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Nothing quite prepared the average player from the United States for the Unlawful Internet Gambling Enforcement Act. This law, which was sneaked through by the Senate in a last minute vote, essentially blocked US banks from honoring transactions to and from foreign online casino operators and left millions of US players absolutely clueless about what was legal and what was not.
Two years down the line, and things are much clearer now, than those days following the passing of the UIGEA. While many USA online casinos were forced to close shop and ban US players from entering their sites, a great many others stayed put. The operators that needed to leave were those that were publicly listed and therefore answerable to their stockholders, or others that held assets in the USA and were wary afraid of the US authorities.
What is absolutely clear now – without any doubt – is that the UIGEA does NOT make it illegal for players to gamble online. There is no provision in the act that makes it punishable by law for players to play at USA online casinos. With that in mind, many sites are still very much open for business to US players, much to these players’ relief.
USA online casinos will go to great lengths to find payment methods that US players can feel comfortable using, as the UIGEA, unfortunately, has made it difficult to pay with ‘any old’ method as was possible prior to 2006. These payment methods include electronic banking through a number of systems, which has proven very useful the US players looking for convenience and fun in one package deal!
Statistics show that, despite the UIGEA, players from North America continue to play online like never before. In fact, it is believed that half the poker players that make up the entire global industry originate from the United States – with the UIGEA intact! With that in mind, USA casino are very much part and parcel of the gambling landscape.
USA online casinos certainly have an edge in the business. Not only do they attract the European online casino player, but they also have their share of the US market. Poker sites that still accept US players, for example, are definitely doing much better than those who don’t, and this has been proven beyond a shadow of a doubt. By grabbing their share of the US player market, these poker sites and USA online casinos can offer bigger bonuses and promotions, attracting high roller players and thus enjoying greater profits.
While US authorities try to paint a bleak and “Prohibition” picture of the US online gambling industry, one only needs to take a look at USA casinos to show just how well the industry is thriving!