Quote: Actually, there is because gambling is all Neteller does.
However, all we really need is for some Neteller like company that does enough non gaming business not to get classified as a gaming interest.
I question this whole premise.
Neteller does have merchants other than gambling sites. But according to my reading this is not necessary anyway.
Transfers between a U.S bank and Neteller are not illegal under the new law because Neteller does not offer illegal gambling. The law specifically says the implementing regulations can neither forbid legal transactions nor cause legal transactions to be blocked.
It would take some nerve to promulgate a regulation that blocks Neteller. Of course that doesn't mean it won't happen. But a regulation that violates the underlying law may well be overturned by a judge anyway.
Obviously some banks could block Neteller anyway. But the wording of the law strongly encourages *following* the regulations. Acting on their own just creates problems: cost, nuisance, lost business, and potential liability.