Only last year, the online gambling community was thrown into confusion when one of the industry leading payment providers, PayPal decided to stop any transaction originating from customer of online casinos. This decision was based on the, as then, Topsy-turvey climate that the online gambling industry found itself in. However, now that things have calmed somewhat, PayPal is now slowly starting to make its way back into one casino arena.
The first online casino to get the nod from Paypal was Ladbrokes, as it has a trusted name in the online gambling industry. 32Red has now also been allowed by PayPal to open its banking services to customers again, possibly because of 32Red’s award-winning customer focused operations.
Even after leaving the online casino market, PayPal is still the most popular choice for casino operators all over the world. Lots of companies have even tried to imitate the success of PayPal’s operation, but none have really succeeded to the same degree. PayPal currently allows customers around the globe to send money to online casino operators easily and quickly, without ever giving out any personal details.
With Europe’s online gambling industry finally being sorted out, it seems likely PayPal will be offering its services to many more online casinos as time progresses. Its also likely that the company will proceed with some caution, however, by only allowing the most trust-worthy and popular gambling operators to make use of its services.