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Paypal Returns to Online Gambling in USPublished September 12, 2015 by Sol FH
Paypal has been approved to once again provide its turnkey payment solution to online gambling platforms in Nevada, and eyes Delaware and New Jersey markets in future.
After a number of years, Paypal has been approved as an online and mobile payment option for online gambling operators to offer their players in Nevada, Delaware and in New Jersey. This is great news for US online gambling, as Paypal can give the industry boost that many US-based operators need during these first few years of US regulation and WSOP Poker is one of the first to offer the payment solution.
In addition to WSOP online, Caesars online casino and Harrahs Casino will also begin to offer Paypal in New Jersey, with Caesars already offering in Delaware and Nevada. This will undoubtedly be music to the ears of millions of players that already use Paypal on a daily basis and operators are sure the decision to lift the Paypal ban will increase player traffic.
888 Still Out
For the meantime, popular online poker platform 888 will not be offering Paypal to its customers, as they try to build a presence in Nevada. 888 Poker and WSOP both run on the same network in New Jersey and it is most-likely a matter of time until the poker giants offer the payment method to their players.
The ban on Paypal in the US for online gambling was incredibly harsh. Before the ban was lifted, players even mentioning gambling in a comments section would leave one with a blocked and flagged account. Players are already using the service and it works just like it should. Players in New Jersey are calling the move "Huge" and "pretty sick", with market forecasters certain that the trend of online gambling and accepted payment methods in the US is set to grow in the near future.
It is a big move and anyone living in the three states in which online gambling is legal, can use Paypal quite easily for its instant transactions on one of the safest platforms in the world today.