Neteller to cease transactions in the U.S. in July 2007.
Given that this is the foremost method of payment for poker players, this is huge. Neteller had announced last week that it was not planning on ceasing business, so this statement is a big turnaround.
Several poker rooms, such as Full Tilt, Ultimate Bet, Poker Stars, Doyle's Room, and Absolute Poker have announced their intention to continue servicing American customers, while others, such as Pokerroom, Party Poker, and Sun Poker have decided to flee with their tails between their legs, like cowards, thanks the thought police represented by Jon Kyl and Bill Frist who have decided to strip away personal freedoms at home while our soldiers defend them abroad.
At least Neteller has done one better than Firepay, which announced an immediate pullout. Neteller is probably thinking that it is possible for changes to be made before the full 270-day period expires, which is why they aren't planning on any changes until then.
So get it in while you can...and if you've got $20 in the till, use it to join the Poker Players' Alliance. Yes, you can deduct it right from your Neteller account, or even PayPal.
Thursday, October 19, 2006
The other shoe has dropped
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