Quote:
Originally Posted by Stanford
That is certainly good news.
But even if the proposed Regs survive, does this pretty well mean that routes to play can be opened. I could see a foreign bank and then a Neteller type account through the foreign bank. All transactions to the US would be bank to bank. All transactions to the Web Wallet would be via the foreign bank account. Under the proposed Regs, I don't see a problem with that arrangement. The only problem I see is we need a replacement for Neteller like we had a replacement for Paypal.
Will it be time to come back soon? Any thoughts from anyone?
Stanford.
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Correct me if I'm wrong, but the charges and crap against NETeller 2 had nothing to do w/UIGEA but the old law in the books against sportsbetting. (You know, the one that keeps getting resurrected everytime the feds want to shut down a casino/sportsbook. And they scream online gambling is illegal.) JMO, but I think it would also have helped NETeller if they had supported other types of online transactions -- something other than gambling. Maybe if an ewallet didn't work at online sportsbooks it might skirt the DoJ and FBI hysteria?