Fortunately for US jurisdictions that legalized online gambling in their territories, Trump’s attempt to reinterpret the Federal Wire Act did not flourish. If it did, Trump would have ordered his lawmaker allies to make Internet-based gambling in the country illegal again. When Pres. Biden gave assurance that he is not looking to support proposals to make unnecessary changes in the gaming industry, the online gambling industry in the East Coast, heaved a sigh of relief.
Still, since the Biden government is looking to impose certain changes in numerous tax policies, there is no telling if the current tax rate applied on gambling winnings will not change as well.
Also, many are hoping that state governments will find time to study the merits of Pay and Play online casinos (a.k.a. No Account Casinos), supporters of this type of casino gaming shouldn’t pin high hopes on the possibility that state gambling regulators as well as the IRS, will allow No Account Casino operations in the U.S.
Nonetheless, Pay and Play online casinos are accessible to U.S. players. However, there is a need choose wisely by accessing only those that maintain a collaborative partnership with a well-established payment processor. .
Where and How to Look for Trusted Pay and Play Online Casinos
Now here’s the thing, U.S gamblers looking to play at Pay and Play or No Account Casinos can simply do so by visiting Casinochap, a website dedicated to reviewing this type of casinos. The review page can redirect visitors to the online casinos that allow gamblers to play with their online casino slots and table games without requiring the opening of an account.
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The important thing however, is for a player to have a deposit account with an affiliated payment processor like Trustly. The latter will then provide the online casino with the information that will vouch for the identity of the Pay and Play customer, as soon as a deposit for the account of the online casino has been made.
This denotes that even if a Pay and Play online casino customer is not required to open an account and submit IDs or other personal information, his or her identity will still be verified. The system simply shortens the process by using the documents submitted to the payment processor servicing the online casino.
While some doubt the trustworthiness of No Account Casinos, there are ways of checking out the legality of the casino site. Aside from checking the online casino owner’s registration with the Better Business Bureau, one can also check the validity of the casino’s gambling license with the jurisdiction referenced by the casino site; along with the certification attesting to the fairness of the RNG in use.
A Closer Look at How No Account Casinos Work with Trustly
In most online casinos, clicking on the “Play Now” button will direct a potential customer to the Trustly official website. Using its Bank ID and Smart Payment Technology, the verification of a customer’s identification and the processing of a deposit placement are handled simultaneously. On the part of a casino customer, the approach eliminates the hassle of repeatedly submitting IDs to different institutions as far as using the payment processor’s systems are concerned. It also speeds up related deposit and withdrawal transactions with the casino
No Account Casinos are quite popular as legal options in countries like Sweden, Finland, The Netherlands and Germany, since the Trustly payment and Bank ID technologies were innovated by a Sweden-based fintech formerly known as Glue Pay/InstaBank. Its success initially proved significant as the company was able to expand throughout the globe; whilst forming partnerships with Groupon, PayPal and Transfer Wire.
In June 2019, Silicon Valley-based online bank PayWithMyBank merged with Trustly, enabling numerous merchants, including iGaming companies with global operations, to accept payments from Europe and U.S. based customers. .