Gold Pay Latest eWallet to Quit US Gambling Market

Published on: February 14, 2011 

Online Casino players, who have hardly gotten used to the fact that eWalletXpress has suspended its activity in the United States gambling market have recently been shocked to hear yet another similar announcement.

Casino payment processor, Gold Pay, is the latest group to depart United States Shores.  The group made an announcement on 4th February, 2011, that due to legal complications, it will no longer be in a position to proces payments at online casinos.

In a newsletter to its users, the group said "Recently, as a result of pending legal matters, Gold Pay was forced to suspend all gaming related transactions.   We do not have a timeline for when those issues will be resolved or what the outcome will be.”

To date, eWalletXPress account holders are still uncertain as to when they will be able to access their funds.

Gold Pay has, likewise, been unable to provide worried players with any acceptable answers and has refused to comment on the latest announcement.  Players have had no option but to assume that the long arm of the United States Department of Justice has also reached this payment processor and that they have therefore been forced to stop accepting payments for online gambling.

Despite the fact that Gold Pay was not really a very popular choice of United States online gamblers and definitely not a major payment processor on the same scale as eWalletXpress, the company nevertheless had a steady stream of customers by serving a significant number of sports book sites.

Since it started offering payment services to United States gamblers in May of 2010, Gold Pay has managed to fill a small niche in a market where players are always looking for a convenient way to pay for their entertainment.

5Dimes was one particular site that offered Gold Pay as a deposit method but it has now come to players’ attention that this site has ceased listing Gold Pay in its banking section.

UseMyWallet, bank transfers, and credit cards are amongst numerous other methods that United States players are still able to use in order to fund their accounts.

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