Gambling Enabler Neteller Craps Out.

Chris F. Masse January 17th, 2007

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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.

2 Responses to “Gambling Enabler Neteller Craps Out.”

  1. Alex ForshawNo Gravataron 17 Jan 2007 at 10:05 AM

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

  2. Chris MasseNo Gravataron 17 Jan 2007 at 10:11 AM

    Absolutely not. You’re smoking something.

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