Tag Archives: payment processing

Russia blacklists payment processors Skrill and Qiwi over online gambling links
July 15, 2016
Russia’s communications regulator has put two major payment processing sites on its blacklist because of their links to online gambling. On Thursday, Russia’s Roskomnadzor agency slapped its scarlet letter on Skrill and Qiwi for (a) containing links to unauthorized online gambling sites and (b) facilitating payments for same. Both sites...
RegularPay company announced an exclusive partnership proposition
May 31, 2016
31.05.2016 – RegularPay has launched a new campaign for its partners. Since now cooperation with RegularPay brings even more rewards than ever! Aiming to enhance and improve its services, payment provider RegularPay is constantly developing. Its innovations and team of professionals do their best to encourage its partners business prosperity....
Payment processor Vantiv stops handling daily fantasy sports transactions
January 29, 2016
Online payment processor Vantiv has announced it will no longer handle payments for daily fantasy sports operators, a potentially devastating blow for the already reeling DFS sector. On Friday, the New York Times reported that Vantiv had informed its DFS clients – including market leaders DraftKings and FanDuel – earlier...
US Attorney in Florida indicts BetOnline payment processing ring
December 7, 2015
Federal authorities in Florida have indicted three men for illegally processing financial transactions with international online gambling sites, including Panama-based BetOnline. In an indictment filed in July but which only recently surfaced online, the US Attorney for the Middle District of Florida, Orlando Division accused David Stewart, Jason Neiman and...
TradeSports.com closing; class action lawsuit targets DFS payment processors
November 19, 2015
Daily fantasy sports operator TradeSports has announced it’s shutting down due to its inability to make money. In a notice sent to players this week, TradeSports.com announced that it would stop offering contests as of Nov. 30. Players have been asked to request a “final withdrawal” of their funds no...
Your daily deluge of daily fantasy sports drama, now with Canadian content!
November 13, 2015
Another day brings another deluge of developments in the never-ending soap opera that is daily fantasy sports. New York Attorney General Eric Schneiderman, who declared this week that DFS was illegal gambling, now says he was forced to send a cease and desist letter to DFS operators DraftKings and FanDuel...