Gambling Enabler Neteller Craps Out.

The leftist Register (which almost rejoices):

Neteller found itself in the crosshairs due to the fact that it provided payment processing services to an astonishing 80 per cent of all online casinos, and processed over $7bn in transactions in 2005. The DOJ press release contrasted Neteller’s insouciant indifference with the docile response it got from competitor Paypal back in 2003, when Paypal coughed up $10m to avoid prosecution for facilitating these same kinds of transactions. Neteller PLC itself has yet to be charged with anything, though this was a pretty good shot across the bow.

About Chris F. Masse

Founder and President of Midas Oracle
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2 Responses to Gambling Enabler Neteller Craps Out.

  1. Alex Forshaw says:

    Sounds like you’re “almost rejoic[ing]” yourself.

  2. Chris Masse says:

    Absolutely not. You’re smoking something.

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