Thread: Stars Update #2
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  #44  
Old 10-09-2006, 07:19 PM
jrz1972 jrz1972 is offline
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Default Re: Stars Update #2

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I worked in a bank for a few years in the 80's. Banks do not like gray areas. If their counsel feels that having a company is primarily focused on only gambling transactions, they will close the relationsship with the "rogue" company.

[/ QUOTE ]

Then why haven't they done so already?

There is nothing in this legislation that would require banks to cut off transfers to third parties who are not in the business of betting or wagering. And there's no grey area there; the bill is very clear about the fact that transfers to financial intermediaries (like Neteller) are okay.
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