Online Casinos Accepting More Credit Card
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by Edward Rogers, News Staff Writer
September 13, 2009
If you've been
around long enough, or perhaps I should say, gambling
online long enough, you would surely know just how
finicky it has been in the past for U.S. citizens to use
credit cards for making deposits at online casinos.
Before the passing of the Unlawful Internet Gambling
Enforcement Act (UIGEA), there was no problem
whatsoever. However, post UIGEA, using credit cards at
online casinos has become a tricky matter.
These days, while
you might think it would be even more difficult to use
credit cards, considering how long the UIGEA has been in
"operation", it has apparently gone the other way.
According to recent reports, no to mention testimonials
direct from U.S. facing online casinos, credit card
processing has actually become easier. Casinos such as
Cherry Red and
Golden Casino make no qualms whatsoever about
letting the general public know they have the ability to
process U.S. credit cards.
Being fully
regulated offshore destinations, these online casinos
truly make for havens in the eyes of U.S. players,
especially those players who know the difference between
a sham establishment and one that is truly regulated. In
other words, casinos that offer fair odds and can
guarantee safety in processing gambling funds.
As for the credit
card companies, unless you're American Express, the
business is simply too good to pass up. In many ways,
there's really nothing the credit card companies can do,
as evidenced by the American Banking Association's
strong resistance to taking up the slack of the UIGEA
and creating ways of identifying "legitimate" online
gambling transactions, which is essentially the crutch
of the matter. The UIGEA doesn't ban all forms of online
gambling - just some. Many would say the one's it finds
to be a threat to lobbying land-based gambling
interests.
The fact of the
matter is that "responsible gaming practices" are
ultimately the responsibility of the online casino and
player. For those players who are prone to addiction and
who begin to demonstrate problem gambling behavior,
i.e., maxing out credit cards, online casinos should be
held accountable first and foremost by putting a block
on these players and contacting the appropriate banking
bodies, not to mention help groups such as Gamblers
Anonymous.
Is it surprising
that credit cards are increasingly being accepted at US
facing online casinos? Not really. What's more
surprising is that the U.S. government continues trying
to fight a battle it will never win. But then again,
that sounds familiar, doesn't it?
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