Will Neteller Pay?

[bcubed72]

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Except for the excessively long wait to actually get the funds, this could turn out to be a good thing.


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I doubt it.

One of the major stumbling blocks for getting internet gambling going in the first place was, "how can I trust them?" A few bad apples absconded with money and gave the industry a setback. Eventually people (such as myself) decided "they're publicly traded companies worth billions...it wouldn't be in their best intrest to be dishonest." That was the operative unitl UGIEA and, notably the NETELLER fiasco.

Even if this is resolved sucessfully, people will elect to remember how people were left wondering if or when they would be paid...it would be rational for the casual player to second-guess the wisdom of internet gaming. This is, as far as I'm concerned, even bigger news than the passage of the UGIEA in the first place.

A coule points:
1. It seems a non-US citizen could facilitate obtaining one's cash, out of the goodness of his heart (and 2%, perhaps). Not only would such a person be a hero to 2+2ers, he also could clear a quick six figures.

2. There must be something more going on than just two guys--who don't even work for them anymore--got arrested. After all, the NETELLER bigwigs would be accountable for past transactions up to the statute of limitations; this wouldn't change that. Anyone know the behind-the-scenes issues that caused this to happen?