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  #1  
Old 10-19-06, 01:34 PM
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Default Neteller pulling out as well?

At least they are waiting to see how everything shakes out, but in a statement from Neteller they said they will comply with the law as if they were in it's jurisdiction.

They are waiting to see how US banks handle it first though. I still hold hope that they will find this to be way too expensive.
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Old 10-19-06, 01:39 PM
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Where's that statement? Can you provide a link?
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Old 10-19-06, 01:43 PM
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  #4  
Old 10-19-06, 01:45 PM
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Ugh.
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Old 10-19-06, 01:48 PM
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Since they are a publicly held company (did not know this, previously) they probably don't have much choice. I have no doubt that another, privately held option will become available. Just a pain in the ass more than anything. t least neteller is going to wait as long as possible to change their policy.
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Old 10-19-06, 02:06 PM
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Unreal.
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Old 10-19-06, 03:13 PM
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Yes, they have a choice. The law forbids someone in the business of betting and wagers from accepting money from someone in the U.S. For starters, Neteller is not in the business of betting and wagers and second, they're not based in the U.S. so they are not required to comply with this law in any way. They simply cannot be touched by this law. If they shut off U.S. customers that will be a horrific business decision.
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