News Item

Neteller Will Not Leave the US

By launchpoker, Oct 13, 2006

When the US Congress passed the bill threatening the livelihood of online poker players in America, everyone wondered exactly how the poker industry would be impacted. Much has been made over the fact that the bill does not target the individual poker player, but rather seeks to force banking institutions to enforce a ban on financial transactions that go from the poker player to the online poker room. As many poker players don't use standard traditional banks, but rely on newer, web-based financial processing companies, the question inevitably became, "What would Neteller do?"



In an address to poker industry executives, Executive Vice President of Sales and Marketing for Neteller Bruce Elliott said they would not be leaving the US market.