Re: Interesting Conversation with bank guy about implementation of UIG
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Does not sound that encouraging to me.
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You miss this?:
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Finally, he volunteered that the easy way around the (expected) regs, will be for the sites just to use a code different from the one for gambling.
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The sites already do a lot of sureptitious stuff to fly under the radar, so why wouldn't they do something this easy? Of course it does take the cooperation of their banks, but the banks who don't have a problem dealing with the sites right now likely won't have a prob with that.
Maybe that Billmandude will come here with some theory though as to why that won't happen and we should panic now instead of waiting a few months to see.
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