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Online casino operator 32Red.com has passed the stringent PayPal acceptance criteria and is now offering PayPal facilities as a depositing and payment option to its clients.
The online casino does not accept players from the United States, where PayPal has previousy shied away from online gambling processing after a stiff $10 million settlement was levied on it by enforcement officials some years ago.
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PayPal is now offered by a growing number of Europe-facing Internet gambling groups that includes PartyGaming and 888, along with upwards of 70 other operators in the industry.
32Red's COO, Pat Harrison is on record as saying he believes the reformed Gambling Act in the United Kingdom and the European Union directive on money laundering have acted as a security assurance, and that PayPal is far more open to Internet gambling companies than was formerly the case. Harrison commented that getting a PayPal approval rating was one of the most onerous due diligence processes in 32Red's experience as a tier one online casino operator.
Cryptologic 14 top games to be provided to Loto-Quebec -
02/08/2012 : The companies have signed a multi-year agreement that will see Cryptologic providing a portfolio of quality games to the Societe du jeu virtuel du Quebec, the online gaming division of the provincial state lottery corporation Loto-Quebec, known as Espacejeux.
Utah : Online Gambling : HB108 -
02/08/2012 : An intrastate attempt by Utah politician Stephen Sandstrom to introduce state legislation banning any legalisation of internet gambling has failed at the start gate.
MORE U.S. DISCUSSION ON INTERNET GAMBLING DUE THIS WEEK -
02/08/2012 : Interest in online gambling in the United States is set to continue on Thursday this week when the US Senate Committee on Indian Affairs meets to hear the views of a wide cross section of interested parties on the possible impact of legalised internet gambling on tribal gaming.
Judge wont dismiss DoJ Black Friday charges -
02/08/2012 : Former Utah banker John Campos and e-processor Chad Elie, who face charges relating to the payment processing of online poker transactions, suffered a setback Tuesday when a Manhattan judge refused to allow their motion for dismissal of Black Friday indictments against them.
ANOTHER MAJOR INTERNET GAMBLING BUST IN MALAYSIA -
02/08/2012 : Police units in Malaysia raided a series of premises in a week long anti-online gambling operation, seizing 225 computers and detaining 47 men, according to reports from the Bernama news agency. All of the detained men were later released on bail.
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