Thursday, October 05, 2006

Daniel Negreanu has weighed in on the online gaming ban.

In a nutshell: by his understanding, since Neteller is neither a US bank nor an online gaming site, players transferring money to Neteller are not breaking the law, and what Neteller does with your money after you transfer it there is untracable. His assumption is that because Neteller is not a US bank, the US will have no jurisdiction over what it does with the money it holds.

He also expects all privately held online poker sites to continue running, "business as usual," as he puts it.

Negreanu is very clear to say that this is all just his understanding of things, and that it's really all still up in the air until things are signed into law.


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