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Old 10-31-2006, 06:55 PM
BluffTHIS! BluffTHIS! is offline
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Join Date: Nov 2004
Location: I can hold my breath longer than the Boob
Posts: 10,311
Default Re: Neteller Update...

Sniper,

I have said before in my "Phone card in and Neteller out thread" which is in the sticky, that even if Neteller chooses becauseof the regs not to facilitate deposits to poker sites, nothing in the new legislation and thus the regs can prevent them from facilitating cashouts from what I have read re the interpretations of same.

So maybe they won't even want to see if this is an option. But if they do, then should could still continue to have a big part in the business. Most players might not like longer depositing times that will result if all e-wallets get out, but what they like least is long cashout times. Neteller could still fill that role. And I think it is certain that even if the Fed puts the max burden on banks in scanning all outgoing funds, they aren't going to and don't even have a basis to, do so with incoming transactions.