Online Casinos Accepting Hong Kong Dollar (HKD HK$)
Choosing an online casino operator that has the power to exceed your expectations is a demanding task. You should take into account various factors such as the game library, casino licenses, payment and withdrawal options, and currency availability. The general rule is the more one online casino has to offer, the more punters it will attract. For that reason, it is of paramount importance to conduct thorough research before activating your account with a particular brand. Otherwise, you can just read our detailed reviews and articles to fully grasp each aspect of the iGaming Industry. In this article, we would like to examine the online casinos accepting Hong Kong Dollar (HKD HK$).
The Hong Kong Dollar is not one of the most commonly used currencies in iGaming Industries. This is because all gambling activities on the territory of Hong Kong are illegal. Nowadays, most casinos prefer to deal with international currencies such as Euros and US dollars. However, this does not mean that there are no operators which accept HKD HK$. Rest assured that there are enough brands around the globe that support the currency. Generally speaking, citizens and guests of Hong Kong have the amazing opportunity to enjoy a wide variety of online casinos on the territory of the country. All you need is a fast and stable internet connection and some spare time to start the breathtaking adventure on Hong Kong online casinos.
Hong Kong Dollar (HKD HK$) Online Casinos- Fully Reviewed
So far we do not collaborate with a great number of online casino operators that support the Hong Kong Dollar. However, rest assured that we research the market on a regular basis and it is highly likely for us to add more brands in our overall casino list with the promising brands in the iGaming Industry. Currently, we have one online casino offering the currency. We believe that quality is more important than quantity and thus we would like to bring to your attention to the famous and respected Megapari Casino.
Megapari Casino is an excellent online casino operator who definitely knows how to run a successful business. During the years the brand has proven to be striving to develop in order to keep players entertained and satisfied. Judging by the fact that over 400,000 users bet with Megapari Casino, we do believe that the brand has accomplished its mission without facing any difficulties. What is more, the online casino is fully licensed, meaning that it works in compliance with the law. This is particularly important as every player wants to gamble in a safe and secure casino environment. Additionally, the brands work with some of the most thrilling game developers such as Microgaming, NetEnt, Pragmatic Play, and Play’n GO, meaning that no player will ever get bored with the operator.
What is more, the sports section of Megapari Casino is something that differentiates it from its competitors. Megapari Sportsbook includes over 1,000 events daily. You have the chance of betting on a variety of popular slots such as football, tennis, basketball, volleyball, boxing, handball, and much more. The brand also offers bets on cricket, snooker, Formula 1, ski jumping, and water polo. Most importantly, every day Megapari presents “The Matches of the Day”, which comprise the best daily offers. The brand offers you enhanced odds and increased stake amounts on those matches as well. By and large, the brand has definitely much to offer, so don’t waste your time and set up your free account today.
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History of Hong Kong Dollar
The Hong Kong Dollar is the official currency of Hong Kong. The currency is also accepted in southern parts of mainland China and the Macau Special Administrative Region of the People’s Republic of China. Besides, the currency has a rich history, too. In 1841, Hong Kong was established as a free-trading port in Asia. The country has become an important international trade center as a vast amount of trade flowed through the city. During these years, Hong Kong did not have a local currency, and as a result, Spanish and American silver Dollars, Chinese Yuan and Pound Sterling were commonly used. 4 years later, in 1845, Hong Kong began issuing its own banknotes with the Oriental Bank of Hong Kong establishment.
In 1842, however, the British assumed control over the city and the colonial government strove to make the Pound Sterling the official currency of Hong Kong. In 1863, this goal was achieved and the first legal coins specifically for Hong Kong were issued. The Royal Mint in London issued the silver dollar as the first regal coin, which portrayed the royal cipher on its face.
On November 9, 1935, the Hong Kong Dollar was declared the official currency, with an exchange rate that was fixed to the British Pound. Following this, many events took place which affected the local currency in Hing Kong. For instance, World War II, when the Japanese Military Yen became the only legal currency available. Nevertheless, as soon as the war came to an end, the Japanese Military Yen became obsolete, which resulted in Hong Kong in regaining full control of their banks.
Advantages of Using HKD HK$ in Online Casinos
There are many advantages of using Hong Kong Dollars in online casino operators, especially for citizens of Hong Kong. The first point to bear in mind is that when people are using their local currency, they will deposit and withdraw with it. This means that these players will not be overwhelmed with unnecessary calculations, which are inevitable if you have a bank account in HKD and make deposits in Euro, for example. Such convenience is very welcome to players located in Hong Kong and for that reason, we do recommend them to make use of these brands which support the HKD currency. What are more, online casinos which are internationally-recognized support this currency? This means that if you play using HKD, you can expect a brand that will offer you secure payouts, safety when it comes to account details, excellent game variety, and appealing bonuses.
Popular HKD HK$ deposit methods and withdrawals
The fascinating HKD online casinos will provide you with the opportunity to gamble for fun and real money. Additionally, they will offer a wide variety of deposit and withdrawal options to its customers. Above, we have examing what are the advantages of using your local currency in an online casino operator, and thus, in this section, we would like to raise your awareness of the various offers to do so possibly.
The operators which support HKD offer e-Wallets such as Skrill and PayPal. These offer a hassle-free and transparent environment, so making use of them is also a good idea. Additionally, from WeChat Pay, Union Pay to Bitcoins, and debit or credit cards, there is a great number to purchase casino credit and receive your winnings via these regulated sites. However, keep in mind that the requirements for each may differ from operator to operator. What all of these have in common, though, is that they are all about confidentiality and decency.
Tips on finding a great Hong Kong Dollar Casino
Finding a thrilling online casino operator is always a tough task. As you might be aware the iGaming Industry is undergoing a massive change for the better and every day we can see a different development we have never expected to experience. As a result, we always encourage you to dedicate sufficient time before activating an account with a particular online casino operator. What we do when assessing an online casino is, firstly, checking its licenses. Holding a license will prove that the operator abides by the law and therefore that you can fill in your personal and financial information without second thoughts.
A further consideration we take into account is the gaming library. Always look through the assortment of online games the casino HKD of your chosen features. Moreover, always look at whether the Hong Kong Casino partners with leading iGaming software providers such as Playtech, Microgaming, NetEnt, and Pragmatic Play. These will guarantee that you will have positive gaming experience and that you will make use of the most thrilling casino products with the most innovative and immersive features possible.
Likewise, always check out the payment options. As we have already discussed, online casinos, supporting HKD usually offer an abundance of such payment options, meaning that you have nothing to worry about. Last but certainly not least, customer support is of paramount importance, too. Offering features such as 24/7 live chat will undoubtedly attract a great number of punters, as this will indicate that the brand is completely reliable. By and large happy staff is equal to happy customers.
Legal Online Gambling Status in Hong Kong
Gambling on the territory of Hong Kong is unfortunately illegal. As a result, if a person is found to be participating, organizing or promoting any gambling activities, he will usually be fined or worse- imprisoned if they fail to pay the fine. Unfortunately, these regulations apply to online gambling activities as well. On the bright side, the government has no authority to impose any restrictions to players once they set up an account with an operator, operating outside of Hong Kong. Therefore, online casino players located on the territory of Hong Kong can experience first-hand some of the most promising brands in the iGaming Industry, regardless of the fact that it is illegal in their country.
Generally speaking, Hong Kong does not support online gambling, but on the contrary, the Government has not imposed any measures to stabilize the situation. Moreover, such actions are not likely to take place in the near future as well. Perhaps, this is to discourage people from engaging in online casino activities, as the online casino in Hong Kong is not regulated. If a casino is not regulated, it means that it can basically do whatever it wants such as introducing big taxes in order for a withdrawal to take place. Additionally, the Government will not block any illegal sites which put many gamblers at a high risk of losing cash. For that reason, we do encourage you to play only at regulated online casino operators as this will guarantee a safe, secure, and transparent gaming environment.
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FAQ about Hong Kong Dollar Casinos
If you are a citizen or visitor of Hong Kong, then it is way better for you to choose an online casino operator where you can deposit in HKD, due to the fact that changing money into dolalrs might happen to be very expensive. On the other hand, almost every casino around the globe accepts US Dollars, making it one of the most convenient currencies as far as the iGaming Industry is concerned.
If an online casino support HKD as a currency, you will be able to see the promotional campaigns and bonus offers listed and paid in HKD HK$.
Gambling is generally unregulated in Hong Kong, and thus your winnings are not currently taxed. However, this might vary from one operator to another. In terms of using credit cards or online payment platforms you might happen to pay fees but this will depend entirely from the casino operator you are registered to.
Online Gambling on the territory of Hong Kong is illegal. For that reason, you will need to register at an international operator. As far as we are concerned, we recommend HSBC, but rest assured that other bank will do great job as well.
We cannot answer this question while being 100% sure. However, we do recommend you to try out Megapari Casino, as the operator has proven to be capable of satisfuble the most demanding casino players worldwide.
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