European euro online casinos
Most people living in Europe, within the European Union or in countries close to it, are looking for options to gamble using Euros. This currency is pretty stable, enjoys high rates in currency exchange (which is good even if you are not in the Eurozone and will have to exchange the winnings received in Euros), plus more and more countries slowly tend to accept this fiat currency as national.
As a result, looking for Euro deposit casino is a quest many gamblers face. Yet, have no fear, as all your troubles finding a decent Euro friendly casino sites end here at Casinority. We have already done all the work for you and have created a list of the best online casinos that take Euro. Check top online casinos that accept Euro out to see which site offers the most attractive conditions and the juiciest bonuses, and jump head first into winning real Euro cash in your favourite games.
Euro Currency - History
In the world of currency, Euros are similar to Esperanto in the world of languages. In other words, this is an artificially created currency offered for general usage on a certain territory. It was introduced back in 1999, after the Maastricht Treaty was accepted. Before 2002, Euro was used only as electronic currency, yet after 2002, it became a full-fledged currency used in many countries of the European Union.
The initial purpose of introducing Euro is to prevent the European currencies from fluctuating against each other, and against Euro as well. Due to such a centralized money policy, the countries could develop their markets having one fewer headache - the rate differences in currency exchange.
Euro actually has its roots growing from the European Monetary System considered back in 1979. However, only in 2002, 12 out of 15 countries of the Union accepted it as national, replacing their old money. Several other states joined them in the following years.
While the history of Euro is comparatively short, it is already obvious that its introduction made the European economy more stable, allowed faster growth and development, simplified many international operations and especially financial interactions.
What Countries Use Euros
Today, Euro is the second most popular, and the second most traded fiat currency in the world, giving way only to US dollar. There are some currencies that are stronger than both Euro and US dollar, but they are far less popular.
According to data of 2019, 19 countries use Euros as their national money
The following states and territories have certain monetary agreements considering the usage of Euro:
- Akrotiri and Dhekelia, Andorra
- Clipperton Island
- French Southern and Antarctic Lands
- Saint Bathelemy, Saint Martin, Saint Pierre and Miquelon, San Marino
- Vatican City
In the following countries, bank transfers and certain operations involving Euro are simplified according to the rules of the Single Euro Payments Area they are part of:
The next countries (and maybe there are actually more of them, but it is hard to double-check officially) use Euros unofficially:
The number of states using this money, and the number of states wanting to use it even unofficially impresses, and shows how beneficial it is to use Euro today. So, little surprise more and more online Euro casino sites, both within and outside the Eurozone - like online casinos of Greece, Portugal, Norway, etc. - are looking for ways to include EU into their range of accepted currencies.
Current Situation With Euros On The Market
Many casinos operating on the territory of the European Union, and also accepting players from countries that are not part of the Union (or not yet), offer EUR as one of the possible currencies they accept for deposit and withdrawal. This is done due to several reasons.
Firstly, as it has already been said, Euro is a stable currency. Secondly, the casino and the players do not need to bother with currency exchange and the exchange rates. Thirdly, international casino operators are always looking for new potential markets in new countries. If they are online casinos that accept Euro, it means more opportunities for collaboration with the governments of states the operator is about to enter.
Plus, usage of Euros is not an isolated phenomenon of the European Union. One of the best things about this situation is free market (in the majority of cases) and healthy reasonable competition between the operators.
All these market factors result in the consequence of many online casinos including EUR for depositing and withdrawing. This acts for the benefit of the venues themselves, and also serves as an additional attraction for certain group of gamblers. Currently, it seems that only online casinos accepting Bitcoin can be considered more attractive internationally than those online gambling sites that accept Euro.
Casino Bonuses With Euro
Gamblers from the countries of Europe are happy to have an opportunity of using Euro for deposits and Euro for withdrawal, because it helps them to avoid the hussle and losses connected to currency exchange back and forth. However, there is another perk that usually awaits such players, and these are special bonuses.
Firstly, as it has already been said, Euro is a stable and valuable currency, and obviously online casinos want more of it. So, they stimulate players to deposit and bet using EUR, by offering special Welcome bonuses, daily and weekly promotions, Free Spins, cashbacks, and additional Comp points.
Secondly, gamblers from specific countries, like European Union in our case, are in the majority of cases considered by the casinos more favourable, because the countries from which these players access the casinos are of stable economy, financially reliable, and have their gambling laws in place. So, the online casinos are more likely to get a loyal real money customer, plus have less risks of getting into trouble with local legislation, just in case.
Therefore, it always makes sense for online casinos to offer nice and juicy bonuses to gamblers from European Union, and to gamblers specifically depositing with Euros.
One of the best bonuses that can be is No Deposit bonus, or Free Spins. These two types of promotions allow the player to win cash in Euros without depositing own money.
Advantages of Betting With Euros
Besides grabbing some jaw dropping bonuses, and receiving special treatment as real money players at the online casino, there is a bunch of other advantages one can enjoy.
The first and the most obvious advantage is, of course, no need in currency exchange. This works in a number of ways - the players do not need to exchange their national fiat currency into Euros, or look for ways to deposit with Euros in case their country does not support bank transactions in this currency officially; it is easy to get a more comprehensive idea about the size of bonus, the size of bets, wagering requirements, commissions, and other financial stuff if the casino accepts Euros and the player uses Euros. After the withdrawal of the winnings, again, no currency exchange is applied, no hidden commissions for payment processing services for the gambler, and no need to look for e-wallets or other payment systems to convert the currency.
The second benefit is that the player from one country of the European Union can easily make bets at an online casino operated in, or from, a different country of the Union. There are no additional transactions, allowances, documents needed, since the currency is the same. The payment processing is transparent and simplified between the countries.
The third benefit is that, even if the gambler is not located in the country of the European Union, most banks around the world (or at least in countries close to Europe) take Euros very favourably, which means that depositing and withdrawing is likely to meet less obstacles from the payment systems of banks.
The fourth benefit grows from the fact that on the territory of the European Union, the majority of real money online casinos, both old and new, are properly tested and auditioned by the independent agencies, hold local and international licenses, and have seals of trust from different authorities. As a result, if the online casino accepts Euros, it is more likely to be safe and reliable, offering proper data encryption and protection.
The fifth benefit is that, even if Euro is not your national currency, and you cannot use it for paying for goods and services immediately, having your savings in Euros is extremely beneficial. So, in case you are not likely to cash out all your winnings in Euros and keep them on your card or e-wallet, this will be a reliable type of savings.
In other words, the advantages of betting at online casinos with Euros are numerous. if you have choice in terms of currency, we really recommend giving Euro depositing a try.
Popular Banking Methods For Euros
Those gamblers depositing and withdrawing Euros have a bunch of options for their financial operations, payment methods for Euro deposits in particular. One of the good news is that the Eurozone is comparatively unified in terms of legislation and safety standards, especially when it comes to money.
What it means for you as a casino customer? It means that the majority of European casinos, or casinos legally accepting players from Europe, have licenses and certifications, and these licenses and certifications pose certain standards for casino’s safety and reliability. So, those online casinos take their safety and their reputation very seriously.
This, in turn, means that not each and every payment processing operator, large or small, local or international, will be easily accepted as financial partner of a decent and licensed online casino. There are severe requirements to be met, and rules to be followed. Therefore, when you send or receive your Euros from an online casino, chances are your transactions are super safe and protected.
Now, what payment processing operators exactly are available to you? The following companies are the most popular:
- Visa plastic
- Mastercard plastic
- Amazon Payments
- G2A Pay
- Banca Intesa San Paolo
- Optimal Payments
- La Caixa
- ING Direct
- Banco Popular
- Bank Wire Transfer
As you can see, the choice of legit online casinos for Euro deposit, and the choice of banking options is more than abundant. Make sure you can find operator that meets your needs, and suits you in the most important aspects. It always makes sense to have more than one option for depositing and withdrawing Euros from an online casino, just to be on the safe side.
The Future of Euro Online Casinos
The future of the Euro online casinos is exciting, for three good reasons. Firstly, the Euro currency does not seem to give up grounds in the nearest future. Secondly, more countries are expected to accept Euro as their national currency, which expands the market a lot, and opens new opportunities for the gambling businesses. And thirdly, only few countries in Europe work on anti-gambling laws, and support the corresponding policy hostile to gambling as industry. Other states welcome this market segment as a source of considerable taxes to boost the economy.
So, the online casinos accepting Euro are about to increase in quantity, for sure.
Using Euros for deposits and withdrawals at online casinos is a good idea for many reasons. if you have choice between currencies, choose Euros and at least give it a try. You are likely to enjoy the results.