Online casinos accepting players from Palau

Officially known as the Republic of Palau and one of the world’s smallest nations, Palau is an island country and microstate in the western Pacific. The nation spreads across a total area of 466 square kilometers and gathers approximately 340 islands, with Koror being its most populous island.

Land-based and online gambling is neither legalized nor regulated in the country, however, locals do gamble on the internet. Those interested in having fun in interactive casinos visit offshore casinos which accept Palauan players.

Based on data from January 2022, the internet penetration rate in Palau amounted to 48%, which is rather low. This probably has a certain impact on the regulation of the iGaming industry in Palau itself, as a reliable connection is of great importance for a smooth iGaming experience.

Laws and Regulations

Except for social gambling, non-profit organizations, and offshore gambling, all other forms of gambling are illegal in Palau. There were multiple attempts to legalize this activity, but none of the proposals made it to the final stage. The social gambling age is tied to the age of majority which is 18 under Palauan law.

Due to the absence of relevant laws and regulatory institutions in charge of governing the iGaming sector, there are no locally licensed online casinos. Players who want to gamble on the internet can visit foreign betting websites.

Individuals are usually not prosecuted when gambling online on offshore platforms, but those who offer it could face punishments. In July 2022, 60 people from China were caught conducting unlicensed online gambling operations from a certain hotel.

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Player Protection and Responsible Gambling Measures

All territories where gambling is unregulated have no player protection measures in place, and such is the case with Palau. The country has no institutions or regulatory bodies in charge of assisting players with gambling-related issues. That’s why players need to educate themselves on how to gamble responsibly and what to do if they have trouble managing their gambling habits.

Almost all casinos, or at least the ones licensed by stringent regulators, have a section called “Responsible Gambling”. That’s where players can find some questionnaires and directions on how to spot problematic behavior and which steps to take in order to prevent the situation from escalating.

In the very same section, they can also find some handy tools which can help them with time and money management. There are options to adjust deposit, wager, and loss limits. Also, cool-off and self-exclusion allow players to take a break for a specific period of time, ranging from 24 hours to up to a couple of months or even years.

Once again, these tools are usually found on the platforms greenlighted by a regulatory institution. Dealing with unlicensed casinos, no matter how attractive they may seem on the surface is too risky, and in a way, irresponsible behavior.

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Payment Methods and Banking

The official currency of Palau is the United States dollar (USD), which is among the most used currencies in online casinos worldwide. Fans of innovative payment options, namely cryptocurrencies, can use Bitcoin, Ethereum, Litecoin, or other assets to fund the account or cash out.

It’s interesting to mention that this tiny country is seeking ways to blaze a trail with official cryptocurrency. To be more precise, Palau is exploring the possibilities of launching a government-backed national stablecoin. Yet, a solid regulatory framework needs to be established, otherwise, the country could easily gain the reputation of scammers paradise.

Each casino has its own payment policies, and players need to get acquainted with the rules before funding the account. Checking the list of featured deposit and withdrawal methods is the first thing to do.

After that, take a look minimum and maximum amounts for transactions. See if larger winnings are divided into installments or if the operator processes them as a lump sum. Check the policy on progressive Jackpots and winnings derived from both no-deposit bonuses and deposit-based offers.

Also, pay attention to the fees. Most operators impose no additional costs on deposits but do charge commissions on withdrawals. Yet, there are always exceptions.

Finally, keep in mind that sometimes ID verification is mandatory, while in other cases it’s optional. It also depends on the specific banking method you’ve selected. Some casinos require it upon registration, others after a successful deposit while some ask players to complete it upon making the initial cashout request.

This checklist will help you narrow down the options, and you will end up with a payment method that perfectly fits your need.

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What Should Players from Palau Pay Attention to When Selecting a Casino?

In countries such as Palau, where the iGaming sector is unregulated, people need to be extra careful when choosing an online casino. As there are no regulatory institutions to assist them when something goes wrong (for example the operator refuses to pay winnings or has unresponsive customer support), they need to open their eyes as wide as possible.

As we mentioned earlier, license and payment policy are just two of the few aspects to pay attention to when presented with a casino. Any additional security certificates, approvals issued by testing agencies, and similar are a huge plus.

Once you check these, head straight to the portfolio to see which game developers and genres are featured. If you prefer slot games, then pick casinos that offer a variety of them. In case other genres are your cup of tea, then look for operators which have a good selection of table games, video poker, and live dealer games.

Furthermore, see what’s the selection of promos and bonuses like. Don’t forget to check the rules on playthrough requirements, contribution percentage, and cashout limits on winnings from bonus offers. Explore the page to see if there are tournaments, Loyalty schemes, and similar incentives.

Finally, if you are an avid fan of mobile gambling, access the page on your portable gadget and see how it functions and whether the entire selection of games is included. Once your investigation is done, the selection will narrow down to one or two websites, making it much simpler for you to decide.

Have fun and gamble responsibly!