NETeller Buys An Expensive 'Get Out Of Jail Free' Card
from the justice-is-served dept
What does it take to avoid the wrath of the US government and its war on online gambling? In the case of NETeller, the online payment service that helped many US citizens fund online gambling accounts, it only needed to pony up $136 million, before being let on its way. By forfeiting that money and admitting guilt, NETeller can now resume business, provided it doesn't facilitate online gambling any more. Unfortunately, the company's founders weren't so lucky, as they'll be doing time for the crime of running the business. The settlement is also good news for customers in the US who have seen their money frozen on the site. With the settlement, NETeller is now clear to disburse the money back.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Just no 'Non-Official' gambling. Soon it will be no 'Non-Official' Speech, or no 'Non-Official' food.
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Never did understand that?
I don't understand why, if its so bad to bet on sports or other things do we allow:
The Entire State of Nevada
Any sort of Lottery
Native American Casinos
Casino Cruises to no where
The Stock Market
The mutual fund market
The futures market
or any currency market
Isn't all the same, you can lose you a$$ or win big in any of these things. So why single out online gambling? could it be because the government is not getting its piece of the action, like it does (directly or indirectly) from the rest.
It just seems like hypocrisy to me.
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My Opinion is:
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Online Gambling
You cant put a gate around the Internet....Bush is an idiot and so are the Senate and Congress.
So, porn is ok I suppose?
Is this some law that was funded by casinos in Vegas and Atlantic City to protect their interests?
Trump, Wynn, and others involved?
You betcha...the "law" is nothing but just bribes being paid to top officials...BIG MONEY being passed from Vegas to congressman...the guy who wrote the bill, I can guarantee you took lots of bribes....
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neteller
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neteller
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