DESSERTLADY
Legend
Silver Level
Since I have been off here for a few days didn't know if anyone had seen this yet.
http://about.neteller.com/neteller/upload/Pressreleaseupdate19oct06Final.pdf
I got this off another site's link to this.
NETeller will comply with US regulations
NETeller, the online money transfer firm, said it would comply with new US regulations that prohibit internet gambling sites taking money from US residents.
The company said it would comply with the Act to ensure that it can continue to operate with the support of its commercial partners and to protect its shareholders, business partners, employees and reputation.
However, NETeller added that some areas of the Act remain unclear, particularly the obligations of financial transaction providers such as itself.
“This uncertainty should be largely resolved when the Secretary of the Treasury and the Board of Governors of the Federal Reserve System issue the regulations they are required to prescribe within 270 days,” said the group.
NETeller added that while waiting for clarification, US-resident customers are able to use its service as normal. Non-US customers are not affected at all by the legislative changes and the non-US business will continue to operate as normal.
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Gambling911.com News Wire Originally published October 19, 2006 9:43 am ET
This BITES!!!
http://about.neteller.com/neteller/upload/Pressreleaseupdate19oct06Final.pdf
I got this off another site's link to this.
NETeller will comply with US regulations
NETeller, the online money transfer firm, said it would comply with new US regulations that prohibit internet gambling sites taking money from US residents.
The company said it would comply with the Act to ensure that it can continue to operate with the support of its commercial partners and to protect its shareholders, business partners, employees and reputation.
However, NETeller added that some areas of the Act remain unclear, particularly the obligations of financial transaction providers such as itself.
“This uncertainty should be largely resolved when the Secretary of the Treasury and the Board of Governors of the Federal Reserve System issue the regulations they are required to prescribe within 270 days,” said the group.
NETeller added that while waiting for clarification, US-resident customers are able to use its service as normal. Non-US customers are not affected at all by the legislative changes and the non-US business will continue to operate as normal.
---
Gambling911.com News Wire Originally published October 19, 2006 9:43 am ET
This BITES!!!
