Right now, it is all speculation but if it were to be true it would mean an increment in the existing 1% tax on gambling which would extend to include online casino and sportsbooks operators. All of these suppositions have many internet gambling providers nervous and on the lookout to see what will happen next. There’s also another rumor going around that has said that a 2% tax might also be levied on players who win money at online casinos and sportsbooks in Ireland. This possibility has also put a lot of people on high alert. Gambling operators are closely waiting for signs to come about this Ireland’s December budget warily and waiting to see what Finance Minister, Brian Lenihan will do.

Casino operators now worry that if these new taxes area approved they will end up loosing their customers to other better offers. They are also looking at the possibility of loosing a great deal of money and Irish betting shops could close down if such taxes were introduced, despite the government being optimistic that it can raise £60 billion each year on these winnings. “We believe that 400 of the 1,200 would shut up overnight. It would kill jobs in the industry,” said the Irish Bookmakers’ Association, which also said that such a move by the government would drive players to betting services out the country in order to avoid paying taxes on their winnings.

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Mayor financial institutions like Mastercard have already left the market and are no longer willing to offer their services to poker and casino sites. Many are speculating that the other giant credit card corporation, Visa, may be following in the same steps. So, what are US players to do in order to play online slots?

Fortunately there are still other methods available for US players, that so far, are in accordance with the law. These include EwalletXpress, UsemyWallet, Global ATM, Western Union and Money Gram. These companies continue to offer their reliable services to the residence of the USA and thousands of people can continue with their favorite hobby: playing online slots.

What will happen in the near future is very hard to tell. There are those that say that online gambling will become one day legal and properly regulated at the US. Other says that it will become harder and harder for players to deposit in the future. If it does become regulated, then the options to deposit and cash out open up tremendously. Players will probably even be able to deposit directly from their bank accounts into casino accounts. This is a very hopeful outlook for those that enjoy moderate, responsible, online gambling and would suffer considerably if the government takes away this joy from their lives.

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