#9
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Re: Are there any laws against online gambling in Canada?
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It depends on whether the bank's VISA processor is located in Canada (TD) or in the US (RBC) as to whether or not they can handle gambling cash transfers. Your TD US$ Visa, on the other hand, might actually be housed in the US. Frankly, I think you've been lucky to cash back to your TD Visa up until now. Almost every site that I tried it on back in 2005 told me "We can't do that since you live in Canada", hence the need for a e-wallet or to issue a cheque/EFT through Party. I can see why VISA, with a large US presence, might be leery about consumers using their VISA cards (issued and handled by Canadian institutions) as wallets to pass through gambling transactions at this point. Why else would Neteller, Citadel and Firepay, all with Canadian employees, shut down payment processing services to Canadians? (BTW, did anyone ever get a satisfactory answer as to what caused that? I asked all three, and no one would disclose anything aside from vague threats regarding the legality of certain aspects of online gaming.) [/ QUOTE ] I'm pretty certain even though it is a US visa card, all transaction processing is in Canada because otherwise I wouldn't have been able to get away with it for 6 months. We will see what happens. I may just deposit everything back onto Party and eat the cost of currency exchange and cash out by cheque. |
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