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A casino merchant account, also known as a gambling merchant account, is a type of merchant account specifically designed for businesses involved in online gambling, including online casinos and online betting platforms. It enables these businesses to accept and process payments from their customers.
Obtaining a casino or gambling merchant account can be challenging due to the higher level of risk associated with these industries. Traditional banks and financial institutions are often hesitant to provide merchant accounts to online casinos and gambling businesses because of legal and regulatory considerations, as well as the potential for chargebacks and fraud.
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