PayPal to fine players $500 if caught trying to use PayPal

[mary]

PayPal to fine gamblers


p2pnet.net News:- PayPal, which owes much of its early growth to online gambling, says it'll fine people up to $500 for uses related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sources.


Now part of the eBay auction empire, PayPal once received almost 10% of its revenue from online gambling, says Reuters here, going on that regulations prohibiting the processing of gambling and adult transactions followed its acquisition by eBay in 2002.


Starting September 24, PayPal will impose fines for violations and, "may take legal action to recover losses in excess of the fines".


Ex-PayPal executive and author of "The PayPal Wars" Eric Jackson called the new policy "draconian," says Retuers.

[sw2003]

PayPal to fine gamblers


p2pnet.net News:- PayPal, which owes much of its early growth to online gambling, says it'll fine people up to $500 for uses related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sources.


Now part of the eBay auction empire, PayPal once received almost 10% of its revenue from online gambling, says Reuters here, going on that regulations prohibiting the processing of gambling and adult transactions followed its acquisition by eBay in 2002.


Starting September 24, PayPal will impose fines for violations and, "may take legal action to recover losses in excess of the fines".


Ex-PayPal executive and author of "The PayPal Wars" Eric Jackson called the new policy "draconian," says Retuers.

For US players at least, there is no reason to use PayPal for gambling so what is the big deal? I agree though it is draconian!

[Simmo!]

Can someone explain to me why guns are fine in the US but playing cards is evil?? Some of these rules society imposes (in general) confuse me....

[jpm]

LMAO Simmo, you are so right! And don't forget along with the evils of gambling are the even worse evils of nude breasts on tv or at the beach We really are f'd up at times here.

[Simmo!]

Lol - that reminds me of the time Beverley Hills Cop came out for TV and some wise guy decided that they'd replace the oft used "F*** You" phrase with "Forget You" - made a funny film bloody hilarious!

Protecting kids is one thing, but honestly! They'll be passing a law soon saying mum's can't breastfeed as the sight of the breast may cause long-term psychological damage to the baby!

[DeMango]

Maybe I'm missing it. What is wrong with the ownership of guns? Hunting is big sport here and puts food on many families table just like fishing. Gambling in general (lotteries) only is used here to tax the poor. Competition outside of B&M casinos is generally frowned upon!

[Simmo!]

Maybe I'm missing it. What is wrong with the ownership of guns? Hunting is big sport here and puts food on many families table just like fishing.

Well put it this way, i'd rather have an argument with a guy carrying a fishing rod than a guy carrying a gun

My point is not so much whether guns and gambling are "bad". It's that if the authorities "allow" someone to make their own decision on the responsibility of owning a gun, then surely they should "allow" them to make their own decision as to whether they are responsible enough to gamble sensibly.

[jetset]

"My point is not so much whether guns and gambling are "bad". It's that if the authorities "allow" someone to make their own decision on the responsibility of owning a gun, then surely they should "allow" them to make their own decision as to whether they are responsible enough to gamble sensibly."

That's a damned good point you make there, Simmo!

[GrandMaster]

Maybe I'm missing it. What is wrong with the ownership of guns? Hunting is big sport here and puts food on many families table just like fishing. Gambling in general (lotteries) only is used here to tax the poor. Competition outside of B&M casinos is generally frowned upon!

Guns have many legitimate uses, the only problem is that accidents and illegal use can kill. My worst gambling accidents only cost me $10.

According to the Center for Disease Control's mortality statistics, 148,000 people died in the US in 2000. 42,000 of these were motor vehicle traffic related. 29,000 were firearm related, including 16,500 suicides, 11,000 murders, the rest of firearm related deaths were accidents, legal intervention and undetermined.

To be the devil's advocate, if 3,000 deaths justified the invasion of a country and the deaths of further Americans and others, than 11,000 murders committed by firearms or the 42,000 motor vehicle related deaths each year should certainly warrant some action. There should be plenty of scope for saving American lives at home, except it would not be popular with the gun and car lobbies.

[jpm]

The 16,500 suicides number is artificially inflating the number of firearms deaths. Those people were determined to kill themselves (obviously) and would have found another method in the absence of access to a firearm. Far more people are killed & injured by knives in the US than by firearms.

Nothing wrong with responsible gun ownership DeMango, I fully support and practice it myself.

Simmo, you said it perfectly "My point is not so much whether guns and gambling are "bad". It's that if the authorities "allow" someone to make their own decision on the responsibility of owning a gun, then surely they should "allow" them to make their own decision as to whether they are responsible enough to gamble sensibly."