New Credit Card Online Gambling Transaction Codes for Legalized US States

US states Nevada, Delaware and New Jersey hope that changes implemented to credit card systems on Friday will boost online gambling profits.

Difficulties with credit card processing for online gambling related transactions has affected the gambling industry in the US. Credit card issuers have been reluctant to approve online gambling transactions since the implementation of the Unlawful Internet Gaming Enforcement Act.

MasterCard, Visa, American Express and Discover are rolling out new Merchant Category Codes for legal online gambling transactions. This will identify transactions for purposes of online gambling.

It will be up to the individual banks that issue credit cards to implement the new MCC’s, which will in turn eliminate the problem of rejected deposits with online casinos in legalized states.

The new MCC’s are as follows: state-operated online lotteries (7800); state-run online casino games (7801) and state-managed online dog/horse racing (7802).
  • No avatar medium

    cheztwins

    • Full Member
    • female
    • offline
    • 102
      thanks given
    • 123
      thanks received
    havent redit card companies and paypal just been turning a blind eye to crdit card gambling trnsactions...for like...Ever? they know what's going on...and if they didnt know...thats even a bigger problem as it is their job to be abke to discuss decipher what kind of transactions are taking place on the cards tgey iaaue to their members, yes
  • Index

    rhoda1957

    • Newbie
    • female
    • offline
    Rhoda Lumpkin
    • 3
      thanks given
    • 2
      thanks received
    This is all good news but I don't think that IL will ever be one of those state that will allow on line gambling. This state is so crooked and wants it's hand in everything so they would be the very last to reverse the ban. It is hard enough to get a land based casino here and they are jacking them already, (the few that there are). But I am happy for the rest of you.
  • Jade lcb

    jade

    • Hero Member
    • female
    • offline
    • 412
      thanks given
    • 372
      thanks received
    The new codes are finally here! I had heard that players in Nevada, Delaware and New Jersey were having a lot of trouble using plastic for gambling deposits, especially at online sites, mostly due to the Unlawful Internet Gambling Enforcement Act of 2006. Now that gambling online is legal in these states, players using credit cards will see these codes that will sort of override it and make the transaction legal and accessible. At least I think that is how it works. These codes are not going to help players that live anywhere else, but it is the beginning of legal online internet gambling in the USA. It's really a big deal................
  • Index

    pinkxxx

    • Sr.Newbie
    • male
    • offline
    • 9
      thanks given
    • 10
      thanks received
    Its good news for US players and baby steps to getting back the way it used to be , years ago there were hardly or no restrictions , little by little certain states are reinstating ways for people in US to online gamble again . I think they should reinstate the same rules they had in past many other countries allow and they should follow suit . If people cant control their gambling habits they should seek help , help services are out there and offered.
  • No avatar medium

    sharpe

    • Newbie
    • offline
    • 20
      thanks given
    • 5
      thanks received
    Sounds like these new implementations to the credit card system will have a great effect for the online gambling business in these three states. All the major credit card companies are involved so that probably will make much easier for the players to gamble online and to loose their money, unfortunately.

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search
Search Results
39012170