October 2, 2006 at 11:44 am
#708471
Inactive
Neteller PLC is based on Isle of Man, UK.
I have been saying this. How can a US rule affect companies that don’t have assets and/or business operations in US.
I think that even a company that accepts bets from US residents, that is based on other country not USA, and who don’t have any assets or operations within US, can accept bets from US residents, since the gambling is not offered on US territory. In that case the only legislation that applies is that of the country where the gambling company is based. If they don’t advertise in USA, I think they can’t be prosecuted for accepting bets from US, like a coffe shop in Holland can’t be prosecuted for selling drugs to a US citizen.
Would like to ear some comments on this.