Optimal Payments Approved For Gambling Transactions

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New Jersey has taken another step towards launching regulated online gambling in the state, which it plans to do in late November, by awarding a permit to Optimal Payments. Optimal Payments is the payment processing company behind the e-wallet Neteller, and has been approved to offer their payment technology to state regulated online gambling sites.

Neteller used to be a very popular e-wallet with American online gamblers, until they were forced to leave the US market following the introduction of the Unlawful Internet Gaming Enforcement Act. The founders of the company were also made to pay several million dollars in penalties. Since then Optimal Payments has been focusing on European and Asian markets but now looks set to make a return to the United States following its approval from the New Jersey Division of Gaming Enforcement.

Five of the Atlantic Casinos looking to operate online gambling sites have already received their permits, with more expected to follow. Now that an approved payment processor is in place too, it looks like the planned launch date of November 26 is entirely realistic. It is not known at this time whether other payment processing companies are also being considered for permits.

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