• PayPal Enters Nevada Online Poker Market

    11 September 2015

    Onlinepokerus

    In many parts of the world, PayPal is a viable and common method for making reliable deposits and withdrawals for various forms of online gambling. In the United States, however, they pulled out of that market over a decade ago. For the first time, however, they are offering payments for online poker in Nevada through Caesars Interactive Entertainment. This is being offered for players on the WSOP.com platform with expansions coming soon.

    Future Expansion

    Something that really takes this announcement to the next level is the fact that they're rolling out PayPal as a payment option in their New Jersey properties as well with HarrahsCasino.com and CaesarsCasino.com coming up next. The WSOP.com site is also available in New Jersey. It's worth noting that PayPal has lifted its ban for regulated sites in Delaware as well, and this could prove to be particularly important because Delaware and Nevada have an agreement that was signed by their respective governors to share player pools for online poker.

    The Lack of Online Poker Growth

    Online poker hasn't really taken off with the regulated sites like a lot of people were hoping it would. The fact of the matter is that the states having to regulate the industry one at a time is putting a major cramp in regulated online poker getting anywhere in the United States because of the way the player pool ecology works for the game. Unlike other forms of gambling where you're competing against the house and player numbers don't really matter that much, you need an established base of players to really get things going for poker.

    Because each individual state started off as only allowing players to compete against each other from the same pool, there's not been enough players to really support play at the tables. In spite of the agreement between Nevada and Delaware, there's still no agreement with New Jersey, and this is hurting the size of the player pool. The introduction of PayPal as an option could really help this considering that some players still have problems depositing with credit cards, but a lot is going to have to change on a larger scale if they want poker to take off again like it did in the early-mid 2000s.


    Related News

    • 22 May 2019

      Pragmatic Play Signs Partnership Deal with Interwetten to Integrate Live Casino Offering

      One of the most popular content suppliers with a multi-product catalog, Pragmatic Play, entered a successful alignment with Interwetten. Under the terms of the agreement, Interwetten consumers will have access to… …Pragmatic’s Live Casino Games. The studio used the latest technology and innovative design to upgrade the experience to another level. This addition stands good chances of bringing an even wider spectrum of consumers. Great Milestone for Pragmatic:

      Read full article
    • 29 April 2019

      New Nolimit City Slot Goes Live at LeoVegas

      Nolimit City has just released the latest game in their lineup of online slots, but players can only find it through LeoVegas.com until May 2 as part of an exclusive deal the pair have struck. Travel to the Wild West At LeoVegas The game is called Tombstone, and it features a fun Wild West theme that will have players acting as the sheriff of an Old West town trying to maintain law and order while racking up cash prizes.

      Read full article
    • 29 April 2019

      NetEnt Announces Dead or Alive 2 Slot Release

      Dead or Alive 2 is the sequel to one of NetEnt's most exciting and beloved slot titles of all time, Dead or Alive. Players can enjoy all of the thrills and adventure they have come to love from the first title, but they will also get a whole new experience with even more ways to win. Revisit the Wild West

      Read full article