Poker Websites Hit Hard by Check Processing Issues
Many of the major online poker websites catering to US customers and a few of the more high volume sports betting operations have been hit hard by payment issues following the closure of a check processing service. The Internet poker sector was especially affected due to their high volume. These firms are unable to utilize more reliable processing firms based in North America due to the current legal climate. Check processing companies have had trouble handling high volume establishments. Customers of some online gambling businesses reported bounced checks after one processor apparently shut down.
Gambling911.com now follows a similar industry position not to name online gambling companies affected by known processing issues as this could severely jeopardize their ability to operate.
One informative reader of the poker forum Two Plus Two had this to say:
"How can U.S. customers be having trouble with the Poker Sites themselves? They really do not. They have a problem with the "new 3rd party processors" The same processors that I listed and was subsequently banned for playing on a certain online poker site for posting the web addresses they use to process U.S. customers deposits via credit card or checking account.
"The U.S. government and U.S. Financial institutions both take the stance that they do not allow online gambling. Was I banned from playing on UB and my thread locked b/c I continued to pursue the payment processor angle? Is it because if the U.S. government was made aware of how these sites process EFT deposits from checking accounts or Credit Card deposits, then the sites would have to leave the U.S. market again, until they come up a new way to circumvent to Unlawful Internet Gambling Enforcement Act passed in 2006? I think ALL the sites have a similar interests in this perspective."
