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Online Casinos and World Recession

October 15th, 2010

Online casinos have been around since the beginning of the decade of the 90’s and their success hasn’t slowed down since. When compared with land-based casinos, online sites have a 10% yearly growth in overall size and hence, bigger revenues. Governments from around the globe are working towards making the online casino industry legal and safe in hopes of using it towards the good of the nations they represent.

Not many business have been freed from the chaos of the recession. It seems as though the whole world has been hit hard with the financial crisis including some of the biggest multinational companies like the automotive industry and real estate. However, there is one business which has been successful in staying out of the whole ordeal. As a matter of fact, this business is doing better than ever with more and more people wanting to get a piece of it or at the very least, enjoy a couple of hours playing a slot machine game. We are talking about the online casinos world. Of course, not every little online casino out there but the popular and professional ones that offer the best free slots games and table games.

As opposed to online casinos, the brick-and-mortar venues in Las Vegas, Europe, Asia and Australia have suffered extreme losses due to the recession. These casinos have seem their revenues plummet and have had to let go many of their staff in hopes of saving their businesses. However, none of this financial turmoil has taken a toll on the online casino world even when the sites were indeed expecting a fall on their revenue especially since gambling does not really count as an every day life need. The online casinos were expecting for people to size down their interest towards gambling. However, this did not happen and online casinos are doing better than ever.

Free Online Casinos High on Internet Search Engines

October 11th, 2010

There are many reasons why online casinos are so very popular and continue to grow in popularity. More and more people are looking into the online casino world as an outlet or form of entertainment. People who like to play online games such as puzzles, shooting games, word games, flash-based or action-packed games have drifted to the online casinos which offer folks a broad selection of games including slot machine games, roulette, video poker, blackjack and more. These games are appealing for those online gamers who are surfing the web and don’t want to spend any money or use their credit cards to feel like they’re gambling. Most online casinos offer every version of their games for free which really appeals to a wide variety of internet users.

The popularity of online casinos is may evident when we discuss internet traffic and what keywords people are looking for these days. In recent times the online casino industry, including phrases like “slot games, free casino games, best online casinos”, is the top search on the most popular internet search engines like Google and Yahoo. Even with the competition of social networking websites and other entertainment related sites, the online casino and gaming websites have emerged as the most popular of all.

For example, around 13.5 million unique visitors landed on online casinos and sportsbook gaming sites just during the month of July. With popular events such as the World Series of Poker tournament, it’s no surprise that the number was so high but still on regular months of the year visitors are still up there. Online casinos are extremely popular and their high rank in search engines online helps put in perspective once again how such a large number of people enjoy playing online casino games and perhaps the chance of winning large amounts of cash too.

Online Slots and Online Casinos Compete Against the 2010 NFL Season

September 17th, 2010

The 2010 NFL season is already on Week 2 and almost all who are interested in online betting will probably at one point or another place some of their bets on the NFL. The National Football League is one of the biggest industries in America, as well as other parts of the world, and betting on these games is almost a part of the american culture.

Regarding online betting in the United States the issue has always revolved around betting on online casino games such as poker, blackjack or slot machine games; these types of bets are prohibited with online casinos that operate inside the country. However, some states do allow for residents to place their “in state online sports bets” and people really take advantage of this, especially in the NFL season.

Thusly, the online casino industry suffers when the football season kicks off. Other places like the United Kingdom offer players the chance for totally open online sports betting, including NFL betting, tables games and the very popular slot machines. Online casinos are probably looking at a loss of players since many will be online solely for the NFL games bets.

Studies show that when the NFL season begins, there’s a drop in online casino betting throughout the entire season. These types of scenarios push online casino operators harder towards creating interesting promotions and upgrading their software with new or improved games. Online casino players, especially those who enjoy their slot machine games that can’t be found in land-based venues, are usually offered with free plays in slot machine games and other interesting bonuses for them to keep coming back to play their favorite games and not get lost in the NFL season mania.

However, online casinos are not to be worried as the NFL season does not last forever. European casinos need american players to keep their business alive so these companies usually incentive their players with extra freebies and new cool slot games.

Why some online slot sites don’t accept USA players

August 13th, 2010

Many of you that are residents in the US might be wondering why a large number of online casino and slot sites do not allow you to play. Is it not that they don’t like you. On the contrary, they would love for you to play at their site. The USA has millions on online slot players and these casinos are not shunning away this huge market. The reason they don’t allow US customer is the direct consequence of a online gambling bill ban passed in 2006 by the George Bush administration. This gambling ban does not actually prevent these sites from providing their services to US residents. The gambling ban was established to punish those financial institutions, such as banks or credit card providers, that would allow transactions to online betting sites.

You may be wondering then why some sites do allow US citizens to play while others don’t. The answer is quite simple. Some sites don’t want to get involved with the hassle of having to find alternative payment methods that find legal loopholes so they can process deposits and withdrawals to US players. These method are rare but they do exists. Those sites that accept US players have worked hard over the last 4 years to offer these services openly to their US players, so they can deposit and withdraw safely. Credit card deposits are still available to US players but withdrawals cannot be credited back to the cards. The reason for this is that credit or debit card deposits are hard to track down. How can Visa know when it’s a purchase on the internet for an innocuous item, like a T-shirt, or when it’s for a casino deposit. The difficulty if tracking down betting deposits has allowed some online casinos to still accept this method.

We hope you are now clear why there is this schism with online gambling. In the near future it may change as new bills are being proposed to overturn the gambling ban from 2006.

eCheckUS the new payment method or playing online slots

July 29th, 2010

US players have had a hard time finding ways to play online due to strict regulations within the USA when it comes to online gambling. Since the UIGEA came in 2006, depositing at poker, casino and betting sites has become painfully difficult. The most commonly used web payment method is the credit card and sadly, many online casinos can’t accept credit cards due to the UIGEA. While some still do, there are alternative methods you can use to deposit so you can play freely.

The method that came out recently that allows you to make direct bank deposits to online gambling centers is called eCheckUS. It is more than just a system to bypass the regulations in the US. This method is very versatile and offers many great services at a minimum cost. With eCheckUS, Americans, Canadians and Mexicans can receive their salaries into their eCheckUS accounts and then manage their funds online. It works almost like virtual bank account. Clients are able to use those funds to purchase things online, pay bills and even take the money out in cash at the nearest ATM/cashpoint. eCheckUS offers a debit card connected to the client’s eCheckUS account. Any funds there can be collected at any of thousands of ATMs worldwide.

Online casino now use this method and it goes both ways. Players can make deposits into their casino accounts via credit card or bank transfer using eCheckUS’ billing interface. Likewise, players that win at online casinos can collect their winnings by transferring their funds to eCheckUS. From there, the player can transfer back to their bank account or may opt for the debit card service and collect the winning in cash by visiting an ATM.

eCheckUS is an innovative method that makes online gambling easy, safe and fun.