Online gambling websites seek technical solutions
19 Oct 2006
A major European online casino declared that it cannot accept American credit card, due to the new law. This is the first time this happens since the law has been enforced regarding online gambling in the Untied States. On the highway of finding quick and solid solutions for all the new problems the law has discovered in the online gambling operations, that is a new problem. The money acceptance was seemingly not a problem, as online gambling out side the US are permitted to receive credit payments, in American dollars. In other words, an American gamer could wager in an Israeli online casino and pay in a dollar to Israeli operators.
This new item - shows it's not going to be as easy as thought, but still has a solution. This European online casino says it will not be accepting credit money in dollars - for online gambling in his site. This is a surprise, as one of the solutions to cope with the law is to link your American site to a European branch that will also be taking the money for you and pay the bill to the winning wagers. The first solution that comes to mind is to change the rate in those casinos, meaning online gambling will be dealt with Euros, so the European online gambling sites will be able to accept credit with no problem.
This will be a very good idea, as some European online casinos, which have yet to get comfortable with the law, could see as a route to be used. Online gambling will be held in European money, and if the rates will be too high for the American wager, it will be lessen to the level it's reasonable for the average online gambling game.
$50
