RSS
Twitter
NETeller Buys An Expensive 'Get Out Of Jail Free' Card
from the justice-is-served dept
What does it take to avoid the wrath of the US government and its war on online gambling? In the case of NETeller, the online payment service that helped many US citizens fund online gambling accounts, it only needed to pony up $136 million, before being let on its way. By forfeiting that money and admitting guilt, NETeller can now resume business, provided it doesn't facilitate online gambling any more. Unfortunately, the company's founders weren't so lucky, as they'll be doing time for the crime of running the business. The settlement is also good news for customers in the US who have seen their money frozen on the site. With the settlement, NETeller is now clear to disburse the money back.
Reader Comments
(Flattened / Threaded)
Oh, but it's ok to play the lottery.
Just no 'Non-Official' gambling. Soon it will be no 'Non-Official' Speech, or no 'Non-Official' food.
(reply to this comment) (link to this comment)
Re:
Really, the US government should stop wasting it's time trying to fight online gambling. There are problems in the world and online gambling isn't one of them.
(reply to this comment) (link to this comment)
Re: Re: wasting time
It's not a case of politicians wasting time. It's politicians paying back donors for their generous contributions, and future lobbying jobs.
(reply to this comment) (link to this comment)
Never did understand that?
Gambling is simple a game of risk played with money.
I don't understand why, if its so bad to bet on sports or other things do we allow:
The Entire State of Nevada
Any sort of Lottery
Native American Casinos
Casino Cruises to no where
The Stock Market
The mutual fund market
The futures market
or any currency market
Isn't all the same, you can lose you a$$ or win big in any of these things. So why single out online gambling? could it be because the government is not getting its piece of the action, like it does (directly or indirectly) from the rest.
It just seems like hypocrisy to me.
(reply to this comment) (link to this comment)
My Opinion is:
Who cares about gambling! Worry about "hardcore" drugs that take needles, global warming and the price of gas! THAT is something time worthy! Gambling? So what! Online gambling just means when you lose the shirt off your back, you have to mail it to them! ;P
(reply to this comment) (link to this comment)
Online Gambling
The US law is so stupid...
You cant put a gate around the Internet....Bush is an idiot and so are the Senate and Congress.
So, porn is ok I suppose?
Is this some law that was funded by casinos in Vegas and Atlantic City to protect their interests?
Trump, Wynn, and others involved?
You betcha...the "law" is nothing but just bribes being paid to top officials...BIG MONEY being passed from Vegas to congressman...the guy who wrote the bill, I can guarantee you took lots of bribes....
(reply to this comment) (link to this comment)
neteller
Once again the us has shown it's hypocrisy. It's ok to slaughter human beings but gambling, no way! Bush and his bible thumpers are total idiots.
(reply to this comment) (link to this comment)
Add Your Comment