Neteller Dudes ARRESTED

[Scav]

http://www.gambling911.com/NETeller-...ed-011507.html

The downfall CONTINUES...

Land of the free, Home of the lobbyist

[JudyGold]

Neteller pulls out

US member update
Effective Immediately

Due to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites.

All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds.

Please note that we are experiencing higher than normal support volumes and recommend that you read the FAQs for more information.

[Scav]

Yeah, it is brutal. Citadel Commerce pulled out today also. I was just telling Kev on Yahoo Mess that it is amazing how quick the US government has DESTORYED an industry. They have taken out 3 processors in less then 24 hours

[AeWingnut]

Originally Posted by antaz

Neteller pulls out

US member update
Effective Immediately

Due to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites.

All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds.

Please note that we are experiencing higher than normal support volumes and recommend that you read the FAQs for more information.

oh the humanity... I was going to use them so I could enter an $200k online poker tournament. This really hurts.

[Ghostzapperfan]

My question is, how many people on this forum have written the Congressmen to complain about the passage of legislation to curb online gambling?

I live in Arizona, home of Jon Kyl, one of the masterminds of the sham of attaching the online gambling bill to the port security bill, assuring its passage. I have written him to tell him just how much of a coward I think he was for working on it.

I suggest that while the House of Representatives and the Senate are doing their part to take away your liberties, you do the one thing that is protected by the Bill of Rights and petition the Congress for a redress of your grievances....

ALostTexan

[skippy3481]

I sent a letter and got back a dear john letter. Thanks for your concerns blah blah is hard at work blah blah reprsenting your congressional district blah blah anything else please don't hesitate to write.

I mean come on.

[paisjpq]

for those of you with DRF subscriptions... Beyer wrote a good piece about Pinnicle, you should read it if you haven't already.

[kenny p]

Originally Posted by paisjpq

for those of you with DRF subscriptions... Beyer wrote a good piece about Pinnicle, you should read it if you haven't already.

It was an excellent piece. Is this all our Congress has to do? I want to find out how my Congressman (Peter King) voted on this but I think I already know.

[randallscott35]

If you vote Republican after what they did here, sneaking that legislation into a billl in the middle of the night, you need to be shaken....I'll vote for Nader again. Both parties are awful. What a joke. People walk in and by 100 lottery tickets, but God forbid you bet on a football game.

[Dunbar]

The departure of Neteller is very bad news. However, it may not be the end of the world. Here's what SBR has to say:

http://www.sportsbookreview.com/default.aspx

"Neteller no longer processing gambling transactions from U.S. residents. The processor stated today that it will continue to allow current U.S. clients to use the service for non-gambling transactions including EFT withdrawals. Electronic check (ACH) processor, Citadel also announced that it will cease to service U.S. bettors. Sportsbooks have already reported an increase in other "E-wallet" services such as Click2Pay, InstaDebit and ATMonline this week. Sportsbooks such as Bodog, which use other electronic check providers, will likely benefit from Citadel’s announcement."

I suspect that one of those listed will rise to fill the void, much as Neteller took over when PayPal left the market. The bigger question is how hard US banks will strive to cooperate with this nonsense.

--Dunbar

[timmgirvan]

Originally Posted by randallscott35

If you vote Republican after what they did here, sneaking that legislation into a billl in the middle of the night, you need to be shaken....I'll vote for Nader again. Both parties are awful. What a joke. People walk in and by 100 lottery tickets, but God forbid you bet on a football game.

Randall: I agreee with you to the extent that Frist stuck it in...but he had plenty of help from the Dems. After all...I play online, and would have eventually gone to Pinnacle!