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Neteller Halts US Gambling Transactions


2007-01-17 21:34:45
By: Gene Bromberg

Well, that didn't take long. If you log on to Neteller you'll see a flashing graphic that says, "Are you a US Member/Important Service Update".

And here's the update:

Effective Immediately

Due to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites.

All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds.

There's also an extensive FAQ that U.S. players might want to sift through for their own education.

Citadel Commerce Corp. also announced today that they will no longer process payments for U.S. consumers.

Just to reassure you--your money with UltimateBet is safe. In the worst-case, waking nightmare scenario, where all electronic financial avenues are cut off, you can always get the money in your account in the form of a check. It'll take longer than an electronic cashout, but you WILL get your money. Hopefully we'll never have to face that unappetizing situation.


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