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Online gambling co. optimistic on planned credit card act

June 13

Yesterday, PartyGaming, one of the the World's largest online gambling poker company, mentioned that it anticipated that plans for a US law to prohibit credit card companies from doing business with online gambling casinos would not come to light.

Senators in the US are poised to criticize online casinos by disallowing banks and credit-card companies from permitting their customers in the US  to use their credit lines for online gambling bets.

The planned law is being supported by Jon Kyl a Senator from Arizona. It is expected that this very topic will be discussed after the Senate come back from summer session break.

If the new planned law does take affect, it would really get in the way of many online gambling casinos abilities to reach most of their online patrons..

In the past few years, online poker has risen in popularity to become the most popular form of online gambling. This is due to the fact that there are so many highly publicized poker tournaments taking place all over. Many of these tournaments have drawn high-profile celebrities. Poker draws a wide variety of players - both genders, young and old. 

Improved broadband access and high tech software have led to a major boom in online poker playing industry.

We will follow this story here at GamblingPhD and are in anticipation of what the Senate rules on after the session break.

    

 


 


 


 


 


 

 


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