Neteller Preformance 2008?
22 January 2008
Neteller will announce in March the results of its fourth quarter performance.
Neteller, based in The Isle Of Man has been involved with the US Department Of Justice regarding alleged violations under the Unlawful Internet Gambling Enforcement Act (UIGEA) and made a final payment last week of $38.25 million as a deferred prosecution agreement.
Neteller stated that $57.7 million of its funds were seized by US authorities last year as instead of the $60 million previously announced with the total amount paid in connection with the matter amounting to $136 million.
Ron Martin, the Chief Executive Officer and President for Neteller. stated:
“Considering the significant challenges that our company has faced during the past year, I am pleased with the performance of the business in 2007 and I am excited about the prospects for 2008.
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21 August 2007Short Extension Granted to USA in Online Gambling Case
According to our reliable sources, they tell us: In the US District Court of New Jersey, Trenton Division, papers were filed today to grant a motion on behalf of the US Department of Justice and the co-defendants, giving them a short period longer to respond to charges brought against them by the Interactive Media Entertainment and Gaming Association (iMEGA).Read full article
31 August 2007NEW Date Set for iMEGA versus Gonzales (UIGEA)
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17 July 2006INTERNET GAMBLING BAN A BAD BET
Cincinnati.Com The Enquirer Editorials The U.S. House feels Americans need to be saved from a $12 billion-a-year growth industry – Internet gambling. By a lopsided 317-93 vote, members passed the Unlawful Internet Gambling Enforcement Act on Tuesday, but exempted state-run lotteries and online horse-race betting. Were the Senate to go along with it, the bill would make online sports betting, poker and other popular Internet casino games illegal.Read full article