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July 2002
Credit Card Ban on Net Casinos Can’t Squelch Player’s
Fun
Gamblers are turning to seasoned online casinos as they are put under
pressure by credit-card firms who are now denying their online gaming
purchases. Large online casino operators are responding to players’
concerns by increasing accepted payment methods, and hedging operations
against these latest credit-card developments. Although some smaller online
casino gaming operators are suffering from the casino credit-card ban,
top online casinos are picking up the players that get denied at second-tier
operations and winning out with their greater resources and channels of
payment.
GrandBanksCasino.com, one of the Net’s largest operations, changed
its software and operating jurisdiction earlier today to accommodate the
surge in demand for its online casino in post-credit-card e-betting. The
company made the decision to adopt the most modern version of PlayTech’s
software.
“Businesses that stay competitive, stay in business,” told
Clarence Evans, Grand Banks Casino’s Manager. “Our customer
management system needed to be more robust to handle the increased customer
base we’ve enjoyed signing up over the past several months. We also
wanted to make sure that our new software provided a better player experience.
The new software introduces $100,000 minimum progressive jackpots, putting
it at the forefront of progressive gaming; as well as multi-player and
multi-hand blackjack and video poker games.”
As some States remain undecided as to their future with online gaming,
big casinos like Grand Banks are turning to highly regulated jurisdictions
that are associated with European Union member nations. “We wanted
to be in a jurisdiction with a world-class telecommunications infrastructure
and a globally respected interactive casino licensing policy, so to further
service our customers we have redomiciled to Curacao in the Dutch Antilles”
said Evans.
Believing that as the ability to transact e-commerce becomes increasingly
difficult players need additional guidance from their casino, Grand Banks
will be expanding their hallmark M2S2 24/7 customer service to include
enhanced loyalty programs and bonuses.
It has become clear that credit-card ban on net gambling is not squelching
online betting, but is widening the gap between the major online casinos
with the experienced management and quality software able to cope with
new complexities from the also-rans.
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