Americans are rediscovering their love for casino games, and the industry is responding with rewarding games and a secure environment.
According to the American Gaming Association, the gambling revenue in the US hit $13.6 billion in the second quarter of 2021, setting a new industry record.
Several factors contribute to this growth, and one of these is the growing acceptance of cryptocurrencies like Bitcoin as banking options for online casinos. If you are following the gambling trends, you’ll know that Bitcoin casinos have gained a considerable share of the market in the last few years.
So, what makes Bitcoin gambling more popular and a convenient destination for different types of players? The appeal of Bitcoin gambling is that you do not rely on a centralized banking system to complete your transactions.
It works on a peer-to-peer network, and gambling is usually utterly anonymous since transactions are not linked to the player’s bank or identity. Also, Bitcoin and crypto casinos offer instant payments that are generally very cheap compared to traditional payments methods. All these reasons help push the popularity of Bitcoin and cryptocurrency gambling among different types of players, specifically in the US, where there are strict regulations.
Is Bitcoin and Crypto Betting Legal in New York State?
Like other states in the US, the state of New York regulates gambling activities and the players’ access to these services.
The primary office in charge of regulation in the state is the New York State Gaming Commission. It covers all aspects of gaming and state gambling activities, including lotteries and pari-mutuel wagering for physical casinos.
Also, there is the Unlawful Internet Gambling Enforcement Act of 2006 that regulates online gambling. However, this legislation only covers credit card companies and banking institutions, and these companies can only accept transactions for betting in states where online gambling is allowed.
The NY state laws are silent on these topics when it comes to Bitcoin and crypto betting. As such, players in NY often turn to licensed offshore casinos to play games using cryptocurrencies. Initially, the challenge for players is to find reputable online casinos that are licensed in Curacao or Costa Rica that accept real money bets from players residing in the state.
But what is interesting to note is the ongoing relaxation of regulations for sports betting in New York. In January 2022, the state’s Gaming Commission approved the license of at least four operators to allow online sports betting. In these sportsbooks and casinos, fiat currencies, traditional banking options, and even Bitcoin are popularly used. Since sports betting is now allowed, it is probably only a matter of time before these websites fully embrace Bitcoin betting.
Top 3 Bitcoin and Crypto Casinos in NY State
Crypto and Bitcoin gambling is becoming a popular option for many gamblers. Thanks to the privacy and convenience that it offers, more bettors are considering the services offered by crypto casinos.
The good news is that players from New York can now count on several well-known Bitcoin casinos, which are even licensed offshore.
for more information including reviews on the best bitcoin casinos accepting us players check out our homepage
And If you’re a resident of NY state, here’s a list of the top crypto casinos you might want to check out.
With more than 25 years of experience, BetUS offers a premium gambling experience to players. It’s primarily a sportsbook and live betting platform; however, it also features a top-notch casino section.
It features more than 300 online slots and a wide selection of table games from top suppliers such as Betsoft, Nucleus Gaming, and Digital Gaming Solutions, among others. BetUS also supports video poker and live casino games for players looking for a new level of excitement.
If these are not enough, NY players can also check out its Daily Tournaments covering video poker, roulette, and three-card poker. There are multi-player blackjack tournaments, too, with lucrative prize pools.
BetUS provides exciting promotions for both new and existing customers. Blackjack players can even enjoy blackjack-only offers such as Blackjack Mondays, 6 Card Charlie Tuesdays, and Blackjack Happy Hour!
Founded in 2001, BetOnline.ag is one of the more respected names among the casino and betting industry.
As a gambling platform, BetOnline.ag is driven by its ‘focus on the player,’ and we see this in the quality of games, promotions, and banking options available.
The website supports more than 300 casino games offered in top categories such as slot machines, poker, roulette craps. It provides games in instant play or downloadable client format, which is best for players who prefer to play on mobile.
All new players who sign up for an account get up to $3,000 as a special signup bonus with free bets.
It also boasts flexible payment options: FIAT/credit cards - Mastercard, Visa, and cryptocurrencies such as Bitcoin and Litecoin. These services are capped off by a reliable Customer Support team that’s available across many contact channels, including email and a toll-free number.
Andromeda Casino is a relatively new casino operator, but it’s slowly gaining a fair market share.
At Andromeda, the excitement starts as soon as the player registers an account and makes a deposit. This Curacao-licensed site offers a welcome bonus of up to $5,000 and crypto bonuses in case you make your deposit in Bitcoin or other cryptocurrencies.
The Games Lobby is also worth checking out, thanks to a wide selection of slot machines, table games, and jackpots.
Also, there are at least 42 live casino tables, many of these playable in a free demo mode. For its Cashier section, NY players will find a crypto-ready gambling platform.
This casino supports payments through Bitcoin, Litecoin, Ripple, and Ethereum.