This is interesting. According to a report from the Associated Press at least part of Mastercard’s Q1 2010 lobbying efforts were directed toward the cause of a regulated online gambling market in the US. From January to March 2010 the credit card company spent $820,000 lobbying both houses of Congress on a number of...
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Probably not a huge surprise, but following in the footsteps of Mastercard, VISA are apparently now also making efforts to block US player payments to online gambling operators. As yet neither an official statement from VISA or a definitive report from a respected news agency have surfaced on this one, but enough gambling portals...
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Kind of like the passing of UIGEA itself, Mastercard’s decision to start making concerted efforts to block US player online gambling transactions has taken the industry by real surprise. Much to the chagrin of online sports betting operators in particular, Mastercard decided to start blocking payments on the eve of the Super Bowl. This...
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