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PayPal Tops Wall Street Forecast: Taking One Stop Close To Being The Dominant Form Of Payment In Online Gambling

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PayPal Tops Wall Street Forecast: Taking One Stop Close To Being The Dominant Form Of Payment In Online GamblingReading Time: 2 minutes

 

PayPal shares have soared according to the latest Wall Street figures, with revenue growth of the Silicon Valley company surpassing even its own forecasts and now standing at an incredible $3.68bn. One industry which has no doubt contributed to PayPal’s meteoric rise is the online gambling sector. As the casino experience has become more and more digital, so too have the methods that gamblers use to pay for their play. In this article we’re going to explore the different types of payment options, including PayPal, that gamblers use to see whether it is truly the dominant party.

For the few that might not know, PayPal is an American company that operates a worldwide payment system. They are based around online monetary transactions and serves as an electric alternative to paper methods of paying for products or services like cash, cheques and money orders.

Since its founding 20 years ago in 1998, PayPal has become one of the world’s most popular methods of paying for goods or services online, not least online gambling sites. The proliferation and rising popularity of PayPal being used as a core payment method for online casinos is because many companies offer incentives and bonuses if users opt for the American company. While security alone is often enough to encourage the use, the use of bonuses or free plays as incentives often provides benefits for both the user and the company themselves through lower or non-existent fees and easier, near-instantaneous transactions.

Neteller, on the other hand, is an e-money transfer service that was once predominantly used by merchant banks, trading and social network firms to withdraw and transfer funds for business transactions using their Net+ card accounts.

Over the years however, Neteller has garnered the trust of the gambling community for its thrill-free method of depositing, fast payouts and phenomenal security.

One reason Neteller has become so popular amongst gamblers is because it lets you trade in different forms of e-currency including Bank Wire and Bitcoin. Plus, thanks to its impenetrable security, the service has become particularly favored by high rollers, as it enables them to transfer large funds without fear of losing their winnings.

While those outside of the gambling industry may be none the wiser, Skrill Moneybookers has been the platform of choice for thousands of players in recent years. Skrill is a UK based e-commerce business that supports online monetary payments with a specific focus on low cost international transfers.

Founded in 2001, Skrill does not charge its customers a transfer fee when they send directly to a bank account, making it the most cost effective payment option to appear on our list. As a result few e-commerce companies are as well recognised and widely used in the online gambling industry as Skrill. Supporting 40 different currencies in over 200 different countries across the globe, Skrill is also regulated by the Financial Conduct Authority (FCA) meaning that every piece of information sent from Skrill to online casinos is fully encrypted.

As you can see, the battle for most popular form of payment in the online gambling industry has not been won just yet. While PayPal offers great incentivized bonuses, Neteller provides impenetrable security and Skrill gives you great value for your money, making them both worthy alternatives. Ultimately it’s up to your personal preferences, so the only question that remains is which will you choose?


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Red Bull Home Ground Heads to New York this November

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  • Red Bull Home Ground storms into its fifth year, bringing the world’s top VALORANT teams and rising stars to Manhattan, New York, from November 13 to 16.
  • A lineup of international powerhouses – including invited teams and qualifier champions – will battle it out in an intense off-season showdown.
  • Defending champions T1 will aim to retain their crown, against giants including Fnatic, Sentinels, ZETA DIVISION, and G2 Esports, with more teams to be determined through the global Play-In stage and invites.
  • Leading gaming monitor brand AGON by AOC returns as official Monitor Partner for Red Bull Home Ground, delivering high-performance displays to support peak gameplay throughout the tournament.
  • Tickets are available for purchase via Ticketmaster

Red Bull Home Ground, the pro VALORANT invitational, is set to make its return with a blockbuster fifth edition, bringing together the world’s top teams to New York City, for one of the most exciting showcases in the esports calendar. From November 13–16, the iconic Hammerstein Ballroom at the Manhattan Center will host four electrifying days of competition, as global giants and rising stars fight to claim the title of 2025 off-season champions.

This year, Red Bull Home Ground will feature a stacked lineup of elite contenders. Returning champions T1 are ready to defend their crown, joined by two-time VCT Global Event winners Fnatic and fan-favourites G2 Esports, Sentinels, and ZETA DIVISION. Joining these giants will be the two top teams who earn their place through the Play-In Stage and an additional team to be revealed – a gauntlet of global qualifiers open to all in India, USA, Spain, Turkey, Chile, Egypt, Belgium, Germany, South Africa, Netherlands, Japan, and EMEA qualifiers, giving players around the world the chance to earn a spot to go against the best-of-the-best on the main stage. The final main stage slot will be revealed at a later date.

For the first time, the Red Bull Home Ground World Final will be hosted in the United States, taking place at the legendary Hammerstein Ballroom in Manhattan. Known for its grand Beaux-Arts architecture and storied history hosting icons like The Grateful Dead and Guns N’ Roses, the venue offers a perfect blend of classic New York legacy and modern spectacle for this high-stakes tournament. The action kicks off on November 13-14, with both days dedicated exclusively to the Play-in stage and the opening stages of the competition. For fans eager to experience the action live, tickets for the public main stage event on November 15-16 are available for purchase via Ticketmaster.

At last year’s Red Bull Home Ground in Berlin, fans were treated to an unforgettable grand final as T1 stormed to victory over Cloud9, clinching the championship title with a dominant 3-1 series. With every edition, Red Bull Home Ground has elevated the VALORANT off-season calendar, known for its fast-paced format, jaw-dropping plays, and international flair. Red Bull Home Ground continues to be a staple tournament for pro teams looking to compete against the best competition and for fans ready to witness thrilling match-ups.

Watch Red Bull Home Ground live from 13 – 16 November via Red Bull Gaming’s Twitch and YouTube channels.

For tickets and more information, visit: ticketmaster.com/promo/p7pf2b

The post Red Bull Home Ground Heads to New York this November appeared first on European Gaming Industry News.

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ACR POKER TO AWARD MULTIPLE PACKAGES TO $1 MILLION GTD ENJOY POKER SERIES MAIN EVENT THIS AUGUST IN URUGUAY

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16 all-expenses-paid packages up for grabs in two satellites on Sunday, June 29th and July 6th

ACR Poker is heading back to beautiful Punta Del Este, Uruguay this August for the Enjoy Poker Series and once again it is giving players the chance to win their way to the huge $1 million GTD Main Event via online satellites.

A whopping 16 all-expenses-paid Main Event packages, worth $5,500 each, will be awarded in two Punta del Este Satellites taking place on Sunday, June 29th (eight packages) and Sunday, July 6th (eight packages) at 5:05pm ET on ACR Poker. That’s a total of $88,000 worth of guaranteed value. To get involved, players can buy-in for just $95 or qualify for free by ranking on the Beast weekly leaderboard.

Each $5,500 package includes the buy-in to the $1 million GTD Main Event, a 10-night hotel stay at the Enjoy Punta del Este Resort & Casino from August 1st to 11th, travel expenses, and a host of epic poker and off-felt experiences.   

“There’s nothing like the energy of a live poker event, especially the Enjoy Poker Series in stunning Uruguay,” said ACR Pro Chris Moneymaker. “These online satellites give every player the chance to turn a small investment into a world-class live poker experience. It’s your shot to win big, travel in style, and play alongside some of the best in the game.”

The Enjoy Poker Series takes place from August 1st to 9th, offering players the very best of live poker in beachfront luxury. Beyond poker, players can enjoy pristine beaches, fine dining, and epic nightlife at the Punta del Este Resort & Casino, located along Uruguay’s breathtaking Atlantic Coast.

Moneymaker also noted that before the first Punta del Este Satellite kicks off this Sunday at 5:05pm ET, players can still join the final Vegas Main Event Satellite at 2:05pm ET that same day. The Vegas satellite guarantees 10 packages worth $12,500 each and offers players one last shot at an unforgettable trip to Sin City to compete on poker’s biggest stage against the world’s best players.

For further details on the Punta Del Este Satellites, read the ACR Poker Blog or visit ACRPoker.eu.

 

The post ACR POKER TO AWARD MULTIPLE PACKAGES TO $1 MILLION GTD ENJOY POKER SERIES MAIN EVENT THIS AUGUST IN URUGUAY appeared first on European Gaming Industry News.

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Potomac Poker Open Returns to MGM National Harbor August 13-25

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The Potomac Poker Open is going all in at MGM National Harbor, August 13-25.

The region’s leading poker tournament is set to take over the premier entertainment destination for 13 days of exciting events and major winnings. Featured events include seven $750,000 guaranteed Opener tournaments and a $1,000,000 Main Event. Additional events include Cakes Classic Bounty, No Limit Hold’em High Roller, Charity Series of Poker (CSOP), Double Stack No Limit Hold’em, five Mixed Game events and more.

MGM National Harbor Potomac Poker Open Schedule

  Date Day Event # Time Event
  Aug 13 Wed 1 12PM Pride of the Lions Freeroll
(2 High Roller/2 Main Event/5 Opener Seats)
  Aug 13 Wed 2A 3PM NLH Opener Day 2A (2-Day Event)
$750,000 Guaranteed
  Aug 14 Thurs 2B 10AM NLH Opener Day 2B (2-Day Event)
$750,000 Guaranteed
  Aug 14 Thurs  3 1PM ROSE (1-Day Event)

$10,000 Guaranteed

  Aug 14 Thurs 2C 5PM NLH Opener Day 2C (2-Day Event)
$750,000 Guaranteed
  Aug 14 Thurs   8PM Event 1 Milestone Satellite
  Aug 15 Fri  2D 10AM NLH Opener Day 2D (2-Day Event)
$750,000 Guaranteed
  Aug 15 Fri  2E 5PM NLH Opener Day 2E (2-Day Event)

$750,000 Guaranteed

  Aug 15 Fri 8PM Event 1 Milestone Satellite
  Aug 16 Sat 2F 9AM NLH Opener Day 2F (2-Day Event)
$750,000 Guaranteed
  Aug 16 Sat 2G 2PM NLH Opener Day 2G (2-Day Event)
$750,000 Guaranteed
  Aug 16 Sat 4 6PM 5 Card Omaha Bounty (1-Day Event)
$10,000 Guaranteed
  Aug 17 Sun  5 9AM Super Seniors (60+) (1-Day Event)
$10,000 Guaranteed
  Aug 17 Sun   12PM Event 2 NHL Opener
Restart
  Aug 17 Sun   6 1PM NHL (1-Day Event)
$100,000 Guaranteed
  Aug 17 Sun 7 6PM NHL Turbo (1-Day Event)
Black Chip Bounty
  Aug 18 Mon  8A 11AM Monumental Stacks 8A (2-Day Event)
$150,000 Guaranteed
  Aug 18 Mon  9 2PM 8 Game Mix (1-Day Event)
$10,000 Guaranteed
  Aug 18 Mon   8PM High Roller Super Satellite w/ $140 Rebuys

3 Seats Guaranteed

  Aug 19 Tues 8B 11AM Monumental Stacks 8B (2-Day Event)
$150,000 Guaranteed
  Aug 19 Tues 10 2PM Mixed PLO (1-Day Event)
$10,000 Guaranteed
  Aug 19 Tues   8PM High Roller Super Satellite w/ $140 Rebuys

3 Seats Guaranteed 

  Aug 20 Wed   11AM Monumental Stacks Day 2
Restart
  Aug 20 Wed  11 10AM Seniors NHL 50+ (1-Day Event)
$30,000 Guaranteed
  Aug 20 Wed   12 2PM NHL High Roller (2-Day Event)
$100,000 Guaranteed
  Aug 20 Wed 13 3PM Mirror Mystery Bounty (1-Day Event)
$10,000 Guaranteed
  Aug 20 Wed   8PM Main Event Super Satellite w/ $140 Rebuys

10 Seats Guaranteed

  Aug 21 Thurs 14 10AM 40/40/40 (Single Re-Entry) (2-Day Event)

$40,000 Guaranteed

  Aug 21 Thurs   1PM NLH High Roller Day 2
Restart
  Aug 21 Thurs 15 4PM NLH (2-Day Event)

$50,000 Guaranteed

  Aug 21 Thurs   6PM Main Event Super Satellite w/ $140 Rebuys
10 Seats Guaranteed
  Aug 22 Fri 16A 11AM NLH Main Event 16A (3-Day Event)

$1,000,000 Guaranteed

  Aug 22 Fri   12PM 40/40/40 Day 2

$40,000 Guaranteed

  Aug 22 Fri 17 2PM PLO 8 (1-Day Event)

$10,000 Guaranteed 

  Aug 22 Fri   2PM NHL Day 2

$50,000 Guaranteed

  Aug 22 Fri 18 4PM Cakes Classic Bounty NLH

$10,000 Guaranteed

  Aug 22 Fri   6PM Main Event Super Satellite w/ $140 Rebuys

5 Seats Guaranteed

  Aug 23 Sat 19 9AM NLH Freezeout (1-Day Event)

$10,000 Guaranteed

  Aug 23 Sat 16B 11AM NLH Main Event 16B (3-Day Event)

$1,000,000 Guaranteed

  Aug 23 Sat 20 2PM BIG-O (1-Day Event)

$10,000 Guaranteed

  Aug 23 Sat 21 2PM Womens NLH (1-Day Event)

$10,000 Guaranteed

  Aug 23 Sat 22 6PM Charity Series of Poker (CSOP) w/ $100 Rebuys

$40 from each player donated to charity

Aug 24 Sun   12PM NLH Main Event Day 2

Restart

  Aug 24 Sun 23 2PM NLH (1-Day Event)

$50,000 Guaranteed

  Aug 25 Mon 24 11AM Double Stack NLH (1-Day Event)

$10,000 Guaranteed

  Aug 25 Mon   1PM NLH Main Event Day 3

Final Table

 

To view the event schedule or for more information visit mgmnationalharbor.mgmresorts.com/en/casino/potomac-poker-open.html

MGM National Harbor no longer withholds any auto-gratuity from the buy-in for staff. In lieu of withholding, each event will offer an optional Add-On, included in the total Buy-In listed on the schedule. Starting stacks represented, include the optional add-on. Please see individual structure sheets for a complete breakdown. Must be 21+. Please play responsibly, for help visit mdgamblinghelp.org or call 1-800-GAMBLER.

 

The post Potomac Poker Open Returns to MGM National Harbor August 13-25 appeared first on European Gaming Industry News.

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