The market for prepaid cards, one of the most simple and useful methods of payment for online gambling, is expected to see massive growth over the next few years. A study performed by Research Cosmos and published by BIS Report Consulting found the global prepaid cards market was valued at $892 billion in 2017 and … Read more
As sports betting legalization spreads like wildfire across the US many states operating sportsbooks have come across one common issue. After the Supreme Court removal of the Professional Amateur Sports Protection Act (PASPA) in May of 2018, US States have been allowed the choice to regulate and tax sports gambling on a state by state … Read more
The UIGEA prevents US banks from processing transactions to online gambling operators. For the longest time, depositing funds into a player account required either the use of money orders or written checks. However, US state-regulated online gambling sites have recently begun accepting two previously renowned digital wallets – Skrill and NeTeller. New Jersey is the … Read more
Cryptocurrencies have emerged as strong prepaid gambling options over the years. However, huge spikes in their valuation are leading some investors to consider the possibility of a bubble soon bursting. Digital currencies have many advantages for online gamblers, so if this does occur, gamblers may resort to other options. One of the biggest red flags … Read more
Bitcoin, the popular cryptocurrency amongst online gamblers, has taken a considerable jump in value recently. Gamblers holding accounts with Bitcoin gambling sites were happy to see their account balances increase as the cryptocurrency is now worth over $4,300 per unit. Investors also saw a nice return with a $15 billion increase in market capitalization. Bitcoin’s … Read more
From the 19th to the 20th of September at the Kempinski Corvinus Budapest, in Budapest, Hungary, the Central and Eastern European Gaming Conference takes place. The organizers of the event have expressed excitement in the announcement of a new panel that will target updates and information about the role that Bitcoin and other cryptocurrencies will … Read more
Online gambling sites have banking suites that try to accommodate a varied host of bettors. A lot of bettors have used prepaid cards to fund their online casino, poker and sportsbook accounts due to their simplistic nature and lack of attachment to players’ personal information. However, cryptocurrencies are beginning to grow in popularity for several … Read more
The inception of US based online casino and poker gambling has started to ignite changes within the gambling related banking world. As a player I have noticed this myself, and it is frequently covered in gambling related news. The issue of compliance with the UIGEA bill by US based credit card companies and banks has … Read more
Most seasoned gamblers vividly remember the enactment of the Unlawful Internet Gambling Enforcement Act (UIGEA) back in 2006. Those who entered the gambling scene a little more recently have likely heard a lot of talk about the bill. For a period of time, the bill was a thorn in the side of online gamblers who … Read more
Any USA player who has spent time within the online gambling community understands that funding their account can be harder at times than hitting that big jackpot. The online banking options are an ever changing landscape that is forced to succumb to changes in the market, government policy and other driving forces. There is a … Read more