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Online Casino Project >>> Betting News >>> August 2007

Casino News Article of the Month: Neteller Begins Paying out Online Gambling Funds to U.S. Residents as Promised

Neteller has begun making good on their word to start paying out the online gambling funds of their U.S. account holders. Reports show the eWallet began paying out the approximately $94 million owed to U.S. citizens who had racked up winnings playing at online casinos, poker rooms and sports betting sites before the U.S. Department of Justice seized Neteller's assets and put its two former directors in jail. Now that Neteller has come to an agreement with the U.S. Attorneys Office, which amounted to a $136 million plea bargain, the financial blocks have been lifted and Neteller can begin the lengthy process of getting all players paid out who are still owed money. U.S. Neteller accounts awaiting to be paid out apparently range from the double digits to hundreds of thousands of dollars. One player is reportedly awaiting a payout of $800,000 which was accumulated from online poker tournaments. While they are busy making things right, Neteller has also been busy trumping up their new prepaid card to former card holders. The new GlobeWallet Prepaid Card is being offered through a partnership with Conister Trust PLC and First Pay, and is supposedly one of the best new prepaid cards on the market. Being accepted at over 25 million merchants in 210 countries and at over one million ATM's, Neteller's new card certainly has the reach their former card did. It apparently also has lower fees than other prepaid cards. Furthermore, Neteller has said they will not charge activation fees to existing card holders who would like to upgrade to the GlobeWallet card by August 8, 2007. Here's to you Neteller. Let us all hope you can get back on your feet again and that U.S. online gamblers will put their money to good use.

Read Our August, 2007 News Articles Below:

-Las Vegas Boulevard's Travel Inn Could Become a Boutique Hotel
-Belle Rock Entertainment Online Casinos Offering New Video Slots
-Mohegan Sun Casino Seeks to Build Resort in Massachusetts
-Union Casino Workers Vote on New Contracts and Possible Strike
-Lifestyles Immigration Lottery to Offer Different Jackpot in Mexico
-Bodog Online Casino Continues Battling Domain Name Dispute
-Antigua and Barbuda Expected to File More Claims Against the U.S.
-Online Gambling Portal Adds Features to Help Players Succeed
-Executive Order Puts a Damper on Ohio Casino Style Slot Machines
-Titan Online Poker Room Hosts $2.5 Million European Championship
-Foxwood's Casino to Give Away $300,000 Over Labor Day Weekend
-Online Gaming Affiliate Program, BrightShare, Appoints New Team
-Cryptologic Online Casino Games Go Live on World Poker Tour Site
-Plans to Build Two Additional Casinos in Nepal, India are Underway
-Riviera Casino Signs Tentative Agreement With Local Worker Unions
-Online Casino Affiliate Convention Just Around the Corner in Montreal
-Washington State Based Online Betting Site Taken Out by Louisiana
-Gibraltar Appoints Former UK Director to Online Gambling Division
-Casinos and Investors Rejoice as China Eases up on Macau Visas
-Casino Systems Supplier, Progressive Gaming, Secures Share Deal
-Online Gaming Software Developer, Boss Media, Signs Paddy Power
-Stations Casinos Goes Private Pending Federal and State Approval
-U.S. Online Gambling Legislation Attacked by NFL and Christians
-Prospects of Casino Table Games in W. Virginia is Anyone's Guess
-Playtech Seeks to Dominate the European Online Gambling Market
-All but Two Casinos on Track With Pennsylvania Gambling Board
-Online Casino Operators to Face Tough Regulation in South Africa
-Downtown Las Vegas Plaza Casino Claims Trademark Infringement
-Ladbrokes Posts Mixed Financial Results for Online Betting Division
-Progressive Gaming Rebounds as Casino Gaming Systems Supplier
-Online Casino and Jurisdiction Whitelist Released by UK Officials
-Governor Crist in Talks to Bring Class III Casino Gambling to Florida
-UK Gambling Commission Publishes Latest Online Gaming Survey
-Hong Kong Horseracing Pools Closing in on Las Vegas Casinos
-9pm Watershed Included in Voluntary UK Casino Advertising Code
-World Poker Tour Only Steps Away From Bringing Poker to China
-ISGA Trade Association to Support Online Skill Gaming Regulation
-Christchurch Casinos Given Ultimatum by New Zealand Government
-New CEO Named to Oversee Trumps Atlantic City Casino Resort
-Players Only Hosts Satellites for World Poker Tour in Caicos
-America Online UK to Offer Online Sports Betting Later This Month
-eCOGRA Expands Reach to More Online Casino Software Providers
-Washington Lawyer and Online Poker Player Gets his Court Date
-Online Gambling Survey Underway at the Helm of Oxford University
-Phantom Fiber Brings Online Mobile Gaming Features to the UK

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