EWX Per Alledged Web Reports, Shut/Seized By US Gov.

[NASHVEGAS]

It is the Neteller issue all over again. The rep for the Main Street group of casinos posted on the GPWA confirming that funds have indeed been seized by the US DoJ. I also spoke to a couple of operators yesterday who confirmed it as well. They have been notified of the seizure, and that is why EwalletExpress was removed as an option in cashier interfaces.

In the case of some operators, we are talking enormous amounts of money that they may never see again. The good operators who are solvent, and prepared for things like this, won't let it affect their day to day business. But for other less savoury operators, this could be the perfect excuse for them to delay payments, claim processor issues, etc. Similar to what happened when Mastercard levied all the fines against processors who were miscoding transactions. And for operators who relied heavily on EWalletExpress, and run on a shoestring to begin with....this could be trouble for them. I don't mean a few thousand bucks....I mean large sums.

I feel horrid for any of the US customers who have money tied up in there. If it plays out even remotely close to the way Neteller did, it could be months, or upwards of a year before any of you see a cent. And the merchants may never get their money back...probably won't in fact.

This is a perfect example also of why some casino operators would rather not market to the US player base. It makes their processor, and the ewallet companies who work with them....a target.

For those of you in the US who are now frantically searching for other deposit options....be very careful. I see lots of posts from players looking for a way to deposit, but very few who seem just as concerned about withdrawal options. Make sure you have a way to get your money, should you win. And be wary of new ewallets that may pop up now...solely to take advantage of gamblers who are desperate to play. Do your homework.

This really sucks for some of you with large amounts tied up. I hope it gets settled faster than Neteller did.

Excellent points!!

The ability of some merchants to remain as an on-going concern is in question due to multiple reasons. Most e-wallets require merchants to put up reserves for chargebacks, etc. This amount is usually based on the volume of business (deposits,etc.) and can be quite substantial.It would be reasonable to assume that merchants can no longer access these funds. Combine that with a couple substanial wins by punters and the merchant's obvious possible loss of a large amount of their revenues currently! You can finish painting the picture. I'm tired,lol!!

 

[Pinababy69]

Excellent points!!

The ability of some merchants to remain as an on-going concern is in question due to multiple reasons. Most e-wallets require merchants to put up reserves for chargebacks, etc. This amount is usually based on the volume of business (deposits,etc.) and can be quite substantial.It would be reasonable to assume that merchants can no longer access these funds. Combine that with a couples substanial wins by punters and the merchant's obvious possible loss of a large amount of their revenues currently! You can finish painting the picture. I'm tired,lol!!

Exactly the point I was making Nash, lol. I'm tired too.

As you said, the ewallets/processor, require the merchant to leave a certain amount of float in their account at all times...in some cases upward of six figures, dependent on the merchant, ewallet, etc. This whole thing could have a "trickle down" effect.

 

[all4greed]

If their funds were seized as it seems to be, what is the point of their generic answers? Why not stop live chatting or, better yet, tell the truth?

It's not like stalling buys them any time. Or maybe I'm missing something?

 

[reda]

its crazy how e wallet x is down but yet my latest deposit i made a week ago just cleared. so they still did the transaction from my bank to my ewallet account. but thats my last one.

 

[LHofsdal]

I did a search on the Department Of Justice website for Navaho Networks and eWalletXpress and I could not find anything. I thought, and I could be wrong, that when the DOJ seized something they put it up on the site as a press release. So far there is nothing there for the month of November.

I will keep checking, but I guess until we hear it from EWX themselves, it is still a waiting game.

LH

 

[all4greed]

I just received an email from VR reversing my $200 withdrawal on 11/15 (forgot about this) stating EWE was no longer an option and to pick QT or ECheck. I wouldn't put a cent in QT right now and know nothing about ECheck.

At least that $200 didn't get frozen at EWE. My last withdrawal from Slotto made it into EWE on 11/15 where it now sits.

 

[oldtrvlagt]

Tell them to send you a moneygram...go to Walmart, pick up the money, no fuss, no muss...

 

[felicie]

Or leave it right where it is in the casino for the time being.

 

[pokeraddict]

Echeck should be pretty painless. IT is the most common poker deposit/cashout method for U.S. players and while it goes down from time to time nobody ever loses their funds.

 

[NASHVEGAS]

I did a search on the Department Of Justice website for Navaho Networks and eWalletXpress and I could not find anything. I thought, and I could be wrong, that when the DOJ seized something they put it up on the site as a press release. So far there is nothing there for the month of November.

I will keep checking, but I guess until we hear it from EWX themselves, it is still a waiting game.

LH

All the potential US Government agencies have daily press releases. Any type of seizure may or may not involve the DOJ, FBI, IRS, ATF, DEA, OCC, NFL (j/k), etc. Remember the Bodog seizure of funds in the US. IIRC, it was an IRS guy who went undercover for months. There are so many possibilities that we do not know of potentially with these e-wallets and also, you ready, some of these online casinos.

That said, a Google search , correctly done should give a hit on EWX and/or NN. This morning I tried several and found nothing, of course. Then like you I went to the DOJ's site, plus the FBI's site and for giggles the State of (Southern) New York's A.G. section also. Found nada!!

 

[reda]

i just logged into my q t account and it gave me the option of cc card to fund. i didnt fund of course but all look normal to me at this time.

 

[vinylweatherman]

It is clear that the operators know this is NOT simply a "technical issue", since they have removed this option for deposits. When Neteller has "technical issues", it is NOT removed from the cashier in the casino, it just doesn't work.

Operators DON'T want eWalletXpress to "work by accident" when players keep on trying later as they are told, because the deposit will NEVER clear, and they will be faced with the bad PR of taking the deposit, and then refusing to pay the winners.

As well as reversing withdrawals from casinos, US customers should see whether they can reverse recent fundings of eWalletXpress through their banks. Since there is currently no OFFICIAL statement that funds have been seized, the banks may comply. Many banks seem to do this in any case once they become aware that the transactions break the UIGEA, and this has left many US players facing "chargebacks" on their records.

If there ARE still casinos showing this option as available, it might be worth a try getting a deposit to work just to empty the eWalletXpress account. Since there is no OFFICIAL statement, you can justifiably believe what you are currently being told, that it is a technical issue & you just have to try again later. If the industry end up taking on the risk instead of the player, it's their fault for LYING yet again.

 

[felicie]

You might have to file a quick claim at your bank thru their dispute div. to get them to pull it back. I had to do that recently on some unauthorized debits and the money came back immediately before I even finished the claim.

 

[felicie]

I got an email from Cleopatras players club and it still shows EWX as deposit option. It also showed Western Union and their new prepaid cards as an option which I hadn't noticed anywhere before. Might have been available awhile since I'm not usually looking for new deposit option.

 

[CoolCat]

IMHO, QT will be the next target unless its an gov. opt. I would suggest you play only at casinos that allow moneygram or western union cashouts. They are going to tighten the screws even further. Especially since the Republicans have won the office again. If you got a banking account tied to an online merchant or casino, with money in it. I suggest that you keep min. amounts in that account. Never know if these processors will dip into your account, while this mess is going on. Like all good things online gambling is coming to an end as we know it. Even in Europe now. Casinos are screwing over its players; and even in some cases dipping into some players ewallet and bank accounts.

So a word to the wise. Pay attention to all the warning signs. Maybe its time to start saving up for those vacations again at the B&M casinos. Getting out more. And using the internet only to send and receive emails.

Paypal, Neteller, Firepay, EWX, Instadebit, Click2pay, Moneybooker, Eps Mastercard, Phone cards, etc all are gone. QT is the last man standing for us US players.

 

[blacklabrador]

IMHO, QT will be the next target unless its an gov. opt. I would suggest you play only at casinos that allow moneygram or western union cashouts. They are going to tighten the screws even further. Especially since the Republicans have won the office again. If you got a banking account tied to an online merchant or casino, with money in it. I suggest that you keep min. amounts in that account. Never know if these processors will dip into your account, while this mess is going on. Like all good things online gambling is coming to an end as we know it. Even in Europe now. Casinos are screwing over its players; and even in some cases dipping into some players ewallet and bank accounts.

So a word to the wise. Pay attention to all the warning signs. Maybe its time to start saving up for those vacations again at the B&M casinos. Getting out more. And using the internet only to send and receive emails.

Paypal, Neteller, Firepay, EWX, Instadebit, Click2pay, Moneybooker, Eps Mastercard, Phone cards, etc all are gone. QT is the last man standing for us US players.

QT is not the last man standing on the 2 casinos I play on. I wouldnt use QT anyhow, they charge to use their service, why pay them when you can simply use a Visa ? I use my Visa and have bank wire as my payout option. I am surprised to see so many people panicking.

 

[ksech]

There has been some very good advice in this thread from longstanding members. "Newbies" would do well to heed their advice. They've lived through the Paypal issue, Neteller debacle and tons more. They are offering sage advice to those willing to listen. The way it looks QT is the next target, Visa isn't far behind. Those who are willing to take the chance of depositing and MAYBE winning, stand the chance of losing their winnings or having them tied up while these issues are resolved. Are you willing to "gamble" twice with your money?

Sure, you may still be able to deposit at SOME casinos using your Visa, but what happens when your BANK decides they aren't willing to accept international transfers? There goes your money. Do you think the casinos are going to be concerned if your bank accepts or rejects an international transfer when they have bigger "fish" to worry about?

I wouldn't be surprised to see some US friendly casinos become temporarily unfriendly, until a decision regarding the UIGEA is set in stone. What's the difference of waiting a week or two to see how things work out or taking the chance of trying to find a new way to deposit, only to find out you have NO means to withdraw?

JMO....

 

[bjoslin]

US Payments a Shell Game

Seems likely that an Up-And-Comer processor like MyPayLinq or MoneyLineWallet will grow as questions about QT/UMW's viability persist. When a processor grows too big, they are hard for the DOJ to miss on the radar. I'm betting though, there will always be a new hot wallet out there, as long as people are willing to spend there money.

For some great background, and recent actions by the US DOJ, check out this great webpage I stumbled on. (It's rather lengthy.)

You do not have permission to view link Log in or register now.

 

[SlotsLover]

money

Until the US govt figures out a way to get some money out of the online casinos (without upsetting the moralists), the US will always be at war with online gambling. Why should they not be? Their money is going out of the country!

 

[Diane]

QT is not the last man standing on the 2 casinos I play on. I wouldnt use QT anyhow, they charge to use their service, why pay them when you can simply use a Visa ? I use my Visa and have bank wire as my payout option. I am surprised to see so many people panicking.

QT charges only 5% for incoming cc depsoits ----- which when you have no other options isnt too bad. Then just withdraw via ACH from the online casinos. The ACH option from CWC for withdrawals amounts to about 3.5% before it hits my bank.

Unless I am missing something. Yes, I prefer to fund direct with credit cards without a fee, but that is getting tougher and tougher to do. Most consistently AMEX will work at most sites, but then SLOTO cash wont take any credit cards right now.

Diane

 

[Mousey]

QT is not the last man standing on the 2 casinos I play on. I wouldnt use QT anyhow, they charge to use their service, why pay them when you can simply use a Visa ? I use my Visa and have bank wire as my payout option. I am surprised to see so many people panicking.

As I see it, unless a player has funds stranded in EWX, there is no need for panic. However... all the warning signs are here. Those of us who have been here for years are experiencing deja vu. LOL

It isn't just the possibility of losing QT that is a concern... it is that casinos can't pay out if too much of their funds are 'locked up' by the DOJ -- whether it's ewx or Visa or whatever the DOJ scapegoat of the month is. A player also wouldn't be wise to leave funds in QT, or a casino for that matter. Not right now, anyway. Using Visa may work for the moment... but should they go back and decide to reclaim those funds used for 'illegal' gambling, your casino accounts will see chargebacks (which you did not initiate).

I haven't left funds in QT since day one as EcoCard herded US players to QT. They can lop us off like a rotting limb. I remember scrambling to get funds out of NETeller...

Anyway... caution is not the same as panic. And now (as it has been since UIGEA and before) is the time for USA players to keep their eyes open and pay attention to the current climate.

I don't like to see players scrambling to deposit, with no thought to how/if they're going to get money out should they win.

I haven't played in over a year, so no big deal for me personally. I'm spending more time doing other things.

I've rambled on long enough. That's Mousey's nickel's worth.

 

[felicie]

Until the US govt figures out a way to get some money out of the online casinos (without upsetting the moralists), the US will always be at war with online gambling. Why should they not be? Their money is going out of the country!

It looks like the US govt has figured out plenty of ways to get money Who gets all the forfeitures I just saw in 'the War against' link posted by bjoslin? (ty btw interesting Incredible amounts paid to the US govt.? Condos, cars and who knows what else. I would have nothing to do with US customers if I was an online casino owner, processor or software provider. no speaky d english

 

[Mousey]

Just an additional note... remember that USA players still playing at MG casinos have also been herded off on our own. Meaning, those MG clones can dump us and run at any time we're deemed a liability. I mean... they're not accredited, and we still don't know who the owners are, do we? If they shut us out, do I think we'll get paid... probably... but how long will that take? And since they aren't really MG anymore.... well... think about it.

 

[blacklabrador]

Just an additional note... remember that USA players still playing at MG casinos have also been herded off on our own. Meaning, those MG clones can dump us and run at any time we're deemed a liability. I mean... they're not accredited, and we still don't know who the owners are, do we? If they shut us out, do I think we'll get paid... probably... but how long will that take? And since they aren't really MG anymore.... well... think about it.

All I know is that Riverbelle has my 100% trust with my money simply because they have never given me reason to not trust them paying me , or using unfair software such as RTG as of late, and the tightest of all, 3dice. I cashed out another 1k just the other night to bring me about even over the last 11 months with one to go for the year. In fact i may be up a little, i have to check. I dont know, Riverbelle just seems so actually care about thier USA players where most others dont.

How often do you guys get gift baskets delivered to your front door on thanksgiving, halloween and Christmas from other casinos? How often does your casino rep personally take the time to call you on the phone, or email you specifically to simply say hello, or share some pictures of what he did over the weekend on the other side of the globe? Im guessing rarely , if ever.

Customer service is pretty much at an all time low in the online gaming industry right now where these guys just keep being real, honest, and genuinely nice to deal with overall.

 

[jelsmith]

All I know is that Riverbelle has my 100% trust with my money simply because they have never given me reason to not trust them paying me , or using unfair software such as RTG as of late, and the tightest of all, 3dice. I cashed out another 1k just the other night to bring me about even over the last 11 months with one to go for the year. In fact i may be up a little, i have to check. I dont know, Riverbelle just seems so actually care about thier USA players where most others dont.

How often do you guys get gift baskets delivered to your front door on thanksgiving, halloween and Christmas from other casinos? How often does your casino rep personally take the time to call you on the phone, or email you specifically to simply say hello, or share some pictures of what he did over the weekend on the other side of the globe? Im guessing rarely , if ever.

Customer service is pretty much at an all time low in the online gaming industry right now where these guys just keep being real, honest, and genuinely nice to deal with overall.

I get awesome ones from 3dice! I mean top o the line baskets.