The end is near: Neteller to comply with new U.S. Gaming Law

[isetcap]

I didn't mean to be hostile to either of your points of view. If you think you'd have edge over SBRJohn in this bet, make it. Just make the bet and you don't have to bicker back and forth anymore. Aren't you interested in what the market would have to say about the future of online gaming?

He's not at all interested in what the market has to say about the future of online gambling. His interests lie exclusively in getting my garage fixed at the moment. I better see him pulling up in his crappy ass beatup van any minute now.

[pags11]

I'd like JJ to post a pic of his van...

[BuddyBear]

Bigballocks you are seriously delusional. So a chat transcript you had with a Neteller agent suggested otherwise....what do you expect them to say to you. What you are telling me completely contradicts their most recent public statement. I think you are posting with emotion and not coming to terms with reality. Sure other things will spring up but will they be as realiable and if Neteller caves in what makes you think these next group of funding methods won't do the same? It stands to reason that if Neteller ceases to take U.S. business others will also follow....

I respect Bill and John a lot...not a day goes by where I don't express my thanks to them on here but realize Bill and John are trying to paint a very rosy picture of this situation for obvious reasons. I don't blame them...if I was in there place I would be doing the same.


Right now, the gvmt is looking to prosecute people on this. They are dying to catch people kind of like the whole downloading music thing...they are still after people. You remember what happend to those people who got caught...they had to pay huge fines, go to court, hire lawyers. Now...if you get caught here...it may be the same but do you really want to go through the public humiliation. Do you really want to have to put that you were convicted of a felony on your job applications? Do you really want to pick up garbage on the side of the highway?

Like I said, and feel free to point out where I am wrong, but realize that this is not the U.S. gvmt you read about in 5th grade Social Studies. Gone are the days of civil liberties, free speech, torture is now endorsed by the gvmt, people in this country are being swept out of their homes in the middle of the night and taken to prisons without even being charged, phones are tapped regularly for "millions of citizens" now and most likley ISPs are monitored. Maybe things will pass with a new gvmt but right now this administration does not operate with a post-enlightment paradigm....they operate as a theocracy. This regulation is motivated strictly out of some moral compass that has been shattered. Moreover, not only is this gvmt is dangerous but they are doing this in wartime...they can essentially do whatever they want b/c the American people are giving them a blank check. Hell, they are saying this issue is connected to national security. That's how crazy they are.

I would wait till this administration leaves power or the war ends. Either way, it's not good what's happening. There exists a real political world out there and they will enforce this law...they put in the bill for a reason not as some window dressing to satisfy a conservative base.

The writing is on the wall bro....I suspect sometime in the next few decades we'll likely see a repeal of this law once more progressive forces take power. In the meantime proceed with extreme caution and if you get caught by the law hey don't say we didnt' tell you just make sure you wear your soap on a rope.

Good luck....

Well, well, well....look who turned out to be correct

Maybe you guys should pay more attention to what I have to say...i know it may not be pretty or what you want to hear, but I speak truth.

[SBR_John]

They say a broken clock is right twice a day .

Anyway, the show goes on. CRIS and the other fine books will pickup the players.

[JoshW]

My current theory that is based on nothing more than timing is that Neteller will leave the market by the end of the this month if not in the next couple weeks, and as a result of having that information, Pinnacle has chosen to get all the money paid out BEFORE this happens. We know Neteller is going to leave the US market eventually. I think this is a sign it is going to happen soon.

[bigloser]

Sounds plausible to me . This will have repercussions with loads of books if it happens.

[bigloser]

Would also fit with Pinnacles increased limits for debit card deposits and change of card processor to "earthport"

[aaronb]

Just open a bank account in another country and stick with the top books. Meanwhile, the books are working on solutions from their end as well.

Come to friendly Canada, eh? You can open up a checking account here with only a passport and a credit card. Create a new Neteller account and close the old one. Get a canadian SIM card for your phone number. You can buy a Rogers SIM card for $20. It's GSM so it works anywhere. You do have to visit Canada to do this. So make it a nice wekeend trip. Here in Canada gambling winnings are NOT taxed. I feel sorry for you guys in the US. Your government is sticking it to you (in this case). In Canada gambling and prositution is legal. Our gov runs it's own online gambling webites. Goodluck and don't lose heart. Where's a will there's a way.

[BettingProphets]

Come to friendly Canada, eh? You can open up a checking account here with only a passport and a credit card. Create a new Neteller account and close the old one. Get a canadian SIM card for your phone number. You can buy a Rogers SIM card for $20. It's GSM so it works anywhere. You do have to visit Canada to do this. So make it a nice wekeend trip. Here in Canada gambling winnings are NOT taxed. I feel sorry for you guys in the US. Your government is sticking it to you (in this case). In Canada gambling and prositution is legal. Our gov runs it's own online gambling webites. Goodluck and don't lose heart. Where's a will there's a way.

prostitution is not legal you fucking retard I am Canadian and you give us a bad name by your IGNORANCE

it isnt that simple and who is to say CANADA wont lay down if the USA tells us to moron like we have so many times in the past

[tblues2005]

Nothing new to this industry.

There is nothing in any federal law that makes placing a wager illegal that I'm aware of.

Couple of things you can bank on:
There will always be ways of sending and receiving money. There will always be the BuddyBears claiming the sky is falling. And there will always be guys winning and losing bets to offshore bookmakers.

Well said there SBRJohn, I always say there will always be a way to fund money to these places, even if it takes them moving to some country that has no extradion like Antigua, Costa Rica, Jamaica, Brazil, or plenty of other countries. Keep us up on tabs on what the others are planning on doing here would be helpful if you hear from them. It has to make the other A books happy to see money flowing to them.

[PeterWellington]

Come to friendly Canada, eh? You can open up a checking account here with only a passport and a credit card. Create a new Neteller account and close the old one. Get a canadian SIM card for your phone number. You can buy a Rogers SIM card for $20. It's GSM so it works anywhere. You do have to visit Canada to do this. So make it a nice wekeend trip. Here in Canada gambling winnings are NOT taxed. I feel sorry for you guys in the US. Your government is sticking it to you (in this case). In Canada gambling and prositution is legal. Our gov runs it's own online gambling webites. Goodluck and don't lose heart. Where's a will there's a way.

What about a physical address and ID if that's requested?