How Bout These "Loopholes/End Runs"? (poker sites take note)

[Capitola]

[ QUOTE ]
Ive been saying for years, Neteller needs to establish itself in other things besides gambling...Auction
site, merchants, etc....They never made a big push on
this, now they will regret it.

[/ QUOTE ]
Exactly. When I contacted them as a website operator to set up a merchant account a few months ago, they said they only service the gaming industry. So they didn't just fail to push into other areas, they actively turned away non-gaming merchants.

I don't know what their reasoning was, but now they will pay the price big-time.

I read something years ago, which said that online gaming would not be banned outright for fear that it would spur the creation of an entirely online currency unregulated by any government. Money laundering and international transfers through this online currency would be simple, and law enforcement would be helpless.

Neteller could have been that online currency, but they blew it. Now we will need an intermediary between our banks and Neteller, or better yet some e-cash alternative to Neteller that's NOT limited to gaming.

Good job Neteller. Way to think ahead.