Can You Hear Me Now? US Gaming Probe Rocks Top Banks

I’m not totally sure what to make of this other than it’s not good news. The Times Online (a respected paper in the UK) is reporting that many of the top banks have been issued subpoenas to turn over records relating to online gaming companies. According to the article, these subpoenas were drafted almost immediately …

Read more

A Week of Payment Processor Chaos

Geeze, I’m not even sure where to start. Amy and I have chatted via email about the sky is/is-not falling posts. I don’t know if we actually came to any real agreement but I think we both appreciate the other’s views better now. I was drunk in a pub emailing from a Blackberry so Amy …

Read more

Neteller Fallout Or Strange Timing

Mansion has announced that they’re going to continue their money-losing $100K a Day promotion through Feb. They’ve also announced that the time has been changed from 0300 GMT to 1800 GMT. For those of you who don’t do a lot of timezone calculations, they’ve basically given up trying to use this as a tool to …

Read more

Sorry Amy, The Sky Is Falling

Amy writes a piece in Poker News which is exactly what I spoke of yesterday regarding those who tell you anything other than what I’m saying are seriously mistaken about how the money transfer business works. Since she’s a friend, I hope she’ll allow me the latitude to correct her writing in public 🙂 But …

Read more

Let’s Talk Numbers

Some people have been asking what the total impact is of the Neteller pullout. Before we get into that, let’s make the very, very, very big assumption other payment processors won’t be exiting the US market anytime soon. I say that because this is actually the best case scenario. Chances are more processors will be …

Read more