
18th-January-2007, 12:29 PM
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Managing Editor, Casino City
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Join Date: Oct 2006
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Thanked 41 Times in 23 Posts
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NETeller/eWallet News and Announcements
All: We've already received announcements and responses from a variety of places regarding NETeller's decision to pull out of the U.S. market for gambling transactions. We're also in the process of tracking down what this means. As we receive information and announcements, we'll post them to this thread. And as always, please feel free to post away. Your comments and insights will help us gather even more information.
Last edited by vinism; 18th-January-2007 at 12:35 PM.
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18th-January-2007, 12:34 PM
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Managing Editor, Casino City
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Join Date: Oct 2006
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This note, sent to Absolute Poker affiliates, promotes the InstaDebit option for players as "Just like NETeller!!"
Quote:
NETeller quits
<country-region w:st="on">US</country-region></place> market. Absolute Poker Will be bigger than ever! </p>
NETeller has ceased allowing US Customers to use its services as of 8am EST 17<sup>th</sup> Jan 2007.
Absolute Poker has been expecting this to happen for several months.
We are happy to announce Absolute Poker has many alternative easy, safe and secure deposit and cashout methods so are confident our business and your business will be unaffected and will grow significantly over the coming months.
SO WHAT DOES THIS MEAN TO YOU?
WE CAN PAY YOU AS NORMAL!
If you reside outside of the
<country-region w:st="on">United States of America</country-region></place>, have a non US NETeller account we will be able to pay you as normal. </p> However - If you reside in The US you need to change your registration details so we can pay you either via your Player Account, Wire Transfer or Cheque. If you need any help getting any of these facilities opened please don’t hesitate to contact The Absolute Poker Affiliate Team.
IMPORTANT MESSAGE TO YOUR PLAYERS
Absolute Poker has been preparing for this scenario for several months and this means that we have a relatively small number of players that use NETeller versus our competition – we are 100% confident that the majority of these players will make an easy transition to one of the many safe, secure and similar banking methods we have already available.
On top of this Absolute Poker is running a number of special promotions to help you get any current NETeller player to use one of the may other deposit or cashout methods available only at Absolute Poker. (Please refer to the site for the latest promos, reload bonuses and special guaranteed tournaments set up to encourage players to use any of the following processing methods:
· Visa & Master Card – The Best!!
· InstaDebit – Just like NETeller!!
· ePassporte – Like NETeller!!
· ATMonline - Easy to use!
· Click2pay – Safe and Easy!
· Central Coin – Easy!
· <country-region w:st="on">
UK </place></country-region>Debit Cards – Reliable! </p> · Moneybookers – Great!
So get AP to the top of your list and let’s make some MONEY!!
Go Get’em!!
The Absolute Poker Affiliate Team
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18th-January-2007, 01:01 PM
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Home Game Hot Shot
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Join Date: Jul 2006
Location: Norwood, MA
Posts: 76
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NETeller impact story
As posted on Casino City Times ...
NETeller exits U.S. Internet gambling market
Last night, just two days after its founders were arrested and charged with money laundering, the popular e-wallet NETeller stopped allowing American players to use its services to transfer money to and from Internet gambling sites.
NETeller founders Stephen Lawrence and John LeFebvre were charged with money laundering earlier this week. NETeller, a publicly traded company listed on the London stock exchange, processed more than $7 billion in financial transactions annually, according to the company's interim report for 2006.
Seventy-five percent of the Isle of Man based company's revenue came from the United States.
Citadel Commerce, an e-wallet operated by ESI Entertainment Systems Inc., joined NETeller on the U.S. sidelines Wednesday, announcing that it would no longer allow U.S. transactions to Internet gambling sites.
"This decision was made by the ESI Board of Directors in the light of recent US Department of Justice enforcement actions against financial processors executives," a press release from the Vancouver based company reads.
When the Unlawful Internet Gambling Enforcement Act passed in October 2006, a wave of Internet gambling giants such as PartyGaming and Sportingbet voluntarily left the U.S. market. FirePay, a publicly traded third party payment processor similar to NETeller, decided to stop allowing Americans to make transactions with Internet gambling sites in the aftermath of the UIGEA, while NETeller adopted a wait-and-see attitude.
"The (UIGEA) doesn't seem to have really impacted how much people gamble," said David G. Schwartz, the Director of UNLV's Center for Gaming Research. "It has hurt the companies that were publicly traded or the companies that have more exposure legally, but I don't know that it has really changed behaviors that much."
Sites such as Poker Stars and Full Tilt Poker actually benefited from the UIGEA, seeing their player bases surge when PartyPoker left the market. But while many Internet gamblers were willing to switch to new platforms, it remains to be seen if they will be just as willing to switch to new third party payment providers. Most sites still operating in the U.S. are trying to limit any damage that might be caused by NETeller's exit.
"NETeller's decision has no impact on our business here at Full Tilt Poker, and we remain committed to our U.S. players," the Full Tilt Web site read on Thursday morning. The site also highlighted other money management options still available to U.S. players.
__________________
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Aaron Todd
Former Gaming Industry Reporter for Casino City
Now shilling for the Brown Univ. Sports Foundation
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18th-January-2007, 01:09 PM
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Managing Editor, Casino City
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Join Date: Oct 2006
Posts: 493
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Jackpot Factory Group press release:
Quote:
Jackpot Factory Group: Business as Usual
January 18, 2007 – Kahnawake, Canada – Today, the Jackpot Factory Group was informed that NETeller and Citadel have all pulled out from the US market. While we regret their decision, the Jackpot Factory Group and its casinos are continuing with business as usual in the 39 US states.
Since 1999, the Jackpot Factory Group has been providing fun and excitement for online gamblers around the world and we are committed to our reputation. US gamblers are still welcome at the Jackpot Factory and all of our casinos – All Slots Casino, All Jackpots Casino, First Web Casino, Wild Jack Casino, and The VIP Lounge Casino – offer a variety of payment methods, including Click2Pay, Instadebit, and a range of credit cards.
As we have mentioned before, the Jackpot Factory Group, along with BrightShare, our exclusive affiliate program, will continue to closely monitor this situation. More importantly, though, US players will still be able to find safe and secure online gambling at any one of our casinos and affiliates will continue to receive the professional service that they have come to know.
Media Contact
David Brickman
Spokesperson
press@jackpotfactory.com
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18th-January-2007, 01:41 PM
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Reporter, Casino City
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Join Date: Jul 2006
Location: Dorchester, MA USA
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Listing of U.S. financial options for major poker sites
Here is a listing of financial processors still available to U.S. players for the major poker rooms. More details coming...
Poker Stars
ePassporte
central coin
Diners Club International Credit Card
Cashier's Check from player's bank (must email them for details)
Full Tilt Poker
ePassporte
Click2Pay
Bodog
Click2Pay
NUcharge
eWalleteXpress
moneybookers
traditional bank wire
western union
Ultimate Bet
ePassporte
Click2Pay
Instadebit
moneybookers
western union
Doyles Room
ePassporte
instaca$h
electronic check
Last edited by McLane39; 18th-January-2007 at 02:02 PM.
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18th-January-2007, 01:45 PM
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Reporter, Casino City
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Join Date: Jul 2006
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Message to players from Full Tilt Poker
This is a message being sent via email to all full tilt players. Here is the link highlighted in the text below http://www.fulltiltpoker.com/neteller-withdrawal.php
Quote:
As you may be aware, NETeller has announced that it will no longer accept transfer requests from U.S. customers to online poker sites or allow withdrawals from online poker sites to your NETeller account, effective immediately.
As a player who used NETeller or Instacash, we want you to know that any money you currently have on deposit with Full Tilt Poker remains completely safe and secure, and is available for play or withdrawal. If you are interested in withdrawing your money from Full Tilt Poker, please click here to find out how.
Rest assured, we remain committed to providing you with access to all of our games and tournaments, and these developments will not change your day-to-day playing experience at our site. Furthermore, any monies that you deposit with us - through any of our approved payment processors - will remain completely safe, secure and accessible at any time.
Sincerely, Full Tilt Poker
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18th-January-2007, 01:48 PM
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Reporter, Casino City
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Join Date: Jul 2006
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Message to players from Ultimate Bet
Here is the message being sent to all Ultimate Bet Players.
Quote:
We hope you have been enjoying your gaming experience at UltimateBet!
Due to some recent changes in the online poker industry, NETeller has decided to no longer offer instaCash to its customers within the United States. We noticed you have used NETeller instaCash in the past to fund your UltimateBet account, and we have a number of safe and secure methods available to you.
We are pleased to recommend INSTADEBIT as an alternative payment method. It’s as easy as writing a check or using your debit card. INSTADEBIT is a safe, secure and easy way to transfer money from your bank account to your UltimateBet account. This easy-to-use payment system works the same way as NETELLER instaCASH. Simply create an account with INSTADEBIT, register your banking details on their secure system, logon to UltimateBet and move funds from your account to your UltimateBet account. It's that easy. All your banking information is 100% secure and completely protected with 128-bit encryption. To create an INSTADEBIT account, click here.
Looking for other ways to fund your account? We also offer many other easy-to-use payment methods such as: ePassporte, ATMonline, Central Coin and Click2Pay. Get all the details in the Cashier section of our software!
See you at the tables,
The UltimateBet Team
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18th-January-2007, 02:07 PM
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Reporter, Casino City
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Join Date: Jul 2006
Location: Dorchester, MA USA
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Insta eChecks no longer accepted at Full Tilt Poker
According to Casino City reporter Aaron Todd, Insta eChecks are no longer a viable option for U.S. players at Full Tilt Poker.
An update will be posted at the www.nexumfinancial.com Web site soon.
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18th-January-2007, 04:31 PM
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Home Game Hot Shot
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Join Date: Jul 2006
Location: Norwood, MA
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Central Coin not in operation
An announcement on the Central Coin home page ...
We are sorry to inform you that the CentralCoin service is currently not operational. We will post further information on this website in due course (including information relating to withdrawing or using your funds). We apologize for any inconvenience this may cause. Whilst we are unable to provide the CentralCoin service, please contact your merchant for other deposit options.
__________________
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Aaron Todd
Former Gaming Industry Reporter for Casino City
Now shilling for the Brown Univ. Sports Foundation
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18th-January-2007, 05:18 PM
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Private Member
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Join Date: Sep 2002
Location: Vero Beach, FL, USA
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I checked out PaySpark and EcoCard today and they still seem to be functioning for the US.
ntaus
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