Neteller: "We Are Staying In The US"

[sbj99]

The company will continue to operate in the US

- quote from Burce Elliot, NETeller's executive vp, marketing and sales at an online gaming conference today.

The story came out on dow jones earlier today, I'm unable to find a link online. sorry if this was already posted I didn't see anything.

[Kevmath]

It's an article from wsj.com which is subscriber only but does have the headline mentioned above.

[Suigin406]

if this is indeed true, it's great news for the short-term future...at least now i know where to put all the funds i had in firepay...

[HumanACtor]

Confirmed. "Neteller vows to stay in US" is one of the headlines on wsjonline.com

[dneedle1]

It is true. I subscribe to the Wall St. Journal, and just saw the article. I am not copying it all, for fear of copyright violation. Here is the headline and first paragraph.

"Neteller Vows to Stay in the U.S.

DOW JONES NEWSWIRES
October 11, 2006 12:31 p.m.

A Neteller PLC executive said the British company, which handles payments for online gambling companies and others, will continue to operate in the U.S., despite the recent passage of antigambling legislation."

[Ron Burgundy]

Woot!

[sbj99]

I got it off the dow jones newswires, originally came out at 11:20Am EST. Headline is :

NETeller Exec: Company Will Still Operate In The US

This is from wsj.com

<<Neteller Vows to Stay in the U.S.


DOW JONES NEWSWIRES
October 11, 2006 12:31 p.m.

A Neteller PLC executive said the British company, which handles payments for online gambling companies and others, will continue to operate in the U.S., despite the recent passage of antigambling legislation.

"We are staying in the U.S.," said Bruce Elliott, Neteller's executive vice president, marketing and sales, told a online gambling conference in Barcelona. "I don't think we have a very big problem."...

>>

[Guthrie]

Give me Neteller and Stars baby and I'm good to go.

[Coy_Roy]

[ QUOTE ]
if this is indeed true, it's great news for the short-term future...at least now i know where to put all the funds i had in firepay...

[/ QUOTE ]

Agreed.

....and if the regulation enforcements by the banks that are supposed to ultimately go into effect preclude blocking Neteller, we've dodged a huge bullet and it really will be business as usual.

This may help me regain my game focus that has not quite been there since the legislation.

Hopefully great news here.

[HSB]

This means it's pretty much business as usual until the regulations come out at which time things may change.

People may have to change sites they play at but that's about the extent of things.