BetOnline is legal in the USA due to special exemptions from the UIGEA. BetOnline has been around since 2004 and is licensed by Panama to offer online gambling services worldwide, focusing on US markets. It holds licensing certifications from the Panama Gaming Commission and Costa Rica's Ministry of Sports, which ensure that they are regularly audited and adhere to secure banking methods such as encryption software throughout their operations. Since 2008, BetOnline also complies with applicable Federal law regarding financial institutions.