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Reply To: Gambling Bill BRAINSTORM – No Bitching Allowed

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#708160
Anonymous
Inactive

I am in the wait and see camp myself, but what about making an offshore corporation that owns your sites (with offshore hosting), a corporate Neteller account for that corp, and you are an employee of the corp and take a salary (maybe as spokesperson). Possible issues are that someone needs to be an officer of the corp, which you could get around with another corp being president or a partnership or something. Sooner or later, at one of the levels, you would have to be involved as an officer though which might put you back at risk. (although much harder to identify and/or prosecute)

This is starting to feel more and more like money laundering LOL.

This of course is just for the affiliate payment side of things. I think the larger concern is how are our players going to fund accounts if all the intermediaries either A) get shut down or B) stop taking EFTs but start accepting “creative” ways of funding, such as money orders, phone cards, etc, etc. I just think at some point, the hurdles (and costs) our customers will have to jump through will not be worth it for all but the most hard core gamblers. Hopefully a new “4th party” will be developed as Professor mentioned to insulate all concerned parties from risk. Hey, there is a good site idea for someone. We could call it “Fristeller” and its whole purpose would be to move funds from Neteller to the Casinos while somehow shielding the fact that it is going there. :clapper:

CBW