Major US Banks Prohibits Use of Credit Cards for Online Gambling

 

J.P. Morgan Chase‚ American Express and Wells Fargo all have stopped accepting transactions involving any online gambling.

banks

“We don′t allow credit card transactions for this activity‚” said Steve O′Halloran‚ director of public relations and public affairs for Chase Card and Merchant Services.

Sanette Chao‚ a spokeswoman for American Express‚ said the financial services company “prohibits the use of the card for gambling services.”
“Gambling services‚ historically‚ account for a high number of card member credit losses and customer service disputes‚” Chao said.

“In compliance with regulation GG (Unlawful Internet Gambling Enforcement Act of 2006)‚ we prohibit the use of consumer credit cards for Internet gambling‚” said Brown‚ vice president of consumer lending communications with Wells Fargo. “The networks (Visa‚ MasterCard and American Express) monitor the merchant category codes and block charges that don′t comply with federal regulations.” – GPWA

 

What is Bitcoin?

With these  rules narrowing down options of recreational or professional gamblers, another well-accepted alternative is available in the form of the cryptocurrency, bitcoin.
 

The emergence of bitcoin is also the birth of bitcoin gambling sites.
In view of this‚ Ole Group International with many years of experience in the gambling industry in the South East Asian region made a bold move of starting a subsidiary fit for the bitcoin market.

This gave birth to SBOBitcoin‚ an agent for opening an account for sportsbook‚ casino and poker with renowned market leader like SBOBET‚ IBCBET and Pinnacle using Bitcoin transaction types that can be executed very quickly‚ either deposits or withdrawals.

This alternative will give way for the recreational and professional punters to give their passion a go!

Let′s SBO Bitcoin maximize your bitcoin‚ join us!

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Bitcoin in Singapore and Hongkong

 

 

SBObitcoin opens its doors to cater gaming needs of our fellow Hong Kong and Singaporean gamers.

The potential market for Bitcoin is growing significantly amid the the rapid technology development‚ Ole Group International with many years of experience in the gambling industry in the South East Asian region have a high confidence for this by presenting an excellent product dedicated for this specific market; SBO BITCOIN

SBO – Bitcoin is an agent for opening an account for sportsbook, casino and poker with renowned market leader like SBOBET‚ IBCBET and Pinnacle using Bitcoin transaction types that can be executed very quickly, either deposits or withdrawals.

Lets maximise your Bitcoin value!

To open an account, click here.

Mubadala World Tennis Championship 2013

Set to start on December 26th − December 29th‚ 2013 in Zayed Sports City‚ Abu Dhabi‚ UAE. 5‚000 expectators from around the world are anticipatin great matches from great tennis players line−up for this tournament. A total of 8 players competing for the championship title  including top rankin Rafael Nadal and last years winner Novak Djokovic.

Players will be playing in an outdoor hardcout surface for 3 sets.

Winner will take home $250‚000.

Available odds in SBOBET

Don’t thick twice!

Place your bets here. Safe‚ secure and anonymous only here in sbobitcoin.com

Photo Credits: http://www.mubadalawtc.com/Home.aspx