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Payments firms deal online casinos a lousy hand

Nov. 15, 2013 2:20 PM ETeBay Inc. (EBAY) StockEBAY, MA, MGM, WYNN, BYD, IGT, V, CZR, EIHDFBy: Clark Schultz, SA News Editor3 Comments
  • Payments companies are ruining the online poker party in its infancy as major players such as PayPal (NASDAQ: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, OTCPK:EIHDF, WYNN, IGT,

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