Its over

[eyemin]

Just received this today.

Dear NETELLER Member,



In light of increased uncertainty about the status of certain activities related to online gambling in Canada, and in line with other payment processors, NETELLER has decided to cease the ability for Canadian members to transfer funds to and from online gambling sites.



Important dates



March 26th, 2007: InstaCASH was disabled for Canadian members
April 9th, 2007: All transfers to and from online gambling sites will be disabled for Canadian members

Bummer

[Moon_Child]

can we cash out using neteller then?
and what do we use to deposit?

[Ensano]

if we can cash out using neteller I'm not going to be too worried...

[exit music]

This has been on the horizon ever since they cut services to US players.
Don't be shocked when Canada follows suite and bans online gambling altogether, if the US doesn't figure something out quick-snap, canada will be in the exact same boat anytime now.

[Ensano]

to think optimistic if canada does ban online gambling then the homegame boom will be back.... and man are homegames sweet money...

[Moon_Child]

i don't think canada will ban online gambling just yet, we have other issues more important... and canada doesn't have much of a problems with poker...
well atlast i don't think so..

who knows... what do i use to deposit now?

[exit music]

I acutally heard that just ontario was considering banning online gambling. I am not certain on the source, but if it happened I would probably just move out west... or out east. Nova Scotia or BC, I get a kick out of easterner's accents, but BC is f*cking chill...
oh well I probably have a year to make up my mind.

[snow_devill]

I acutally heard that just ontario was considering banning online gambling. I am not certain on the source, but if it happened I would probably just move out west... or out east. Nova Scotia or BC, I get a kick out of easterner's accents, but BC is f*cking chill...
oh well I probably have a year to make up my mind.

Crap... And I just moved from B.C. to Ontario. Oh well wait and see I guess.

[lwestatbus]

To all of our Canadian friends. I would be very, very cautious about cashing out through NeTeller. They STILL have all of the US funds held hostage. I'm sure they're earning interest on them but I don't have mine and don't know if I ever will.

Good luck.

[xDiamond_CutteRx]

To all of our Canadian friends. I would be very, very cautious about cashing out through NeTeller. They STILL have all of the US funds held hostage. I'm sure they're earning interest on them but I don't have mine and don't know if I ever will.

Good luck.

Within 75 days (less now), they say they will have a plan for distributing our cash. I'd say we will have it all back in 90-120 days.

[UrAteUp]

Like West said...in the mean time they are getting a ton of interest off of your money.

[lwestatbus]

The article about the settlement between the US Justice Dept quoted $55 million US dollars in US resident accounts being retained by NeTeller. With conservative estimates of 4% interest (higher rates are widely available for short term CDs in the US), a six month retention period, and completely ignoring any compounding effects the proceeds to NeTeller are about $1.1 million US dollars, roughly $6,000/day. Of course their legal bills are probably higher than that and they'd just as soon be back to business as usual. But it is a helluva lot of tournament buy ins.

[Michael Orwell]

I have been using Netseller for quite a while now.
What other alternatives are there?

I feel so lost without my Netseller account

[Always_Bored]

I have been using Netseller for quite a while now.
What other alternatives are there?

I feel so lost without my Netseller account

my thoughts exactly! What am I gonna do now? I signed up for Click2Pay and we will see how they work out.