it hasn’t been addressed by the company yet …
But the fact that they suspended their shares shows how much impact this will have. Certainly dropping US gambling payments will have a massive effect on their turnover and bottom line … and their share price will reflect that.
We saw a similar effect on poker rooms in October – and a quick re-organisation of rooms.
Neteller might have to make job layoffs – but their basic principle is still very much a money earner – and they do not have any corporate debt to speak off – so the company should continue – albeit with smaller volumes.
:tooconfus
DISCLAIMER : I’m not financial expert on e-wallet companies – and I would expect more informed debate to be in the UK busienss section over the next month or so – as this is a hot topic.
Check the broadsheets – or google Neteller in the financial section news.
:popcorn: