US citizens who are looking for an online casino still have many options as long as they are willing to shop. There are many reputable online casinos that accept US players. Some of these casinos are the same casinos that have been around for years, but now they are operating under another name. Still others are new ventures from the creators of your favorite online casinos. fintechcity.com
The US government has attempted to choke off the money supply to offshore casinos. This has made it more and more difficult to make deposits and withdrawals from online casinos. There are still online casinos that accept Visa, Mastercard, American Express and Discover cards from US players. Debit cards work more often than credit cards. Prepaid debit cards are anonymous and are the most reliable way of making deposits and withdrawals.
Online casinos that accept US players offer welcome bonuses and other incentives that cannot be found at land based casinos. The most common bonus is the initial deposit bonuses. This is usually a 100% match on your first deposit. Casinos offer this match in order to get you to try their casino. There is much greater competition between casino on the internet. This is because there are a limited number of barriers to entry. There is not a great expense to open a full blown hotel and casino. All you need is a small office, a few employees and license fee for the casino software.
Some of the newer online casinos accepting US players have started offering sign up bonuses on the first ten or even twenty deposits. This is done in order to keep the players coming back. It should be obvious that owning an online gambling establishment can be very profitable and allowing US players can only increase profits.
Land based casinos have huge overheads and this cuts into their profits. This is pushed down to the player. Not only do US players have to travel to the casino, but they receive worse odds, no sign up bonuses and will have to pay tax if they win a substantial amount. The best bet is online gambling that accept US players.
While several of the well known brands of online casinos have withdrawn from the United States market, many have remained and new casinos are being developed. The new competition for US players has revived the bonus structure once reserved for other markets. The more casinos available to US players the better it is for the player. American gamblers have traditionally spent more as a whole than any other market. This makes it appealing for casino operators. In order to bring in more players, they offer higher bonuses and payout rates.
Although many of the better known online casinos have decided to pull out of the United States market, there are still places to play and bargains to be found. The size of the US market and the potential income will continue to force competition. This is the definition of the free market economy.