Re: 7 People Arrested for Online Credit Processing
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You guys may be missing one important point.
Under the new pending legislation, any company that has been convicted of a crime cannot apply for a (much sought after) license.
The current US serving sites may choose to pull out now to avoid any chance of prosecution, so that they can serve us in the long run.
Makes perfect business sense.
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Haven't they already broken the law? The day Bush signed the UIGEA into law, they were breaking the law. Leaving the U.S. market now isn't going to help them.
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No. The UIGEA didn't make any new laws about gambling. It made new laws about financial transactions to gambling websites that were already illegal.
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