The coronavirus could sway regulators to allow casinos to bid farewell to cash

Enter a newly opened Las Vegas casino 카지노사이트 and you'll see dealers wearing masks behind plexiglass panels and holding sanitizer for chips and hands. What you won't see are the players using their mobile phones to pay for their bets.

This is because Nevada does not allow digital payments for casino plans. No state does. But that could change quickly due to the corona pandemic. The Centers for Disease Control and Prevention recommend "touch and pay to limit cash handling" as part of good hygiene practices to prevent COVID-19. Therefore, state lawmakers and gambling regulators may be more motivated to allow mobile payments or digital wallets to curb the spread of viral infections.

Nevada gaming regulators will hold a hearing on June 25 on cashless payments.

Contactless payments

According to a report from the American Gaming Association released on Tuesday, 59% of people who visited a casino in the past year said they were less likely to use cash in daily life due to the Covid-19 pandemic.

"Any customer who feels uncomfortable using cash on the gaming floor for health or safety reasons should have an alternative payment option available," said the gaming industry trading group. AGA CEO Bill Miller has encouraged chiefs, 에볼루션게이밍 lawmakers and regulators to consider flexible rules that allow for cash alternatives.

"Casinos are really trying to modernize an industry that has been almost entirely dependent on cash for too long," Miller said in an interview.

Penn National Gaming CEO Jay Snowden said during his second-quarter earnings conference call that his team needs to rethink the way casinos operate.

"We're still a cash-only industry and maybe the last," Snowden said

Physical casinos still deal in physical money, while digital payments are the norm for mobile sports betting and online casinos, but some states allow customers to open their first account or make instant cash deposits. Sightline Payments offers the best casino through the online sports betting digital payment solution called Play +. Its clients include MGM Resorts, Caesars, Penn National, Draft Kings, FanDuel and William Hill. And Pennsylvania offers Play + for iLottery.

a new generation of courtship

Sightline founder and CEO Kirk Sanford said Play + can be used as a digital payment method, regardless of how players play, 에볼루션게임 be it slots, table games or mobile games.

"Rewards are withdrawn immediately and can be used for on-site and off-site spending wherever Discover cards are accepted," Sanford said. Sanford is considering contactless payments to even replace the chips used on gaming tables.

“It removes another barrier to the proper functioning of the game room and reduces ongoing cleaning costs,” Sanford said.

In the case of iLottery in Pennsylvania, Sanford said, "Consider trying to go to a liquor store to cash in on a ticket for hundreds of dollars. The retailer probably doesn't want to pay that much money. With electronic payments, it's much easier because Go to the earnings account."

There are other advantages. Linking a mobile wallet to a loyalty program creates opportunities for casinos. And while casino customers, particularly slot players, are an aging demographic, younger players may find it easier to wager on digital payments.

"It's about figuring out how to make the casino floor more accessible to new generations of people who don't use cash at all," says Miller.

Critics argue that mobile payments offer an easy route to problem gambling. But the AGA argues in its report: “Digital payments offer customers more opportunities to bet responsibly during their gaming experience. It starts with placing limits on bet size and playing time as part of opening an account.”

The AGA also said mobile payments can help prevent money laundering.

"Creating new customer payment options can give law enforcement authorities additional insight into funding sources and customer backgrounds," the report said.

Countries lacking tax revenue due to the coronavirus lockdown may be more motivated to allow mobile payments, as well as mobile and sports betting. Mobile payments are generally taxed at higher rates than general commerce, goods and services.

We live in the age of online gambling. 에볼루션바카라 Gone are the days of visiting offline casinos to play your favorite slot machines or table games. The same applies to betting on sports by visiting betting chains of real shops on the boulevard.

Anyone can play their favorite casino anytime, anywhere through the online gambling platform.

Online casinos are on the rise, especially during these difficult times. There are online casinos and sportsbooks that are ready to go anywhere. Doing so is the vast range of online casino payment methods available to potential customers. The variety of deposit and withdrawal methods offered by online casinos allows players around the world to find the right provider for them and play there.

However, your mileage may vary by country of residence, depending on the availability, suitability and safety of these tools.