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Concerned About Account Funds

The internet is a large and scary place for a lot of netizens who are either new to the internet or may have been burned by fraud, scams, and too much information in the past. There is definitely a bit of a learning curve and online casino gamblers are one of the most cautious groups using the internet these days. The internet gambling industry has been a key target for fraud and money laundering – and also for government interference. These issues have made gamblers wary when they deposit funds to online casinos. A lot of money is transacted between player accounts and bank balances and new polls indicate that internet gamblers are most stressed and worried about the safety of deposit and winnings withdrawals when they use the online gambling sites.

Cheating and scamming concerns at the online casinos have largely been assuaged by tighter regulations and legislation that monitors the gambling sites, their odds, and fairness. Standards bodies like eCOGRA are also very prominent these days and gamblers are increasingly less worried about the fairness of the sites. Now the key concern is secure account balances. The US government is still actively seizing player account balances and freezing the funds. This means that even players who may have hit a jackpot, the funds are frozen until the Department of Justice either releases the online casino gambling funds or heavily fines the payment processing company in question.

UK and international gamblers see the US account seizures as just one more thing to worry about when they place their money into accounts at the online casinos. UK internet gambling is entirely legal so UK and many European gamblers have less to worry about.