Caesars and 888 Adopt Neteller Service in New Jersey

Posted By PlayNJ Staff on March 10, 2014

Optimal Payments recently announced that it will be launching a new NETELLER service for online gamblers in the United States. Caesars and 888 Holdings became the first gaming providers in the country to use the new ewallet service., and are offering NETELLER to their customers in New Jersey. Other gaming providers in New Jersey, Delaware and Nevada are expected to offer the service in the future as well.

Many players are having difficulty uploading money to their accounts with their credit cards. Many financial institutions don’t fully understand the new online gaming laws and remain wary of allowing online gambling sites to access people’s bank and credit card accounts. They may be more open to working with regulated online gaming providers in the future, but will remain hesitant until they understand the risks of offering online gambling money.

Seth Palansky, the VP of Corporate Communications for Caesars, said that the new service will make transferring money much easier. He said that NETELLER works similarly to Paypal for the online gambling industry and that it will be very beneficial to players across the country.

Skrill is the only other ewallet service serving the online gaming industry in the United States. Skrill began working with online gaming providers in New Jersey shortly after the industry was regulated. However, many players feel that NETELLER offers more reliable service.

The NETELLER service is widely used in Europe. However, players in the United States may not find the service quite as convenient. U.S. players will be issued prepaid debit cards rather than storing their money in a NETELLER account. Some players may not prefer this format, but it will still be a viable alternative for those that can’t use their credit cards.

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