Euro Casinos
History of the Euro
The Euro is the national currency for several countries that operate within the European Union. The creation of the currency was one of the many goals the European Union had set early on in the 1960s, but it didn’t come to fruition until much later. The Euro stepped into the limelight on January 1st, 1999. The currency debuted virtually, but notes and coins began to circulate a few years later in 2002. It didn’t take long for the Euro to start replacing most of the national currencies for European Union members. Soon after, it became one of the most-used currencies in the world!
At the moment, you can run into seven different denominations of Euro banknotes and eight denominations of Euro coins. These are used regularly in countries like Germany, France, the Netherlands, Belgium, Austria, Italy, Ireland, Greece, and other European Union members. The notes include €5, €10, €20, €50, €100, €200, and €500. The Euro-related coins currently in circulation are 1, 2, 5, 10, 20, and 50 cents, and €1 and €2.
Safe Casino Deposit Methods that Accept Euro
The Euro is undoubtedly one of the most popular currencies when online deposits and withdrawals are in question. While it reigns supreme among European Union members, several other countries worldwide can use it when transacting in online casinos! Naturally, this makes it a common pick in online gambling sites. You can find it making rounds in some of the best-known online casinos out there and even in up-and-coming venues. If you’re interested in giving this currency a shot, here are the top five Euro-friendly banking methods you can choose:
- VISA: Most European players are familiar with VISA. The bank card is one of the most widespread banking methods worldwide, and plenty of countries in the European Union use it. While VISA might not be the most modern of banking options, it offers something that many online casino players desperately need these days. Of course, we’re talking about safety. With so many scams and shady deals going around at the moment, it’s easy to rely on a well-established option with top-tier security.
- MasterCard: MasterCard is another popular bank card with a large user base in countries in the European Union. Like VISA, MasterCard is an excellent method that most users feel comfortable with. The option is convenient and secure, and that’s more than enough for plenty of online casino goers right now. Of course, there are some downsides to using bank cards like MasterCard. Mainly, it does mean you have to share your banking info with the operator you’re playing at.
- Skrill: Skrill is one of the more modern methods on this list, and there’s a good reason for its popularity among European Union members. Other than accepting transactions in Euro, the popular eWallet has minuscule fees and offers fast money transfers! Additionally, the option has something that can be somewhat hard to find these days. Unlike many other payment methods, Skrill can be used for deposits and withdrawals alike!
- NeoSurf: Neosurf got its start in France, a European Union member, and quickly became a popular online casino banking option across several other European countries. Using Neosurf comes with many pros, but the biggest ones are its convenience and anonymity! Neosurf is an eVoucher. You can grab one from a local reseller, use it to make a deposit, and start playing immediately. It comes with no fees attached, and setting it up only takes a few minutes!
- Neteller: Neteller offers players many of the same benefits that Skrill does, and this is because both methods were created by the same finance giant – PaySafe Group. As an eWallet, Neteller offers users a chance to conveniently transact in online casinos without paying massive fees. Of course, it also helps that players can retain some anonymity when using this option and that the transactions are often pretty quick.
Gambling Restrictions for Euro
As we’ve mentioned several times throughout this text, the Euro is a popular currency used in member countries of the European Union. With over 25 members and growing, this means that the gambling regulations in each of these locations in Europe tend to vary. The good news is, online gambling isn’t outright banned in any of them! While some do have heavier restrictions than others, most allow their citizens to enjoy the magic of online gambling at their own risk.
Since the gambling regulations for each member of the European Union are different, it’s best to keep up with them on a country-by-country basis. These can involve independent licensing authorities, unique online casino gaming laws, grey areas in the online gambling market, and more. It might seem like tons of work to keep up with this, but it’s not as bad as you might. The severity of online gambling restrictions in the area moves from light to moderate, so you shouldn’t expect anything too severe. For more in-depth information, you can check out our restrictions tab.
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