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Casino Fantasia contemplates new payment methods

Friday, 02 September 2016 21:02 Written by

Casino Fantasia offers a broad spectrum of payment methods that include the most innovative financial instruments. They have always been among the early adopters of new technologies and is partially explains their success with online gamblers. The online casino now contemplates the possibility of introducing bitcoins. There are already plenty of players would like to be able to gambling crypto currency, so there is definitely interest among online casinos.

The good news is that the Isle of Man Gambling Supervision Commission has also responded positively to this trend. There is a good chance for online casinos regulated by this authority to be able to accept the payment method in a not so distant future. The numerous perks include the fact that it provides nearly complete anonymity for its users. This means a great deal, especially for those who gamble from countries where online gambling is not completely legal.

At the same time, this is one of the reasons for why regulating authorities have been reluctant to at the payment method on the list. The fact that the Isle of Man Gambling Supervision Commission has submitted such a proposition is uplifting. However, it might take a while until a decision will be made and meanwhile players should stick to conventional payment methods.

Positive response from the UK Gambling Commission

Casino Fantasia is also catering for players from United Kingdom, so it has to abide by the rules of the local gambling commission. These guys are famous for enforcing the strictest regulations and until recently, they were against the use of crypto currency. It is refreshing to hear that bitcoins are now regarded as acceptable by these guys. The License Conditions and Codes of Practice is the place where players can read more about this new regulation.

If everything goes according to the plan, it will take effect on October 31, 2016. Basically, in less than two months from now, everyone will be able to gamble bitcoins on selected online casinos. Their number is constantly rising and if the main regulatory bodies no longer erect obstacles, even more will follow suit. This is a trend that gambling operators hope to see growing even further. Despite all the progress, there are a couple of authority that are still against the complete legalization of crypto currency.
The Malta Gaming Authority is such an example and those who play at casinos regulated by them are out of luck. Given the surging popularity of bitcoin it is not far-fetched to expect them to change their view.

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Comments  

Hillary
# 0 Hillary
A Fantasy come true
I care a lot about security and privacy and I’d like to see Casino Fantasia embracing bitcoin by the end of the year.
2016-09-02 21:14 Reply

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