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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 http://www.bloomberg.com/news/2012-03-14/ebay-s-paypal-restricts-accounts-used-in-march-madness-betting.html -Dow Jones Newswires; 212-416-2900

Stock News for Ebay Inc. (EBAY)
DateTimeHeadline
09/12/201416:40:35TECH STOCKS: Apple, EBay Gains Can't Blunt Other Tech Losses
09/12/201415:17:53TECH STOCKS: Tech Stocks On A Mixed Trading Path
09/10/201417:16:47MARKET SNAPSHOT: U.S. Stocks End Higher, Helped By Apple's 3...
09/10/201416:40:43TECH STOCKS: Apple, Twitter Gains Stand Out Among Tech Stocks
09/10/201414:55:10MARKET SNAPSHOT: U.S. Stocks Reverse Losses; Apple Rallies
09/05/201416:01:45Social Shopping Site The Fancy Has Had Sale Talks With eBay...
09/04/201412:13:35TECH STOCKS: Apple, Amazon Spur Tech Sector Gains
09/03/201407:01:03German Retailers Still See Slight Sales Growth in 2014, Propped...
08/26/201418:55:24S&P 500 Closes Above 2000 for First Time
08/26/201418:54:54TECH STOCKS: Amazon, Twitter Gains Lead Techs Higher
08/26/201411:54:43TECH STOCKS: Amazon Among Gainers In Mild Tech Trading
08/21/201417:16:34MARKET SNAPSHOT: U.S. Stocks: S&P 500 Sets Record Close; Dow...
08/21/201416:52:19TECH STOCKS: H-P, EBay Pace Slate Of Tech Gains
08/21/201415:11:36MARKET SNAPSHOT: U.S. Stocks: S&P 500 On Pace For Record Close;...
08/21/201413:10:53MARKET SNAPSHOT: U.S. Stocks Rise, Pushing S&P 500 To Intraday...
08/21/201411:41:13TECH STOCKS: H-P Gives Tech Stocks A Boost In Wake Of Earnings
08/14/201418:40:19Icahn Discloses New Stake in Gannett
08/14/201418:30:12EBay Payment Subsidiary Braintree in Talks to Accept Bitcoin
08/14/201418:18:37EBay Payment Subsidiary Braintree in Talks To Accept Bitcoin
08/12/201416:47:33TECH STOCKS: Twitter Among Few Gainers In Weak Tech Session

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