PayPal Re-Enters Gambling Market

August 3, 2009 | Filed under: Casino | Posted by:






PayPal has decided to re-enter the online gambling market. It has been
their long-time policy against processing online gambling payments, but
they are now accepting payment from residents of the United Kingdom.


Surprising to some, they have lifted the ban on UK residents to instantly deposit funds into any casino or poker room. Their is speculation in the gambling industry that PayPal is gearing up to process gambling transactions for U.S. citizens, once the UIGEA is overturned and online gambling becomes legal in the United States.



It is clearly a good sign that companies like PayPal anticipate that online gambling will be legal within the United States by lifting their gambling ban.

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