Online casino 32Red is the latest to partner with online payment processor PayPal, owned by auction giant Ebay. The site joins PartyGaming, Paddy Power and 888 in using PayPal’s services.
PayPal backed away from online gaming in 2002, but a subsequent relaxation of its policies has seen it contract with as many as 75 different online gaming operations in recent months.
“I don’t know where the caution came from but I think it was the company being mindful of American regulation,” 32Red operations director Pat Harrison said. “But I believe the U.K. Gambling Act and the European Union directive on money laundering have acted as a security blanket, and that PayPal is far more open to gaming companies than it used to be.”