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Rumors Out of Rome

The hottest news on the market this month centers on the claims out of Rome Casino that online gamblers are able to use their American Express cards to make payments on the site. Although Visa and MasterCards are widely accepted in the international and European gambling markets, AmEx has a very strict policy in place that prohibits online casino gambling transactions of any sort and within any country as a matter of standard and basic policy. Rampant rumors lately have flown around the Web and on the popular forums that indicated that AmEx policy was changing and that Rome Casino was one of the first sites able to process the AmEx transactions. These rumors though are entirely unfounded and false according to the CEO at AmEx.

American Express has not altered it’s strict ban against online casino gambling transactions and Vice President at American Express, Christine Elliot, publicly noted that “It is a long-standing policy that American Express cards cannot be accepted for gambling – either online or offline and the Rome Casino is no exception.” With this very rapid and to-the-point announcement from AmEx on the payment processing situation the rumors about an AmEx entry into the internet gambling market are firmly squashed. At the heart of AmEx’s policy is a respect for the UIGEA.

However controversial the UIGEA may be in the international online casino gambling industry American Express has no plans to lift the ban on processing gambling transactions until the US has drastically different policies in place…and even then there is no guarantee that AmEx will immediately enter the gambling industry.