Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Recent Articles
Best of Aaron Todd

Gaming Guru

author's picture
 

BREAKING NEWS: NETeller no longer allows U.S. transactions to I-gaming sites

17 January 2007

By Aaron Todd

Two days after its founders were arrested and charged with money laundering, NETeller announced that it will no longer allow American customers to transfer money to and from Internet gambling companies.

"Due to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites," the popular e-wallet's Web site read on Wednesday night.

"All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds."

NETeller founders Stephen Lawrence and John Lefebvre were arrested on Monday. Lefebvre was released on $5 million personal-recognizance bail on Wednesday morning. NETeller suspended its "Instacash" option to U.S. players yesterday.

NETeller has set up a Web page with answers to frequently asked questions for its customers.
Aaron Todd

During his time away from his Casino City reporter's desk, home-game hot shot Aaron Todd plays in a weekly poker game with his friends in the Boston area. While he is happy to play Texas Hold'em, he'd rather mix it up and include lesser-known games such as Omaha Hi/Lo, Razz, and (his personal favorite) Deuce-to-Seven Triple Draw, in the rotation of games.

After graduating from St. Lawrence University in 2000, Aaron worked in media relations for college athletic departments. When he grew tired of long nights and weekends watching college sports in leaky press boxes, he decided to spend long nights and weekends watching professional card players in stuffy poker rooms.

A native of a small town in New York just south of Ottawa, Aaron lives in Norwood, MA, with his wife Wendy. Write to Aaron at aarontodd@casinocity.com.

Aaron Todd Websites:

www.sixtycentmainevent.com