Why would Neteller, myCitadel, Firepay and other Ewallets Close to US gamblers?
The text book answer is that they are a publicly traded company. But there is much more to it than that. Let’s take Ewallet X (fictitious name) for example. If the US government felt Ewallet X was used for illegal gambling transactions then the US government could simply stop all banks from making transactions with Ewallet X whether it be for gambling or not. Some ewallets aren’t just in the gambling business and can’t afford to lose all their US customers. Epassporte served US customers for almost a year and a half after the ban before the US DOJ scared them into voluntarily leaving the market as you can see here. Also, some ewallets went into contracts with certain gambling portals which allow sports bets to be placed among US citizens. This is against US federal law and is one reason the Neteller co-founders were detained.
Related Questions
- Why would Neteller, myCitadel, Firepay and other 3rd party transaction sites even think about closing to US gamblers?
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- Why would Neteller, myCitadel, Firepay and other Ewallets Close to US gamblers?
