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Old 02-05-2007, 04:33 PM
adanthar adanthar is offline
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Default Re: UIGEA Fallout! Don\'t Worry about the eWallets: Worry about the Net

[ QUOTE ]
For a while, banks wouldn't cash Bodog checks. And Stars' main check processor pulled out on them.

I don't know much about the industry, so let me ask: why can't banks simply start blocking 3rd party check processors that are known to do business with internet gambling sites?

[/ QUOTE ]

Because 1)they likely won't be required to, 2)it'd take them too many resources, and 3)nobody is paying that much attention to *withdrawals*, it's the deposits that the legislation focuses on (and ewallets, of course, get screwed by this.)

Also, stopped clocks being right twice a day etc., gaboon is probably right that no ewallet is particularly long for this world if it deals with sportsbooks/poker's a gray area. But that doesn't really matter, because ewallets are a distant second for convenience to things like the WSEX debit card and others the sites are working on.
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