Why should a bank care if you gamble on line or not?
From the LVRJ: As more states debate legalizing online gaming, the three states that permit Internet wagering have experienced few complications beyond some banks and financial institutions refusing to approve credit and debit card transactions.
Credit card issuers J.P. Morgan Chase, Wells Fargo, American Express won’t allow gamblers to use their credit or debit cards to deposit money into online gaming accounts. That goes for both online poker and sports betting in Nevada.
“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.
Nevada, Delaware and New Jersey all offer online gaming, whether its poker, slot machines or sports wagering.
Sanette Chao, a spokeswoman for American Express, said the financial services company “prohibits the use of the card for gambling services.”
http://www.reviewjournal.com/business/call-raise-fold-denied-banks-reject-use-plastic-online-gambling-sites
Bunch of nannies deciding that they are going to impose their morals on people.
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