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Pokerstars online poker site reacts to credit card clampdown
2/8/10 - The clampdown by Mastercard and Visa - allegedly on grounds that some online gambling operators are falsely coding transactions as non-gambling activities - last week has received a fast response from Pokerstars, the world's largest online poker site.
In a statement from the poker company this week, it has clarified its position regarding credit card payments from US-based customers, making clear that it does not re-code ‘7995’ online gambling transactions - and abhors the practice, using other legitimate payment channels availble to its US customers.
“Pokerstars does not, nor ever has engaged in the practices of mis-coded credit card transactions," the Pokerstars statement emphasises. "We have therefore been unaffected by any crackdown by Visa or MasterCard to close down such mis-coded processing accounts.
“We allow the issuing bank to decide whether the transaction should be approved or declined according to the correct coding of that transaction as 7995.
"The only way that Pokerstars is affected by credit card declines is when issuing banks in the United States (or indeed any other country) decide that they will decline 7995 coded transactions. In such instances it is company policy to provide the player with an alternative payment method.”
Meanwhile US player reaction continued to be critical of the moves by Visa and Mastercard, especially in light of current moves to leglse online gambing in the United States, and the postponement to mid-year of the implementation of the UIGEA regulations halting online transactions with online gambling companies.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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