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PayPal Is Entering the United States Regulated Online Gaming Market

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PayPal has been approved by gaming regulators in Nevada, while it is entering the New Jersey and Delaware online gambling sectors. Both are expected to give their approval to the US-based payment service, which should provide a much-needed boost to the New Jersey online gaming industry.

The processing of payments has been a major issue for New Jersey gamblers. VISA is approved only 44% of the time it is used by gamblers, while MasterCard is approved at a 73% rate. Both are networks including tens of thousands of local banks, so the decision to accept or decline a gambling-related transaction is left to the individual financial institution. Many banks want to stay away from gaming-related ventures altogether, a trend which continued even after new gaming codes were implemented to help with acceptance.


Read more: PayPal Is Entering the United States Regulated Online Gaming Market
Join: 2006/12/07 Messages: 29893
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Manne wrote: PayPal has been approved by gaming regulators in Nevada, while it is entering the New Jersey and Delaware online gambling sectors. Both are expected to give their approval to the US-based payment service, which should provide a much-needed boost to the New Jersey online gaming industry.

The processing of payments has been a major issue for New Jersey gamblers. VISA is approved only 44% of the time it is used by gamblers, while MasterCard is approved at a 73% rate. Both are networks including tens of thousands of local banks, so the decision to accept or decline a gambling-related transaction is left to the individual financial institution. Many banks want to stay away from gaming-related ventures altogether, a trend which continued even after new gaming codes were implemented to help with acceptance.


Read more: PayPal Is Entering the United States Regulated Online Gaming Market
That's really great news!!
Join: 2006/12/11 Messages: 1758
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mike1 wrote: That's really great news!!
In the past few days, a few U.S. online gambling websites have started to accept PayPal 😁
Join: 2006/12/07 Messages: 29893
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Manne wrote: In the past few days, a few U.S. online gambling websites have started to accept PayPal 😁
That's really a good news. hoping that there will be a continuous progress.
Join: 2015/09/08 Messages: 8
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LaurenAlly wrote: That's really a good news. hoping that there will be a continuous progress.
That's exactly what people have been waiting for.
Join: 2008/12/18 Messages: 846
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David_1 wrote: That's exactly what people have been waiting for.
That's exactly what people have been waiting for.

I will post the sites when i get more information! 😁
Join: 2006/12/07 Messages: 29893
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Manne wrote: That's exactly what people have been waiting for.

I will post the sites when i get more information! 😁
Good things are happening in the gambling world !
Join: 2007/02/24 Messages: 1205
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kennex wrote: Good things are happening in the gambling world !
PayPal just did something big, very quietly.

Online payment processing company PayPal has re-entered the American online gambling market!!
Join: 2006/12/07 Messages: 29893
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Manne wrote: PayPal just did something big, very quietly.

Online payment processing company PayPal has re-entered the American online gambling market!!
Many gambling sites will not be offering any paypal transactions but a few selected with heavy regulations. Did you really believe this is going industry wide?
Join: 2006/12/07 Messages: 2120
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ixgames wrote: Many gambling sites will not be offering any paypal transactions but a few selected with heavy regulations. Did you really believe this is going industry wide?
Many gambling sites will not be offering any paypal transactions but a few selected with heavy regulations. Did you really believe this is going industry wide?


PayPal continues to expand. In the end all gambling site will entering paypal Its all about the money!
Join: 2006/12/07 Messages: 29893
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Manne wrote: Many gambling sites will not be offering any paypal transactions but a few selected with heavy regulations. Did you really believe this is going industry wide?


PayPal continues to expand. In the end all gambling site will entering paypal Its all about the money!
Over the next couple of years, you could make triple-digit gains in one of the most innovative companies in America: PayPal Holdings Inc (NASDAQ😋YPL).

You won’t get rich quick. But as I’m about to show you, a huge run in PYPL stock is almost inevitable. And before the move is over, this catalyst could see PayPal’s stock price double… or more.
Join: 2006/12/07 Messages: 29893
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Manne wrote: Many gambling sites will not be offering any paypal transactions but a few selected with heavy regulations. Did you really believe this is going industry wide?


PayPal continues to expand. In the end all gambling site will entering paypal Its all about the money!
PayPal continues to expand. In the end all gambling site will entering paypal Its all about the money!

You keep thinking that, my advice is to read the article you posted.
Join: 2006/12/07 Messages: 2120
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ixgames wrote: PayPal continues to expand. In the end all gambling site will entering paypal Its all about the money!

You keep thinking that, my advice is to read the article you posted.
You keep thinking that, my advice is to read the article you posted.


Please post in this topic about 2-3 months. And please consider what you write!
Join: 2006/12/07 Messages: 29893
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Manne wrote: You keep thinking that, my advice is to read the article you posted.


Please post in this topic about 2-3 months. And please consider what you write!
Online Betting Sites that Accept PayPal

Bet365

BetWay

Ladbrokes

William Hill

You will find them here

PayPal is available for betting sites in the Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden and UK. Nevada and New Jersey players may also use PayPal for online gaming deposits in the U.S. Players in these states cannot use credit or debit cards to fund a betting account.
Join: 2006/12/07 Messages: 29893
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Manne wrote: Online Betting Sites that Accept PayPal

Bet365

BetWay

Ladbrokes

William Hill

You will find them here

PayPal is available for betting sites in the Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Portugal, Spain, Sweden and UK. Nevada and New Jersey players may also use PayPal for online gaming deposits in the U.S. Players in these states cannot use credit or debit cards to fund a betting account.
Should You Own PayPal Stock Today?


PayPal (NASDAQ😋YPL) is no longer living under eBay's roof. The e-commerce giant spun off PayPal in July thereby enabling PayPal to emerge as its own publicly traded company on the Nasdaq. The company's newfound freedom should render PayPal more nimble and therefore better able to fend off competitive threats in the payments space -- an industry that is evolving at a breakneck pace these days.

However, increased competition from deep-pocketed rivals such as Apple (NASDAQ: AAPL) could hinder PayPal's mobile ambitions. With multiple forces at play here, let's take a closer look at the pros and cons of PayPal since its spinoff to uncover whether the stock is worthy of your portfolio today.

The good stuff, with a side of competition
PayPal's payments processing business, Braintree, is a major catalyst for the company. It acquired Braintree for a cool $800 million in 2013 when it was a start-up with around 4,000 merchants. This was a smart investment for PayPal because it gave the company much-needed oomph in the mobile payments space. With clients such as Uber, Airbnb, OpenTable, and TaskRabbit, Braintree was already a leader when it came to processing mobile payments.

Importantly, mobile commerce, or purchases made on mobile devices such as smartphones, is one of the fastest-growing segments of e-commerce today. In fact, eMarketer estimates that mobile devices will account for "one in four retail e-commerce dollars" earned next year. Meanwhile, "In 2017, U.S. retail m-commerce sales will top the $100 billion mark," according to eMarketer.

Thanks to its purchase of Braintree, PayPal is well-positioned to capitalize on this mobile commerce trend. Under PayPal's guidance, Braintree is already enjoying double-digit growth and is expected to surpass $50 billion in transactions this year. When PayPal was under eBay's roof it didn't break out revenue figures for Braintree. However, this could change now that PayPal is an independent company, therefore investors should keep an eye on this when PayPal reports its third-quarter results next month.


Read more: Should You Own PayPal Stock Today? -- The Motley Fool
Join: 2006/12/07 Messages: 29893
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Manne wrote: Should You Own PayPal Stock Today?


PayPal (NASDAQ😋YPL) is no longer living under eBay's roof. The e-commerce giant spun off PayPal in July thereby enabling PayPal to emerge as its own publicly traded company on the Nasdaq. The company's newfound freedom should render PayPal more nimble and therefore better able to fend off competitive threats in the payments space -- an industry that is evolving at a breakneck pace these days.

However, increased competition from deep-pocketed rivals such as Apple (NASDAQ: AAPL) could hinder PayPal's mobile ambitions. With multiple forces at play here, let's take a closer look at the pros and cons of PayPal since its spinoff to uncover whether the stock is worthy of your portfolio today.

The good stuff, with a side of competition
PayPal's payments processing business, Braintree, is a major catalyst for the company. It acquired Braintree for a cool $800 million in 2013 when it was a start-up with around 4,000 merchants. This was a smart investment for PayPal because it gave the company much-needed oomph in the mobile payments space. With clients such as Uber, Airbnb, OpenTable, and TaskRabbit, Braintree was already a leader when it came to processing mobile payments.

Importantly, mobile commerce, or purchases made on mobile devices such as smartphones, is one of the fastest-growing segments of e-commerce today. In fact, eMarketer estimates that mobile devices will account for "one in four retail e-commerce dollars" earned next year. Meanwhile, "In 2017, U.S. retail m-commerce sales will top the $100 billion mark," according to eMarketer.

Thanks to its purchase of Braintree, PayPal is well-positioned to capitalize on this mobile commerce trend. Under PayPal's guidance, Braintree is already enjoying double-digit growth and is expected to surpass $50 billion in transactions this year. When PayPal was under eBay's roof it didn't break out revenue figures for Braintree. However, this could change now that PayPal is an independent company, therefore investors should keep an eye on this when PayPal reports its third-quarter results next month.


Read more: Should You Own PayPal Stock Today? -- The Motley Fool
Great sites they are taking over still no US sites. It's time for waiting.
Join: 2007/02/24 Messages: 1205
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kennex wrote: Great sites they are taking over still no US sites. It's time for waiting.
Great sites they are taking over still no US sites. It's time for waiting.


PayPal's official policy states it cannot be used for any online gambling, unless PayPal has approved the merchant. PayPal has been working in the U.S. with daily fantasy sports sites including DraftKings and FanDuel, which are not technically gambling sites. Yet the payments company had been very quiet about it. Online gambling websites have started to accept PayPal. Its going slow but It will coming!!
Join: 2006/12/07 Messages: 29893
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Manne wrote: Great sites they are taking over still no US sites. It's time for waiting.


PayPal's official policy states it cannot be used for any online gambling, unless PayPal has approved the merchant. PayPal has been working in the U.S. with daily fantasy sports sites including DraftKings and FanDuel, which are not technically gambling sites. Yet the payments company had been very quiet about it. Online gambling websites have started to accept PayPal. Its going slow but It will coming!!
Pay with the new PayPal Chip Card Reader

PayPal Here users will be able to use the new PayPal Chip Card Reader to accept payments via Apple Pay and Android Pay, in addition to the more familiar credit and debit card options. The new reader launches in the US on 30 September, before spreading to the UK and Australia further down the line.

To find out more....head over to the PayPal website.
Join: 2006/12/07 Messages: 29893
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Manne wrote: Many gambling sites will not be offering any paypal transactions but a few selected with heavy regulations. Did you really believe this is going industry wide?


PayPal continues to expand. In the end all gambling site will entering paypal Its all about the money!
Total option volume in PayPal topped 25,000 yesterday, nearly quadruple its daily average for the last month. :cool:
Join: 2006/12/07 Messages: 29893
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Manne wrote: Total option volume in PayPal topped 25,000 yesterday, nearly quadruple its daily average for the last month. :cool:
There was no shortage in attendance at day two of the largest career fair in the southeast. UF students were able to talk with nearly 200 employers Wednesday at the career showcase on campus.

Of the 400 employers present in the last two days, 90 of them were here for the first time, including Facebook and PayPal. Several of these companies say they see potential in students from this area.
Join: 2015/09/20 Messages: 247
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