Casino City wrote:
Yes, the arrests are based on obscuring the ultimate destination of funds transfers (which is indeed illegal under US money laundering laws) for the purpose of illegal sports betting (which is a criminal activity under the wire act). These arrests are not directly related to the unlawful internet gambling enforcement act.
Michael Corfman
Casino City
Michael Corfman
Casino City
I agree with this.
All the arrests that stuck in the past were related to illegal sportsbetting, and this one adds hiding the destination of money transfers.
It is indeed a blow to the industry to lose neteller.
I just hope the casinos haven’t been asleep on the switch and have an alternative.