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Online Poker Forum - Poker Count Down, Before the LAW they Passed Makes us STOP
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JrsyLdy
Flush


Joined: 15 Oct 2006
Posts: 145
Location: Computer room

PostPosted: Wed Nov 01, 2006 7:20 pm    Post subject: Reply with quote

UNITED KINGDOM – As reported by the UK Guardian: "Online money transfer business NETeller said today it would continue operating in the US until new regulations on internet gambling, which are expected to make its business illegal in there, are drawn up.

"The Aim-listed company, which specialises in money transfers between online gambling sites and players, said it increased revenues by nearly 50% in the third quarter of the year and revenues were up 48% to $67m (£35.25m).

"…The new legislation in the US, which specifically targets banks and payment services which facilitate online gambling, sent NETeller's shares falling 60% after it was passed.

"…However, NETeller has made no changes, saying it would wait until the regulations are drawn up and it becomes clearer what the legislation will mean for its business…"


We'll find out in Feb I guess.
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bigguz2000
Two Pair


Joined: 28 Sep 2006
Posts: 68

PostPosted: Wed Nov 01, 2006 11:01 pm    Post subject: Reply with quote

I love the "partypoker did it" thing and some folks think everywhere should do the same. Partypoker sucked anyway, and they had way more than just poker, they had a entire gaming site, therefore a bit different.
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dcoles11
Straight


Joined: 14 Oct 2005
Posts: 111

PostPosted: Thu Nov 02, 2006 12:50 am    Post subject: Reply with quote

bigguz2000 wrote:
I love the "partypoker did it" thing and some folks think everywhere should do the same. Partypoker sucked anyway, and they had way more than just poker, they had a entire gaming site, therefore a bit different.


If it was as simple as that they would have just got rid of their blackjack and other casino softwear for Americans, they are losing a ton of money from not having us play poker.
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