Still Many Online Gambling Payment Options In Canada

Published Saturday, January 11, 2014 -
Still Many Online Gambling Payment Options In Canada

2013 was an interesting year for the global online gambling industry what with the reintroduction of internet wagering in Delaware, internet poker in Nevada and the challenge the State of New Jersey has made federally to offer sports betting over the net.

While internet wagering has been around and regulated in the U.K. for some time the rest of Europe is slowly coming to grips with the number of monopolies some members of the Union still employ.

A lot of attention has been focused on mobile gambling and the payment processing involved. One big news item that seemed to get a lot of press was the decision by Moneybookers now renamed Skrill to remove its services from the Canadian gambling market.

While American betters were not allowed to transfer funds to offshore operators the Canadian punter has had the option of using credit cards for gambling transactions without issue. But by far the most popular method for Canadians was the use of Moneybookers as backed up by stats that revealed 1 in 5 deposits from Canadians was with Skrill. An email from Skrill shocked Canadian punters when they were told that as of January 2nd 2014 they would no longer be allowed to use the company to process gambling transactions. Canadians are still able to use Skrill for non-gambling related transactions.

It has been suggested that Skrill did this in order to comply with the contract they obtained in the State of New Jersey to process gambling transactions.

The clean slate aspect is the most plausible cause of the withdrawal as well as the potential that Skrill is in the running to offer its services in the new Ontario online gambling initiative soon to be launched. Whatever the reason there are still many payment options open to Canada’s gambling public such as Instadebit, WebMoney, UKash and Play Safe Card.

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