iGaming Business – Internet payment processor PayPal is set to enter into the regulated online gambling market in the US, according to various media reports.
Although the company is yet to make an official announcement in regards to its plans, various reports have said that PayPal will begin processing payments for licensed online poker and casino sites in the regulated US states of Nevada, New Jersey and Delaware in the coming months.
PayPal previously announced that it would not process any online gambling transactions, a stance it has so far upheld.
The internet payment processor currently has more than 150 million customers around the world and the addition of PayPal to the regulated US online gaming market could help attract new players and increase website traffic.
The Future of iGaming in America
With the recent challenges to Internet gambling in the United States, a pannel discussion at the Global Gaming Expo addressed the issue this week. Moderated by Lloyd Levenson, Chairman of the Casino and iGaming Law practice group, this panel of experts discussed the issues […]
FanDuel Harvests Zynga’s Sports Employees US fantasy sports company FanDuel has recruited 40 developers who previously worked for Zynga as part of a move to strengthen its operations in the country.
FanDuel’s new offices in Orlando have been opened to support its established bases in New York and Los Angeles, as well as in […]
Some States Legalize Online Poker, More States Look to Follow Pokerati - Many people in the United States, especially poker players, are hearing more and more about States legalizing, or looking to legalize poker over the Internet. However, with all the information on the World-Wide-Web floating around on this topic it can be a bit confusing so […]