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American Gaming Association Establishes Principles For Modernizing Casino Gaming Payments

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As the casino gaming industry gingerly braces itself for the post-Covid-19 world, AGA finally lists the principles for virtual payment on casino floors. 

After studying digital payment methods for 18-months, the American Gaming Association (AGA) released the principles for modernizing the payment systems in casinos. These rules are applicable for gaming floors outside South Mississippi, a state that still waits for the guidelines from the Mississippi Gaming Commission for virtual payments. 

As businesses across the world struggle to stand in the new world, virtual payment methods could be the new big thing for industries like gaming as it minimizes the contact between individuals to almost zero. 

Comparing the service of virtual payments with the comfort of credit cards and online payment methods like Google Pay, Scarlet Pearl’s VP Marketing Ben Koff emphasized that virtual payment methods exist globally. Without the use of cash, coins, tickets, and physical paper, people can seamlessly send and receive money from their electronic devices.  

Recently, AGA has facilitated the same systems for the customers looking forward to casino games in the new world. The principles released by AGA equip customers with more tools to set their waging limit. Facilitating the methods for tracking the gaming patterns, AGA aims to empower the customers to self-monitor their gaming behaviors. It instills a sense of financial and physical security and creates a uniform regulatory environment for casino suppliers, regulators, and operators. 

Koff acknowledged the presence of digital payment methods in the cruise industry. He explained how wallets are redundant in the cruise gaming systems as the room keys have replaced their use. Speaking about the benefits for the state government, he said that the virtual payment system is “also great for the state as they’re gonna be able to get an additional source of revenue from those taxes.” 

 

 

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Working as a freelance contributor for several news platforms over the years, Mary Polemi has a well-thriving interest in the casino industry. At Casino Cross, she contributes her knowledge and expertise in reporting Casino News.

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