While New Jersey’s online gambling industry is considered to be one of the best, online gamblers in the state have until recently had to cope with one very frustrating and annoying problem. Participating in online gambling in the state has been a nightmare for residents due to the difficulty of paying with credit cards. The situation was quite unfair especially considering the fact that we live in a world where credit cards are considered to be a standard of payment for a vast range of goods and services.
Having started as an attempt to regulate and prevent online gambling fraud in the state grew to become one of the most significant drawbacks to online gambling in the state as the banks were not allowing players to use their credits to deposits funds into their online casino accounts. As such, many gamblers had to jump through several hoops whenever they wanted to participate in the legal and regulated activity to ensure that their payments were not declined.
“At some point (the federal government) wanted to shut down illegal gambling in the U.S.,” explains Mattias Stetz, COO at Rush Street Interactive/playsugarhouse.com. “Banks became very subjective to what transactions they would or wouldn’t approve. However, since the legal and regulated New Jersey online casinos launched, some banks still haven’t changed their controls to reflect the new legal status.”
Even though these precautions proved to be quite helpful in preventing fraud and illegal gambling activities, it also served a pretty significant stumbling block for legitimate online gambling.
New Jersey’s online gaming community has been anticipating a fix for this problem for quite some time now. Well, luckily for them, they now have an easier way to deposit money into their online casino accounts using their credit cards.
This is facilitated by a collaboration between Sugarhouse Online Casino (playsugarhouse.com), an online establishment, and Wyrz, an experienced payment provider. The two have created a system that allows customers to deposit money into their individual online gaming accounts with nearly all the available credit cards.
“Many may not be aware that one of the biggest challenges with online gaming in New Jersey has to do with depositing money to play,” Stetz explained. “When a player tries to fund their account with a conventional debit or credit card payment, the transaction would often fail. Now thanks to the partnership between playsugarhouse.com and Wyrz, that is no longer an issue for those looking to wager and win on the exciting casino games offered on the site.”
This will hopefully give online gamblers the ability to play stress-free since they no longer have to worry about their payments being declined by the bank.
“This should help the New Jersey tax income from gaming as well because all players will be able to play,” Stetz added.