Online Casino Banking Changes
By: CasinoAdvisor.com, Thursday June 12th 2008
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Online gambling is taking some hits in the recent months. Regulations regarding operations are being changed in a variety of ways. In fact one of the newest regulations is the change to the online banking systems that USA is allowed to use. In recent months the USA players are no longer allowed to use deposit methods such as Neteller, instadebit, pay/ spark, citadel, or ecocard.
If you live in Canada you will be banned from using Neteller for your deposits. The changes are to help online casinos stay above board, but for many this could be the death of their websites if they don't change over. Luckily there are options that are allowed by the USA players. These deposit methods will hopefully be implemented on the majority of online gambling sites.
Part of the issues with the online casino banking is that there are not a lot of casinos a USA person can play at to begin with. The states in the US tend to regulate very heavily where you can live to gamble online. With the new changes needed some of these places are in for a hard time.
The newest online casino banking change comes with Click2Pay. This is a new method of payment in which you must deposit money into the online casino after going through the Click2pay option. In fact it is even looking like the new Click2Pay option is going to rule out the USA players as well. According to the news new accounts that are being opened by American residents are now closed. If you obtain a click2pay account before this new mandate you are still able to use the option.
Click2Pay is a lot like online sites such as Paypal in which you must transfer money from your checking account into the click to pay before you can actually make a deposit. With these many changes it is hard to know what could be next.
For those who live outside the US you are safe from the many account deposit options that are restricted. You still have the old neteller, instadebit, payspark, citadel, and even the click to pay option.
It is hard to know where things will go from here, but we can say there are new payment methods for online casino banking cropping up in the near future. It is your choice. When you try to find an online casino you will need to check on their online banking systems before you register. This will help you get an account that you can use rather than something in which you can't make a deposit.
Other methods of banking can be found in Credit Cards, E wallets, and even Paytru. As the consumer it is up to you to stay on top of the news and choose the correct place to play online gambling games. In fact in the news suggestions you should do live chat casinos in order to ask before hand about payment methods and whether or not you can even gamble at a site.
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