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In the past few days, a few U. Yet the payments company had been very quiet about it, initially releasing very limited information about the shift. First news of the quiet—but potentially massive—shift was by iGaming Business. PayPal has been widely available on foreign gaming sites, but this is the first tha it has been seen in the U. Prior to that, however, PayPal had been processing online gaming—when it was an independent company. Now that it's site once again, gaming processing is back. In fact, the company had been working on this for more than datin year, dating to in August 2014 that it was preparing this move. Insiders point out that this will make transactions so much easier for gamers. Instead of waiting several days to get a check mailed to customers, now they can have money that credited to their account. At the same payment, Frankenberger can also see why PayPal would do it. Right now it's a fraction of what it could be. To the extent PayPal can participate, it would seem to be a great accept />Yet both of those dating like a rounding error compared to overall casino revenue nationally—. PayPal's says it bans all online gaming, unless it has approved a merchant. That means the companies that have just started accepting PayPal were specifically approved by the company. As a global payments provider, PayPal's goal is to give people safe and simple ways to pay for the things they want, paypal long as we can comply with applicable laws. With that type of market share, there is huge upside if PayPal can get paymnt similar foothold in other forms of online games. DraftKings did not respond to a request for comment.
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