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Neteller has posted some news.
http://content.neteller.com/content/en/member_businessupdate.htm
To see and accept the new terms you have to visit the “Main Page” of Neteller and log in. The you’ll have to accept.
I logged in the first time bypassing the main page and never saw the terms to accept. Once I logged out, and visited via the main page I had to accept the terms.
I also live in Canada.
I don’t believe the terms actually changed though, it always had the part about disclosing information to subpoena’s, etc…
Logged on; got “new terms” window, read it and it appears acceptable.
Accepted terms.
Slotland deposit was there……thanks HannahRead announcement…so far “Business as usual” thanks! Neteller:la-de-da: :happydanc
I got new terms.
Looks ok. NETeller is pretty adamant about saying they are not a bank.
We reserve the right to cooperate with legal authorities having actual or potential jurisdiction over us.
Don’t think US authorities have that jurisdiction over them.
Professor wrote:Hey Sharp does US have authority over 888.com, PartyPoker, Partnerlogic or William Hill?No. That’s why I think they need not to say they will not accept bets from US citizens. And that’s why the legislation follows the route of blocking US bank transactions instead of the game directly.
I’m not sure but although internet gaming is legal in England, isn’t it against the law there to accept wagers from countries that do not allow online gambling?
Quote:No. That’s why I think they need not to say they will not accept bets from US citizens.So you think those publically traded billion dollar companies gave up 80%+ of their revenue base without consulting legal counsel?
Gee I bet they will be relieved when they read this thread, they can just turn the US players back on! Whew! What were we all worried about?
dalster44 wrote:I’m not sure but although internet gaming is legal in England, isn’t it against the law there to accept wagers from countries that do not allow online gambling?If the company is offering gambling on England with all assets and activities in England, I don’t see why they would care with the origin of the player, since the transaction occurs under Brittish laws where gambling is legal. There is nothing on Brittish laws saying it is ilegal to accept a bet from a US citizen.
Sharp I didnt mean to come off as being short with you. I know you mean well and are throwing out ideas. But I think this issue is more complex them many people realize at first glance.
Anyways its been a stressful weekend and I wanted to say I didnt mean to snap at you.
Professor wrote:Sharp I didnt mean to come off as being short with you. I know you mean well and are throwing out ideas. But I think this issue is more complex them many people realize at first glance.Anyways its been a stressful weekend and I wanted to say I didnt mean to snap at you.
No problem Professor. I understand that everyone is concerned with this of course.
I just want to share here that people must not think that US law applies to the World.
There is nothing on Brittish laws saying it is ilegal to accept a bet from a US citizen.
Yup, that’s right. It’s perfectly legal for a British company to accept an online bet from a US citizen, regardless of the legal status of online gambling in the USA. And it really is about time that one of the larger UK gaming companies stood up and told the USA where to stick it….contrary to popular belief, the United States are not the world’s policemen and their laws do not apply outside their borders.
tryme1 wrote:Yup, that’s right. It’s perfectly legal for a British company to accept an online bet from a US citizen, regardless of the legal status of online gambling in the USA. And it really is about time that one of the larger UK gaming companies stood up and told the USA where to stick it….contrary to popular belief, the United States are not the world’s policemen and their laws do not apply outside their borders.Exactly! But for some reason they dont have the GUT’S (thanks mark) to stand up to the US. The WTO already ruled in favor of other entities, the US has totally ignored those rulings and continues to do as they please and for some reason everyone is listening to them. Makes you think something is going on behind the scenes that we are not privy to.
The statements of 888Holdings and PartyGaming early today were completely unnecessary, on the wrong time, and weakened all the gambling sector.
In contrast, Neteller made the right statement:
“It is currently unclear how NETELLER, a European company, with no assets, presence or employees in the US, would be affected by this bill.
