottom line is
that U.S. citizens are finding casino sites to gamble online, and are getting paid.
Those U.S. gamblers who are going to bet on the Web
anyways are being advised to seek out properly licensed and regulated
gaming sites. This includes only those sites using reputable gambling software, such as Vegas Technology, Real
Time Gaming and Microgaming, and who are also regulated by reputable offshore
governments, such as Antigua and Barbuda, Kahnawake, Gibraltar and Netherlands,
Antilles.
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