Issue with remaining online casino's available to Australian customers

[theslotsking]

I have an issue that I cant get a straight answer to.

The list of casino's open to Australian's is slowing shrinking by the week and now Videoslots has gone. From what I have been told they had to pull out of the market as the payment options to Australians have gone. Paysafe, Skrill, Neteller and Ecopayz have all left Australia and now no Australian banks will accept payments to online casino's. If thats the case I understand why Videoslots pulled out of the Australian market.

How though do other casino's such as HouseofJack and Casinomate operate in Australia? How can they accept payments from the ewallets or credit cards when Videoslots cant? I would have assumed that if the largest slot provider in Videoslots can no longer accept payments from us then surely the smaller casino's would be in the same boat?

I asked house of Jack and they said there are no payment restrictions at all for Australian customers.

Does anyone know how HouseofJack can stay yet videoslots cant??

Thanks

See Related Threads:

• Videoslots Has Left Australia
• NOT HAPPY With Videoslots
• Videoslots Won't Let Me Play Anymore
• Australian Players - Active Casinos
• Videoslots for Australian Customers

 

[KasinoKing]

My GUESS is that because Videoslots et al are licensed and highly regulated by MGA & UKGC they have to do everything by the book.
So the banks block the transactions.

Whereas unregulated casinos (not licensed in those jurisdictions) can use 3rd party processors to get around the regulations, e.g. by pretending that the transaction is not for gambling.

But don't quote me on that - I don't know for sure that is how they do it.
Probably the best way for Aussies now is Bitcoin... if you can get your head round it and can suffer the huge rapid swings in exchange rates.
(One day last week the rate went up nearly $1,000 per Bitcoin in 24hrs!)

KK

 

[theslotsking]

Dont get me started on bitcoin. Sold two bitcoins three months ago for $3000 each. They are currently selling for $10,500 AUD per coin. Crazy increases!

 

[jackanory2279]

Dont get me started on bitcoin. Sold two bitcoins three months ago for $3000 each. They are currently selling for $10,500 AUD per coin. Crazy increases!

dude i sold like 20 of them in 2013 for like 80£ each... thinking they were going to crash out.and become pointless/
i only bought them for 10£ each a few months earlier.. so i thought it was good profit.

HOW WRONG WAS I..

people have lost out on millions through bitcoin.. you made good money at 3k each i bet.

 

[theslotsking]

I bought mine for $1500 each so I doubled my money. I sold them prior to the fork so if I had waited a week I would have got $6k per coin. I was cursing myself.
They are only going to get more expensive, particularly with the changes in the US.

I also have heard of someone who had approx $8 million in bc market value but sold them for $2k... that sucks big time!

 

[scarletmuse]

My GUESS is that because Videoslots et al are licensed and highly regulated by MGA & UKGC they have to do everything by the book.
So the banks block the transactions.

Whereas unregulated casinos (not licensed in those jurisdictions) can use 3rd party processors to get around the regulations, e.g. by pretending that the transaction is not for gambling.

But don't quote me on that - I don't know for sure that is how they do it.
Probably the best way for Aussies now is Bitcoin... if you can get your head round it and can suffer the huge rapid swings in exchange rates.
(One day last week the rate went up nearly $1,000 per Bitcoin in 24hrs!)

KK

HouseofJack now only lets me do mastercard or visa deposit, there is no option for ewallets or paysafe... Getting ridiculous with Aussie T&cs now, the idea behind prepay vouchers being ease and availability of not having to submit credit card details when buying and so on is not ideal now since nowhere seems to accept these sort of payments. Skrill and Neteller made ewallet depositing simple and hassle free aswell and now I don't know what to do as I preferred these methods than bank or card depositing... but now so limited and bitcoin is just confusing it all more for me now