Online poker players in Nevada can now use payment processor Paypal to make deposits to and withdrawals from WSOP.com.
Without great (any, really) fanfare, Caesars Interactive Entertainment’s Nevada-licensed WSOP.com site has added Paypal as a deposit option. iGaming Business was first to spot the change, and neither CIE nor Paypal has yet to make an official statement, although the WSOP.com site now includes Paypal in its list of acceptable payment methods.
iGaming Business reported that CIE would be adding the Paypal option to its New Jersey-licensed online gambling sites – including WSOP.com, CaesarsCasino.com and HarrahsCasino.com – sometime next week. It’s unknown if 888 Holdings, CIE’s New Jersey platform partner, will debut its own Paypal option at the same time.
The news will be welcomed by licensed operators in both states, who have had to deal with the big banks’ reluctance to process state-regulated online gambling transactions. Six months after New Jersey’s regulated online market went live, Mastercard was approving less than three-quarters of online gambling transactions in the state, while Visa was approving less than half and Amex wasn’t approving any.