PayPal is Now an Option for Gambling Again

Like many companies around the time of the UIGEA, PayPal did their best to shy away from gambling since companies feared legal action and prosecution if they got involved in the matter.  And seeing how PayPal is part of a much larger entity in eBay, I figured we had seen the last of PayPal in the gambling sector….at least until the UIGEA is totally repealed.

But much to my surprise, PayPal is testing the waters of the gambling world again by aiding 75 different gambling companies with deposits and withdrawals.  Super Slots and Golden Casinos are among the 75-plus companies that PayPal has decided to work with again which has me wondering how long it will be before they dive back into the online poker world again.

The online poker and traditional gambling industries have pretty much gone side-by-side as far as their fates with gambling laws have went.  And I hope it is a similar situation with PayPal where the most trusted online baking company in the world will decide to do business with poker rooms again.

I can’t imagine how much easier it would be to just hop on PayPal and deposit or withdrawal money compared to the hassles of dealing with checks and other more obscure methods.  And this would eliminate another big problem in that players would actually have an online banking company to go to since NetTeller decided to jump ship.

Of course we’ll just have to wait until PayPal makes the decision to start working with online poker companies again before we can be certain.  However, I think that PayPal will no doubt make the decision that we’re all hoping for.