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Reply To: Mastercard crackdown

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Anonymous
Inactive

@TheGooner 215790 wrote:

Additionally, the banks have NOT said it’s not enforcable because “they do not know what to enforce” they’ve said it’s not enforcable because the of the limited amount of data involved in a financial transaction when it reaches the clearing house.

Actually, I watched a session on CSPAN that had politicians, bankers and a rep from the DOJ.

The banks repeatedly asked the DOJ rep what laws they could base their decisions on – how to decide what “illegal internet gambling” was. The DOJ rep had no answer. And I mean none. All she said is “internet gambling is illegal in the eyes of the DOJ”.

All cases brought to court ever were sportsbetting. There were pressures applied, but no trials held, to payment processors. Dipsh!t came forward on his own and begged the DOJ to take his money please, and the DOJ complied.

That’s about it.

The US government is winning by fear, bluster and high profile regulatory court cases in related areas maknig headlines.

Yep, shock and awe, no substance.

Now, the canadian processor currently in the hot seat is a concern, and we shall see how that goes.

Maybe Mastercard just got sick of chargebacks.