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Processor Gains New Online Casino

One of the newest banks in the online casino gambling industry, Ivobank, announced some good news this week. The large internet betting operator, Betsson has signed up to use Ivobank’s services this week. Ivobank is growing to be one of the key internet gaming dedicated banking operations. Ivobank has grown significantly over the past year, having just launched in 2008, and is based entirely online for ease of use with internet-based operations. The internet bank has really attracted the attention of the industry, especially with the changing land banking sector increasingly intolerant toward some types of gambling. The Royal Bank of Scotland actually announced that online casinos that operate in the Scandinavian market were no longer able to operate through the RBS.

Ivobank has no such preoccupations and Betsson is actual targets the Scandinavian online casino and betting market. Betsson is not the only tier one internet gambling company to discover Ivobank’s services, Betsson joins several other key internet gambling companies on the roster of Ivobank customers, including Unibet and Expekt. The company is still new and in the development phase so there is some transition time as the online casino companies discover the benefit of banking through a company that thoroughly understands the complexities of doing business through the internet.

Funds are secure just as in any other land based bank so new online casinos considering going through Ivobank can rest assured that the bank is backed by the government. Additionally, Ivobank allows internet gamblers a lot of “extras” when it comes to making any transactions and withdrawals through their bank, not just withdrawals for the internet gambling industry.