Archives October 2021

What You Need to Know About Legal Online Gambling in the U.S.

The growth of digitalization across all industries couldn’t leave online gambling aside. The online gambling market is quite large and is getting even larger, especially after COVID-19. Below, you can find important information concerning online gambling and online gambling merchant account in the U.S.

Internet Gambling in the U.S.

The number of global players making significant investment in the market is growing. In 2019, the global online gambling market accounted for about 59 billion U.S. dollars and is projected to further expand. Online gamblers are most interested in sports betting and fantasy sports: the U.S. fantasy sports market made up almost 8 billion U.S. dollars last year. 

The U.S. online gambling market is expected to account for a CAGR of 15.41% from 2020 to 2025. Given the rise of the market, you, as a merchant in the industry, should pay more attention to the payment methods you’re offering to your customers. 

To succeed, you just need to work with a true high risk payment specialist that guarantees the safest and the lowest cost online gambling merchant account in the industry. Choose a merchant services provider that is dedicated to helping businesses achieve their specific goals by providing them with simple, secure, cost-effective payment processing services.

Legally Gamble Online for Real Money

The U.S. online gambling space is changing rapidly. The landscape of regulated real-money online gambling is undergoing changes and developing in the U.S. The same is also true of the payment options offered in the field. 

Some of the highest acceptance rates are associated with the payment methods available specifically for online casinos in the country. These include VIP Preferred eChecks, PlayPlus prepaid online casino cards, and Cash At Casino Cage payments.

When it comes to regulations, independent regulators’ strict rules aren’t followed by all the best online casinos. If you’re interested in gambling online for real money in the U.S., you should focus on the following: 

  • Find out the forms of online gambling that aren’t prohibited in your state
  • Draw a parallel among gambling sites and mobile gambling apps 
  • If a U.S. gambling site is legal, you can find secure deposit options on it. These can include credit cards, eChecks, and PayPal. Sign up and make a deposit.

You may ask which states are offering legal online gambling? Here they are:

  • Delaware
  • Indiana Michigan
  • Iowa
  • Nevada
  • New Hampshire
  • New Jersey
  • Pennsylvania
  • West Virginia

Online Gambling in the U.S.

The U.S. federal government allows the states to decide on whether they can allow legal online gambling or not. Several states currently allow it, and many others are working on licensing and regulating Internet gambling. If you’re an online gambling merchant, work with a reputable high risk merchant services provider to offer the best payment processing options to your customers. 

Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest rated high risk merchant account processor in the country that provides the safest and cheapest online gambling merchant account in the space. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.

Recession – What Should be Done?

The role of the press, one of its roles at any rate (another, by way of example, is to drive business down on the mental health industry by freaking everybody out), is to confuse and demoralize the citizenry by spreading alarm and dismay. That much is self evident because one can observe that that is what it does day in and day out. If someone does something day in and day out, it is fair to conclude that that is its purpose, is it not? So you will never for instance fully understand the recession and our current economic plight by reading newspapers or watching television, just as you will never get a clear picture, to cite a couple of examples, of exactly why we wage war on the people of Afghanistan or Iraq or why people being treated for depression with anti-depressant drugs get depressed and kill themselves and other people. The press just ain't gonna give you the straight dope. Apart from anything else it doesn't HAVE the straight dope usually.

However, we can at least get a vague idea that something is going on even though the causes of it, those responsible, its exact extent and consequences are not going to be truthfully, accurately or thoroughly communicated.Thus we can conclude that we are in a recession and this is a Bad Thing and this somehow is related to interest rates, which is the cost of borrowing and somehow the cost of borrowing from the bank relates to money supply. This Bad Thing somehow means we're all a bit strapped and businesses will go bust. Suddenly the press is full of alarming horror stories of businesses going bust and every business that goes bust blames this mysterious invisible SATANIC FORCE called the Recession even when, one suspects, in some cases the cause might actually be bad business management.We conclude too that for some reason the economy is very short of money about 500 billion, apparently, for the British economy alone! This has some connection with the CREDIT CRUNCH, another Satanic Force that came about when the banks for some reason decided to stop lending the rest of us money because we had "borrowed too much."All this appears to be out of anybody's control. Presumably money comes to us through an Act of God and not, as we suspected, because human being print it. If it were a simple matter of a human being printing it, then the solution would be a simple one: have human beings print some more and get it into circulation FAST while we still have any industry left.Evidently though, it's not that simple: the whole thing is shrouded in a MYSTERY only comprehensible to a priesthood known as EXPERTS who comprehend the impenetrable script and sacred tongue of a quasi-science known as economics and it isn't under anybody's control in any case actually.

The recession just sort of happened because some bankers, whose names we've already forgotten, did something or other confusing with some bank accounts and that evidently threatens to bring down global civilization.Well how did we get into a situation where the greed of a few bank managers on one side of the planet can cause some honest Joe to lose his job or have his business repossessed on the other side of the planet?How come a private business which is supposed, we are told, to look after people's money, has so much influence on our fortunes, more apparently than our own government. We would think it pretty strange if some other part of the private sector, such as greengrocers could affect everyone's fortunes by mucking about with the price of vegetables.We would think it even stranger if government then devoted itself at our expense to making sure that, at all costs, the greengrocers were looked after even if it meant a few of us going hungry.What's going on?Well, check out my blogs and I'll tell you!