BUSINESS

As Norway’s UIGEA takes effect, Neteller takes advantage

TAGs: neteller

Lost in the hubbub surrounding the dreaded full implementation of the UIGEA regs in America is the fact that June 1 also saw Norway clamping down on online gambling operators. But Norwegian law enforcement officials must be considered less fearsome than the U.S. Dept. of Justice (must be why they consistently rank at the top of the Global Peace Index of kinder, gentler nations) because Neteller, whose owners were more or less blackmailed into exiting the U.S. market, are making a concerted effort to help Norwegian punters skirt their government’s attempts at gambling prohibition. Read more.

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