Online Casino Games – Results Of Year 2007 – Part One

Surely, lots of people were given a wish for the year 2007 not to play a lousy trick on them. I don’t know whether somebody addressed the same wishes to the online gambling industry… But apparently, no one can say that the year turned out to be particularly successful. Let us have a look at what happened to online casinos and online poker the past year.

Online Gambling Dens Targeted | Financial Tribune

The problems started even earlier, in 2006, when the USA passed the law forbidding online casinos and online poker rooms accept gamblers from the USA, as well as financial institutes to serve gambling transactions of American citizens toto hk . A lot of casinos and poker rooms closed their doors to American players at once, but as long as there were establishments where Americans were allowed in, it didn’t seem to be a crucial problem. In fact, serious troubles started in February, 2007, when two former senior managers and principal shareholders of Neteller Company were arrested in the USA.

Soon afterwards the accounts of Neteller with 55 million dollars were arrested, and the company had to refuse to work with Americans. “What does it have to do with poker”, you might ask. The matter is that Neteller was the basic and the most comfortable payment tool of American gamblers! Practically all the credit cards of American banks have not been working with online casinos and poker rooms for a long time now. Bank transfers from American banks cannot also be made or received, there is even a problem with cheques. As a result Americans have lost a possibility to make deposits or withdraw their winnings from online casinos and poker rooms. Straight after Neteller’s problems another e-wallet payment systems terminated the acceptance of new clients from the USA. Click2Pay, MoneyBookers and FirePay had split off even earlier. In fact only ePassport continued its operation, but they just could not cope with the overflow of casino players from the USA. All in all a lot of American gamblers had to finally leave online gambling establishments.

In America a lot of people hoped for counteraction of Antigua and European countries through the World Trade Organization against online casinos, some people dreamed of removal of a legislative ban at least for poker, but these dreams were not fated to come true. Instead, the Department of Justice (DoJ) moved aggressively against London-based BetonSports, which maintains operations in Costa Rica and Antigua aimed at U.S. gamblers.

WTO hardly trying to hide “the real face of free trade” awarded the affected countries “sixpenny” compensation, not in the least connected with gambling business (for example, Antigua was allowed to “pirate” with American intellectual property to the amount of 21 million dollars per year, though the companies’ losses run into hundreds of millions). Individual law-makers prompted by various organizations such as Poker Players Alliance (

After the passing into law of the UIGEA Act by the Bush administration to try to stop American players from betting online, it has become increasingly difficult for bettors from the USA to find respected online gambling casinos at which to play.

A surprising number of leading software providers and casino companies – such as Party Gaming – , instantly pulled out of the US market, leaving players with a restricted number of places to enjoy online gambling.

It is worth pointing out at this juncture that the Unlawful Internet Gambling Enforcement Act doesn’t actually make online betting illegal. It is still perfectly legal for American citizens to enjoy wagering at online casinos and poker rooms, dependent, of course, on the laws of the state in which they reside. However, with a lot of major players panicking and pulling out of the US market, there isn’t as much choice as there once was for players from the USA.

This makes it all the more critical to select an online casino that is reputable, has the capacity to pay you quickly when you win and, of course, has the games that you want to play.

The second part of that last paragraph is critical, of course. You need to be certain that you will get paid your winnings rapidly when you do win. Many of the higher profile gambling organisations that stayed in the US market – Bodog being one that springs to mind – have had trouble with banking and payment processors, with the result that players have had fewer deposit and withdrawal options.

However, some seem to have come through relatively unscathed. The Rushmore group of casinos, including Cherry Red Casino and Rushmore Casino, have had few problems in terms of banking and offer a huge selection of casino games, including some huge jackpots of over $1,000,000.

There are other casinos, too, that can be seen as exceedingly reputable – Club World Casino, for example, or one of the new Rival software casinos such as Cocoa Casino. Players do need to come up with a list of what they think is important when selecting an online casino – is it the range of games, the amount of bonuses given out, the loyalty program, the size of the jackpots? All these things are important to different players, but knowing what you want before you deposit money is critical to finding the right casino for the US gambler.

Published
Categorized as casino

Leave a comment

Your email address will not be published.