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NETELLER: No More InstaCash for U.S. Residents
CardPlayer.com ^ | 1/17/2007 | CardPlayer.com

Posted on 01/18/2007 6:56:11 AM PST by philsfan24

Some Poker Sites Have Restricted All NETELLER Transactions, Not Just InstaCash Some poker sites have limited or completely restricted NETELLER transactions following the detainment of two former NETELLER executives by the U.S. Federal Bureau of Investigation.

Since the incident, NETELLER has banned the use of its InstaCash feature for U.S. residents, but continues to allow users to fund sites with money that already resides in their NETELLER accounts.

Poker sites had mixed responses to NETELLER’s move. PokerStars and Full Tilt Poker, for instance, followed the NETELLER ban exactly and now prevent users from funding their accounts using InstaCash. Bodog, on the other hand, took a more drastic stance and disallowed players from using NETELLER at all, even with funds currently in their NETELLER accounts.

Trading of the NETELLER stock was suspended following news that the two NETELLER co-founders, John Lefebvre and Steve Lawrence, were arrested while traveling in the U.S. The two founders have not had an official role in the company, aside from being the top shareholders, since before their detainment.


TOPICS: Culture/Society; Miscellaneous
KEYWORDS: nannystate; neteller; poker
ridiculous it has come to this. the nanny state is descending upon us. any poker players out there know of a new way to deposit funds?
1 posted on 01/18/2007 6:56:13 AM PST by philsfan24
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To: frogjerk

ping


2 posted on 01/18/2007 6:56:53 AM PST by philsfan24
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To: philsfan24

It sounds like you will have to send the sites a check and wait for it to clear.


3 posted on 01/18/2007 7:00:06 AM PST by Always Right
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To: philsfan24

More reason that the R's lost--the idiot party returns!!!


4 posted on 01/18/2007 7:00:56 AM PST by Pondman88
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To: philsfan24

The land of the free, my ass.


5 posted on 01/18/2007 7:02:20 AM PST by FReepaholic (If daydreaming were an Olympic sport I'd be a gold medalist.)
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To: philsfan24

I don't think U.S. banks can cooperate legally in sending $$$ outside the country to gambling casinos.

I've thought about opening an account in a banking institution OUTSIDE the U.S. and write checks on that bank, to fund my account in a poker-game casino, but I haven't done it yet.


6 posted on 01/18/2007 7:06:03 AM PST by i_dont_chat (I have the right to offend. You can take offense or not.)
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To: FReepaholic

Support your local Bookie.


7 posted on 01/18/2007 7:06:22 AM PST by massgopguy (I owe everything to George Bailey)
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To: philsfan24
What next? A five year jail term and $20,000 fine for drawing to an inside straight? After all, only the nanny state is capable of protecting you from doing something stupid with your own money.
8 posted on 01/18/2007 7:06:23 AM PST by KarlInOhio (Samoans: The (low) wage slaves in the Pelosi-Starkist complex.)
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To: i_dont_chat

"I've thought about opening an account in a banking institution OUTSIDE the U.S."

Lots of luck there....I don't know of any bank outside of the US that will allow you to open an account without actually visiting the country of origin. (I would suggest Barclays in the Cayman Islands).


9 posted on 01/18/2007 7:09:32 AM PST by politicalwit (Freedom doesn't mean a Free Pass.)
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To: philsfan24

The fact that Republicans supported this nanny-state nonsense wholeheartedly makes me ill. Even worse is that where I live in Washington State, the state legislature made online poker a Class C Felony. This used to be a free country.


10 posted on 01/18/2007 7:11:41 AM PST by Junior_G
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To: philsfan24

The government tries to make things illegal that it is already doing.


11 posted on 01/18/2007 7:18:24 AM PST by Leftism is Mentally Deranged
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To: Leftism is Mentally Deranged

Yup...wouldn't want you to cut into those lottery revenues right?


12 posted on 01/18/2007 7:44:35 AM PST by mmichaels1970
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To: Junior_G
Don't you realize that any gambling activity is competition to the almighty state? Bugsy used to break your leg or arm, the state just puts you in jail/prison for a spell. Stick with the state lottery and keno/scratch offs to keep your freedom.

Also, always keep your head when gambling.


Nam Vet

13 posted on 01/18/2007 7:53:36 AM PST by Nam Vet ( The original point and click interface was a Smith & Wesson.)
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To: philsfan24
any poker players out there know of a new way to deposit funds?

Mail them a Money order maybe? I was using neteller also. I'm actually waiting for a $700 check from them right now. I hope this doesn't slow that down.

14 posted on 01/18/2007 7:53:48 AM PST by lwd
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To: Always Right
send the sites a check

I don't think the banks will clear it per the new law.

15 posted on 01/18/2007 8:00:49 AM PST by lwd
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To: FReepaholic

My buddy recieved an email. He has 1k with them. He is a law abiding father of two whose only vice is that he like to play $2/$4 texas holdem on friday nights. He will probably not get this money. This is disgusting.


16 posted on 02/09/2007 7:22:34 PM PST by tarnak
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To: tarnak
...My buddy recieved an email. He has 1k with them....

Is that in an account actually with Neteller or with a gaming site?

Depending on the site, he can still use existing funds on deposit to play with.

17 posted on 02/10/2007 5:20:20 AM PST by FReepaholic (If daydreaming were an Olympic sport I'd be a gold medalist.)
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