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PayPal Restricts Some Accounts Over NCAA Bets -Bloomberg

DOW JONES NEWSWIRES EBay Inc.'s (EBAY) PayPal division has restricted some accounts due to wagering on the NCAA basketball tournament, Bloomberg News reported Wednesday. Some users received emails stating that "it has been determined that you are in violation of PayPal's Acceptable Use Policy regarding your sales/offers of March Madness sports pool," Bloomberg reported. The emails request that users sign an "Acceptable Use Policy affidavit" to regain full account access, Bloomberg reported. A PayPal spokeswoman declined to comment on how alleged gamblers were identified, Bloomberg reported. The spokeswoman said: "PayPal follows all the legal and regulatory rules in the U.S. as it relates to gambling." Full story at -Dow Jones Newswires; 212-416-2900

Stock News for Ebay Inc. (EBAY)
10/20/201617:40:00Paypal Revenue Climbs on Growing Active Accounts
10/20/201617:03:32Quarterly Report (10-q)
10/19/201619:55:00EBay Makes Bid for Younger Shoppers With Revamped Image
10/19/201617:30:00EBay Revenue Grows, Though Profit Declines
10/19/201617:25:00EBay Revenue Grows, Though Profit Declines--Update
10/19/201617:06:00EBay Revenue Grows, Though Profit Declines
10/19/201616:21:38Current Report Filing (8-k)
10/19/201616:15:00eBay Inc. Reports Third Quarter 2016 Results
10/19/201605:59:00EBay Makes Bid for Younger Shoppers With Revamped Image
10/19/201605:00:00Canadian retail SMBs who export are most optimistic for 2017
10/19/201603:02:00Ahead of the Tape: StubHub: EBay's Ticket to Fresh Growth...
10/18/201616:13:00StubHub: EBay's Ticket to Growth -- Ahead of the Tape
10/18/201606:10:00StubHub Global Survey Finds Live Experiences Hold the Keys to...
10/17/201618:43:15Statement of Changes in Beneficial Ownership (4)
10/17/201618:38:39Statement of Changes in Beneficial Ownership (4)
10/17/201618:33:27Statement of Changes in Beneficial Ownership (4)
10/17/201608:00:00eBay Launches eBay Collective to Provide A New, Curated Experience...
10/11/201610:10:00Buffalo Wild Wings Shuffles Board
10/06/201619:29:00Six U.S. Soldiers, Two Civilians Charged Over Thefts of Military...
10/03/201622:20:00PayPal Promotes Braintree, Venmo Executive to Operating Chief

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