Payments firms deal online casinos a lousy hand

|By:, SA News Editor

Payments companies are ruining the online poker party in its infancy as major players such as PayPal (EBAY), American Express, and Bank of America have decided not to process transactions.

Mastercard (MA +1.1%) and Visa (V +1.1%) are allowing the transaction in states where online gambling is legal, but card issuers have the final say.

Related stocks: CZR, BYD, MGM, EIHDF, WYNN, IGT,