Skrill has pulled out of the Canadian Market

Discussion in 'Good News - Bad News!' started by Kotsy, Jan 7, 2014.

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  1. Kotsy

    Kotsy Well-Known Member

    In December, Skrill started to notify its Canadian users that they would no longer process gambling transactions.
    Many, but not all players were notified of a cutoff date of January 2nd for transactions to online gambling sites and merchants
    have until January 31st to process their payments.

    This comes at a very coincidental time. Just recently in the USA, Skrill won approval to process online Gambling transactions
    for the state of New Jersey, who recently won approval for online gambling transactions. So far, 7 brick and mortar Casino's have been approved to accept online bets.
    For several years, New Jersey's land based casino's have been struggling. It makes one wonder if the pull out for Skrill for the Canadian clients had anything to do with the licensing and approval within New Jersey. Skrill's ownership also recently changed hands to CVC Capital Partners.

    There are too many unanswered questions here. The timing of the pullout along with approval for New Jersey is too coincidental.
    Would love to see some names of people involved. Donald Trumps casino's did get the 3rd and 4th permit.

    Very interesting indeed.
    1 person likes this.
  2. deemac80

    deemac80 Active Member

    You know I am really missing Skrill. Much more then I thought I would. One of the credit cards I always used has now banned gambling transactions. I think there may be something bigger in the works for the Canadian market. :eek:
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