Neteller to Re-Enter US Market With Caesars Partnership

Caesars Interactive announced on Tuesday it has partnered up with Isle of Man-based payment processor Neteller via its parent company, Optimal Payments. 

“This is a groundbreaking deal for Optimal Payments and demonstrates our ability to provide real value to globally renowned, land-based gaming operators and their leading brands, as the first step in our strategy to capitalize on the regulated U.S. market.”

Neteller was once among the most popular payment processors for US bettors until they were forced to leave the US market in January 2007 following the arrests of two company founders by US authorities.  Gambling911.com was the first to break that news story at the time. 

Caesar Interactive recently hired former Optimal Payments senior executive Ben Delfen. 

- Aaron Goldstein, Gambling911.com