That is why virtually all bitcoin casinos are based outside the U.S. Current laws prohibit casinos to ACCEPT wagers on the territory of the USA but there are no laws that would forbid individuals to PLACE bets. To put it briefly, no federal legislation makes online gambling illegal for players.
Bitcoin gambling from players’ perspective
The facts set forth above made some online casino operators shift their focus to non-traditional payment options like cryptocurrency, which does not violate the law. To sum up the point, the use of banking system for gambling purposes is prohibited in the USA. The Act forced some big and thriving operators like PokerStars that was among the most visited poker rooms in the U.S. In other words, online casinos operating before 2006 were able to use the US banking system for their purposes but the UIGEA closed that opportunity. The Unlawful Internet Gambling Enforcement Act signed in October 2006 stipulates that banking facilities and credit card companies are not entitled to facilitate transactions related to online gambling.