Industry News

Dating back to the big seizure of Neteller funds shortly after the passing of the UIGEA, the State of Louisiana has clearly been no friend to online gambling. Despite forward progress in liberalizing the U.S. facing online gambling industry to better protect citizens and impose strict tax guidelines which could very well help fund costly projects like public option health insurance (to the tune of $62.7 billion over the next decade, according to Price Waterhouse Coopers), Louisiana continues doing all it can to impede online gambling in the U.S. Recently, they were successful at seizing $365,000 from a bank account apparently used by Golden Casino to pay players their winnings. This basically means one thing. 1) Don’t gamble at Golden Casino if you reside in Louisiana. Not only is Louisiana doing nothing to reimburse Louisiana residents affected by the seizure (despite claims that their actions are motivated to protect citizens and NOT Louisiana’s land-based casino gambling institutions), they are blotching things up for players in other states. The good news is that Golden Casino is a fully licensed, insured and regulated online casino in the jurisdiction of The Netherlands, Antilles (Curacao). $365,000 is a small dent for a place like Golden Casino - and players needn’t worry about not getting paid. Golden Casino has an impeccable track record for paying players their rightful earnings, albeit delays do sometimes occur. Residents of Kentucky, Oregon, Maryland and Missouri should also use caution when gambling online.