PayPal Accepts Casino Payments | Ramblings of an e-trader

Friday 3 July 2009

PayPal Accepts Casino Payments

Since 2002, PayPal stopped accepting payment to casinos to keep to American laws which disallows online gaming. However, this year, PayPal has allowed casinos to use PayPal as a payment processor. I guess they have gotten the green light from the American government or something.

This serves as good news to users of PayPal who are into online gaming. This is a service with over 70 million users worldwide and it surely will open a whole new business market for online casinos and gaming outlets.

A friend asked me previously if he could pay for his games via PayPal and I told him that he should use his credit card instead. I was afraid that his PayPal account would be suspended for violation of the terms of use. I think he would be happy now to know that he could start paying for his games via PayPal!

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