From the Statue:
"The term 'business of betting or wagering' does not include the activities of a financial transation provider, or any interactive computer service or telecommunications service."
Sounds to me like they couldn't go after Neteller under this statute if Neteller were based on Capitol Hill itself. Since Neteller, by the definition in the statute, is not engaged in the business of betting or wagering, then a transaction from Neteller to a U.S. bank would not be covered by this statute.
__________________
GO GREEN!!! GO WHITE!!!
Last edited by Reel Deal; 09-30-06 at 12:34 AM.
|