Casinos.co.uk: Casino News Archive
Wednesday 25th October 2006
BetonUSA Stays Loyal to US
Antigua-based online betting group BetonUSA has become the latest company to announce that it is to continue to offer online gambling services to US players despite the specifics of the Unlawful Internet Gambling Enforcement Act (UIGEA).
A company statement read, 'BetonUSA and all our partners will be continuing business as usual. BetonUSA is licensed and regulated in Antigua and complies with laws within the jurisdictions in which it operates. Furthermore our company has been expanding by acquiring new assets and operations. Announcements will be released soon.'
The company has indicated that traffic to BetonUSA casinos, poker rooms and sportsbooks has dramatically increased since the signing of the Safe Port Act into law by President Bush, which in turn set the wheels of the UIGEA firmly in motion.
Since then a host of companies, many of them licensed in the UK, have pulled out of the US market with operators such as Sportingbet selling off their US facing business arms. BetonUSA join a handful of Caribbean-based companies who are continuing to accept US money.
Source:OnlineCasinoNews
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