taken from the Poker Player Alliance Forums:
Unfortunately Neteller was handling transactions for internet sportsbooks as evidenced in the complaint. Internet sportsbooks are illegal per the Wire Act as clarified by the ruling in Mastercard R: Federal Appeals Court Circuit 5 from the reading of the findings:
“The district court concluded that the Wire Act concerns gambling on sporting events or contests and that the Plaintiffs had failed to allege that they had engaged in internet sports gambling.”
I feel that it is a shame that the most transparent and trusted payment processor received the DOJ’s focus, and that this type of prohibition is the wrong direction for our country to proceed, for poker players and non-poker players. We should develop legislation that encourages greater transparency not less.
My lobbying team and I have been meeting with congressional offices since the session started and obtaining more information on the best way to proceed and looking for sponsors and co-sponsors of poker friendly legislation. This is not a simple issue and requires the time now to best understand what is the “ask” that will deliver results for poker players.
We believe that we can get legislation introduced this session and hopefully we can get the poker community behind such a legislative approach.