PayPal withdrew from the online gambling market a few years ago after the US government began to crackdown on the industry. It appears that they now have decided to slowly move back into the market within jurisdictions that have clearly legalised online gambling.

Right now, PayPal is focused on offering online gambling transactions to citizens of the United Kingdom, but only at the best online casinos in the UK. In the beginning, Ladbrokes and 32 Red were the first online casinos to accept PayPal transactions. It has now been revealed that they’ve added Virgin Casino to the short list of operators that can now process gambling transactions.

PayPal was established in 1999 and it has become one of the largest payment and money transfer providers on the Internet. Rumor is that PayPal plans to re-enter the US market once legislation is in place that will legalise online gambling. It may be tough for them to re-enter the market because US gamblers will never forget how PayPal once abandoned the gaming market.

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Norway’s UIGEA went into affect on the same day as the UIGEA was implemented within the United States. The norwegian government has implemented the ban on all financial transactions between online gambling sites and its residents. The European Free Trade Association had warned about the implementation of this new law, but Norway decided to ignore their concerns.

Norway has insisted that this new law is being implemented to protect against fraud and problem gambling, but it’s much more likely that is protection against foreign operators intruding on Norway’s gambling monopoly. Norway is rumored to have an aggressive marketing campaign for its state owned gambling establishments and they try hard to recruit new players into their casinos. The European Free Trade Association will soon challenge Norway’s new gambling law. Norway’s UIGEA will only be effective if the government can find a way to stop all illegal gambling.

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