New payment methods required at the online casinos

Interest in online gambling, including at the online casinos, is at danger of declining even further, due to the lack of payment methods. Most online casinos support the well-known Neteller, Citadel, Moneybookers, etc, but those e-wallets do not allow U.S. customers, which is poisoning the industry in North America. According to some industry estimates, the current deposits at the online casinos range from 70% to 40% of the deposits (amount) the online gambling websites took before the U.S. Government scared away the most popular e-wallets.

The options in front of players in the U.S. who are interested in depositing money at the casinos are now severely limited to credit card, bank draft and money transfer. The problem, however, is that the credit card processors utilized by the online casinos are far below par, failing to process as much as 50% of the attempts by gamblers. Quite a few casinos online offer the choice of bank draft deposits (Bodog, for example), which is a great method, but not all gambling websites manage to implement it. The money transfers are just plain burdensome for most of the gamblers and are seldom used. New payment methods are clearly required if the online casinos desire to continue their growth in the future.

Published on 07/23/2008