American Banks Refusing Online Gambling Transactions

While online gambling is now legal in parts of the US, not all banks are willing to process related financial transactions. Amongst those refusing transactions are major firms such as PayPal, American Express, Wells Fargo and Bank of America.

A number of American banks and payment systems, such as the Bank of America and PayPal are rejecting transactions involving online gambling sites.
In both Nevada and Delaware players have reported transactions being declined when they try to use their credit cards at online gambling site. A Nevada gaming official has said that the state is working with banks to try and solve the issues.
New Jersey is about to launch online gambling and problems with payments could result in a disappointing start. However, both Visa and MasterCard have said that they will process transactions in states where sites are legal.