Neteller is to release funds soon to members

June 25th, 2007

Rumors have it that the money held by Neteller the leading online funding method for gambling establishments is suppose to release funds held sometime within the next month. Now at this time no date has been confirmed on when the funds will be released but expected shortly. This is very good news for those that have had funds held up for many months now. Neteller did close down services to the USA and Canada this year and only held fund by US members. We will keep you updated as soon as we get more information.

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Neteller & Online Casinos

May 5th, 2007

In lastest changes with NETeller corp, the two major countries which used NETeller to purchase casino credits are no longer allowed. This has had a major effect on NETeller stocks as it made up most of there online business. US residents are not allowed to use NETeller at all, while Canada residents can still use NETeller just not on gambling purchases. Now the question is, how long will they be able to stay in business with loosing most of the total revenues. Unless other countries start using their services soon, I expect they will most likely fold before the year is out.

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