December 13, 2013

Skrill exits Canadian gaming market

Ewallet service provider Skrill will be leaving the Canadian online gaming market.

The news came suddenly to both gaming firms and players on Skrill’s departure from the Canadian market. Skrill sent out notifications to gaming firms and players stating they have 4 weeks to cash out their balances, and will cease their services as of January 2nd 2014.

Canadian players have experienced a similar story in the past, when Neteller exited the market back in 2007. Currently, Canadian players have some options left for placing wages online with the likes of MasterCard, Visa, InstaDebit, Ukash, PaySafeCard, EntroPay and electronic checks.

Skrill is the (un)official ewallet for online gambling in New Jersey, and plans on expanding their presence in North America as more states decide to follow suit and legalize online gaming. The sudden, short announced decision does leave many wondering. There are rumors of provincial lottery sites posing a stand against offshore firms who do not pay Canadian taxes, and they are taking action against them.

There is no word from Skrill as of yet on why they have decided to leave the Canadian market.


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