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How Google Wallet May Affect the Online Casino |
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So far it is just a lot of rumors spreading across the net but there have been credible indications that Google, the internet powerhouse, may branch out into online payment service. The so called Google Wallet may or not actually materialize but one thing is for sure, there are a lot of people in the online casino business waiting to find out. All the online casinos that operate today rely on one payment system or another to service their players so that money can be sent and taken between the player and the online casino. There is no doubt that if Google enters the ring, history will be made.
Since Paypal essentially turned their back on the online casino industry several years ago more than just a few online banking methods have sprouted up. Initially they were there simply to fill the vacuum left behind by Paypal, the biggest provider of online transfers and banking on the net. But soon companies like Neteller, Moneybookers, Citadel and others started to make serious gains in the online casino business and carve out a niche for themselves.
Now it seems that the possibility of Google e-wallet seems more and more likely especially due to the lucrative profits being made by the online casino go-betweens. No player can make a deposit without first having an account with one of the payment methods that are approved and accepted by the online casino. Google may have started off as a search engine but it is quickly diversifying into many different sectors of internet business and based on the popularity of online casino gambling, internet banking may turn out to be a smart move for the search engine giant.
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