How safe thus the US online casino?
When it comes to us online casinos, there are tons of casinos available. Players must keep an eye out for fraud or scams while playing before signing up.
It has become one of the most talked-about us casinos online hot spots on the Internet. With so much new gambling hitting the scene, some players can’t help but wonder if some gambling sites are better than others. Here’s a list of what makes one casino site better than another, along with ten key factors in how to tell whether or not you’re dealing with a real casino website.
Gamblers need to know what they want from their site of choice. Some people prefer sites with us slot machines, while others want poker. Some us gamblers like us blackjack, while they craps players are out there in their category.
Popular online casinos in us
According to a study conducted by the American Gaming Association of 2009, gambling accounts for estimated United States revenue of about $90 billion per year. In 2006 less than one-third of this came from commercial casino establishments and the rest was generated from Indian casinos, state lotteries, and other forms of legalized gaming.
The most popular form of casino in the US is electronic games in a land-based or “brick and mortar” location. Gambling in physical locations has been given some relief by the economic downturn, but some experts question whether it can ever return to pre-recession levels.
Despite the increased interest in gambling on sports events like March Madness and Super Bowl Sunday, most forms of legal casino gaming are prohibited within US borders outside of Indian reservations. To access online casinos, American players need to use foreign currencies, which may be difficult for many Americans due to banking restrictions or credit card companies that do not support transactions made with overseas financial institutions.
Casino USA sites
The American Gaming Association estimates that nearly 70 percent of all online gambling takes place outside the US. For Americans, this creates a legal quagmire since many countries do not have laws to regulate these kinds of transactions, and because most Western credit cards will not process American charges for anything other than domestic purchases.
The UK-based Gambling Commission has estimated online gambling accounts for up to 5% of its GDP (about $3 billion), with the majority coming from poker players. It is expected by 2012, UK citizens will be able to bet legally over the internet through locally regulated subsidiaries of major international corporations like Betfair and PokerStars.
In 2008 Congress passed legislation banning financial institutions from processing payments to offshore gambling sites. This led to the closure of Credit Card Systems, Inc. which had been facilitating credit card transactions between US players and online casinos since 2004 under license from MasterCard.
The new legislation also forced Australian-based insurer Good2Go Travels Pty Ltd. to refund $1 million in premiums back to customers who purchased its “Web Casino Protection Insurance.” Good2Go served as a middleman for international players looking to deposit funds with foreign casino operators and guarantee their winnings (up to 70 percent) should they become unable or unwilling to continue playing based on their participation in internet gambling.