PayPal Accepted at 32 Red Online Casino
Published on: July 6, 2009
PayPal UK has not been used at online casinos in the past. In fact for 7 years they have not allowed any online casino to offer their services. However, PayPal has now lifted this ban for 32 Red online casino. PayPal ceased allowing online gambling transactions in 2002. They feared the United States law. In 2002 the United States passed an unlawful gambling act that stated any bank or financial institution processing online gambling transactions would be prosecuted.
32 Red has become the 75th online casino to allow players to deposit and withdraw funds. There are 70 million people around the world using PayPal for other transactions. Now they are able to add gambling transactions to the mix. There is a minimum for the deposit that one can make in the transaction. One must deposit ten pounds, Euros, or dollars from PayPal to the online casino or from it. At the moment there are no other currencies available for transfer in the online casino world for PayPal.
32 Red stated they are happy to be joining with PayPal to offer another transaction option. PayPal is one of the most simple and convenient online options. With using PayPal it will make the online casinos banking methods easier, thus players will be able to benefit. They feel the alliance with PayPal will also encourage more players to join the online world.
32 Red has been working this year to offer a great deal more to their online players and for new players as well. In fact they have just made a sponsorship deal with Swansea City Football Club to offer tee shirt prizes in their contests. This is not the only sponsorship they have created. There have been at least a dozen other football clubs to sign with the club to offer merchandise their players will enjoy.
So this move with gaining PayPal as their major banking system is just another step in the right direction. Though they are the newest to use PayPal since the ban has been lifted by the company, they will undoubtedly be seeing several of their players converting to the casino payment method.
PayPal UK is able to get around the US ban due to the fact that they are not allowing US players to use their system. They also lifted the ban in anticipation of the law changing based on the EU and representative Barney Frank.
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