American Express is one of the most famous credit cards among the American players which is used for online casino banking method. Players in America are having legal limitations to gamble in online casinos according to the UIGEA laws.
UIGEA
The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in the year 2006 to regulate the online gambling transactions. It makes that transferring the money from an financial institution to a gambling site is illegal. Anyway, individuals may gamble in online casino sites. It is not illegal according to the UIGEA law. Many online casinos stop allowing US players to gamble in their sites because of this law. The casinos which continued to permit US players have limitations in their banking method options that an US client could be able to use.
Banking at Online Casinos
Though an online casino accepts US players, it has higher restrictions in their banking options to their US gamblers. The online casinos which accept US gamblers must ensure to provide a range of options for their clients to select from. Master Card and VISA are popular banking options, but AMEX is also accepted at online casinos.
US Gamblers and AMEX
American Express is one of the well reputed banking options at online casinos that support US gamblers. It provides a large number of benefits to its US clients. The frequency of the credit card payments that have been rejected by the online casinos is low, though the casinos follow the UIGEA laws.
Online Casinos Support AMEX
These days the casinos that accept American Express are low in count. The main reason is that many casinos are not allowing US players currently. AMEX is a payment method which is mainly used in US. Without the players in US, AMEX is not a well-known payment option. Even though for the casinos that accept US players could not always make sure whether it accepts American credit card transfers. So many online casinos do not prefer AMEX as a payment option.
AMEX friendly online casinos accept the AMEX payments only for their deposits. That is, a player could make deposit into his online casino account through AMEX. But if he wants to go for the withdrawal, he has to use a different payment method.
Benefits of Casinos That Support AMEX
American Express is a secure way to deposit money in online casinos. It is pretty simple to use and easy to access by most of the American players. For the game lovers, it is a biggest advantage if he finds an online casino that allows US players and also accepts the AMEX as its fund deposit option.
The number of online casinos support American Express may be grown in the future, if the US government makes changes in its stand on online casino gambling. If that happened , there will be many casinos available in the internet that supports AMEX and it will become popular again among the US clients.
