"Hold em is to stud what chess is to checkers.", Johnny Moss

Thursday, January 18, 2007

Neteller Says Good Bye U.S. Poker Players

Found this information on Lucko21's blog.

Effective ImmediatelyDue to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites.All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds.Please note that we are experiencing higher than normal support volumes and recommend that you read the FAQs for more information.

Why is NETELLER no longer allowing US members to make fund transfers with online gambling sites?

The US government has recently introduced new legislation in the form of the Unlawful Internet Gambling Enforcement Act. To best protect the interests of NETELLER members, employees, shareholders and business partners, NETELLER will no longer provide service to US members to transfer funds to and from online gambling merchants. Read the press release.

Official posting from Neteller
News from PokerNews

This started when the founders of Neteller were arrested in the U.S. a couple days ago.

This becomes very problematic for poker players. It's not bad if you some bankrolls already built up on your favorite poker site, but it does become a problem when you want to withdraw or try a different room. Hopefully with all the intelligent people in this world, someone will figure out another way to deposite and withdraw. Or maybe, someone with enough pull can remove this bill, or get poker excluded.... wouldn't that be nice?

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