75 Percent of Visa Credit Cards Not Working for NJ Online Gambling Sites

Written by :

Aaron Goldstein

Published on :

15 May, 2014

New Jersey online gambling companies are seeing around a 75% decline in credit cards, according to Matthew Katz of CEO of CAMS.

He recently spoke to Rebecca Liggero of CalvinAyre.com regarding the current climate in New Jersey when it comes to payment processing.

“I think the biggest challenge is just education, getting the bankers to understand how significant the technology and the processes all the regulators have in place to be compliant,” Katz said.

He also offered up another suggestion for operators to disclose those credit card issuing banks that do not permit online gambling transactions like Wells Fargo and Bank of America.

Check out the video below.

Video by Gaming & Poker news - CalvinAyre.com

- Aaron Goldstein, Gambling911.com

South Carolina Attorney Seeks Monetary Recovery From Polymarket, DraftKings

A South Carolina attorney is suing both Polymarket and DraftKings, claiming the sites offer sports betting to South Carolinians under the guise of selling event contracts.

The Mob Museum in Las Vegas Teams Up With Golden Gate Hotel & Casino to Showcase Limited-Time Only Artifacts

The artifact exhibition coincides with a new offer as part of the Golden Gate’s “The Night Starts Here” promotion, giving attendees 25% off Museum admission and players the chance to win free admission to The Mob Museum from Monday, Aug. 3 to Thursday, Sept. 3.

Inside SpinBet Online Casino and Its Mix of Pokies, Live Tables and Game Shows

Live casino game shows now rank among the fastest-growing categories in online gambling, and SpinBet Casino sits where pokies, live tables, and broadcast-style entertainment meet. This article traces how three formats ended up sharing one lobby.

$1.28M Jackpot Hit at Venetian Casino in Las Vegas

A lucky guest turned a $75 bet into a $1,283,510 win at The Venetian Resort Las Vegas over the weekend.