Neteller Update...

[Suigin406]

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I guess I should use my points to enter those drawings soon.

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just used all 5m of mine last week and for month of oct

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Guess I'll wait until November [img]/images/graemlins/grin.gif[/img]

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thx for the heads up...i will too now...

[Sniper]

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I don't think the regulations of 5364 can be written to prevent anything more than a 'restricted' transaction.

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The Regs will likely outline the procedures that the banks will be required to follow... I haven't seen anything from the Fed yet acknowledging any kind of work in progress on this.

[j2zooted]

are there sites where we can track what is being done with the regulations? if so what are they?

[Megenoita]

Do you think that this is going to cause a major change in online poker? Is this going to make all the tables really tight?

[Sniper]

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are there sites where we can track what is being done with the regulations? if so what are they?

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I'm watching for something to appear on the Federal Reserve website...

[rando]

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Do you think that this is going to cause a major change in online poker? Is this going to make all the tables really tight?

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Seems like there has been some tightening up already, along with certain games losing traffic at > micro limits (i.e. sharks feeding on chum instead of tuna).

[Sniper]

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Do you think that this is going to cause a major change in online poker? Is this going to make all the tables really tight?

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Seems like there has been some tightening up already, along with certain games losing traffic at > micro limits (i.e. sharks feeding on chum instead of tuna).

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If Neteller leaves the US market, it will likely have a significant impact on the number of US online players... at least in the short term.

[Sniper]

Link to Dermot Desmond thread ... large Neteller shareholder, rumored to be considering acquiring Neteller.

[ender]

If they are really making 3.9% on all deposits, they would be crazy to get out of this business. That kind of margin is worth risking jail.

[Sniper]

Neteller is conducting an online survey... link to discussion in the Zoo

There was initial concern as the original email looked like a phishing attempt... however, the email has been verified as being conducted by a well known survey firm on behalf of Neteller.