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Current Payment Options for US Online Casino Players

 

The "Unlawful Internet Gambling Enforcement Act" of October 2006 banned banking institutions from knowingly transferring funds to organizations that conduct online gambling in states where such activity is forbidden. The objective was to prevent online gambling by blocking the flow of funds without which, gambling cannot take place.

The laws, as they exist today, do not specifically prohibit US citizens from using credit cards or non-US based electronic payment methods to transfer funds to online casinos. The payment options currently available to US online casino players are as follows:

The common credit cards such as Visa, Mastercard, Amex and Diners are still being used, though some rejection is being reported. Click2pay is extremely popular among existing casino clients, but is not signing up new clients from the US.

Wire Transfers are still working but they are limiting transfers to $5,000 a week. Western Union is also still working, but since it is a public company it is under pressure to observe the spirit of the law and may not offer services for long. ePassporte claims that it will continue to operate but very few casinos have this option, so it is not much use.

Nucharge and Add-Funds are phone cards that allow transfer of funds to gaming sites. MyWebATM and eWalletXpress are e-wallets that are still available. However MyWEbATM charges very high fees and hence is not popular. ECheck and MoneyGram are other options that still service gambling transactions.

The online gambling situation is very fluid as of now and players would do well to regularly check out updates.

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