SBR Top-Rated Sportsbooks Recommended Books
1. Pinnacle Sports SBR Rating A+ Pinnacle Sports Review
2. The Greek Sports Book SBR Rating A+ The Greek Review
3. BookMaker SBR Rating A+ BookMaker Review
4. BetJamaica SBR Rating A+ BetJamaica Review
5. Legends Sports SBR Rating A+ Legends Review
 
SBR Posters' Poll - September 2009 View Complete Results
1. 5Dimes 253 total points 5Dimes Review
2. Matchbook 252 total points Matchbook Review
3. BetJamaica 194 total points BetJamaica Review
4. Pinnacle Sports 193 total points Pinnacle Sports Review
5. BookMaker 190 total points BookMaker Review
 
 
View New Posts
 
LinkBack Thread Tools
Old 02-20-07, 03:22 PM   #1
maxpower79
 
maxpower79's Avatar
Default Another processor leaves the US market

http://www.e-gold.com/news.html

E-gold is blocking US accounts from being used at gabling sites. Although it doesn't seem like very many people, if any, were using them, it is still unfortunate. I looked into it to fund my 5Dimes account, and it seemed like it would be very slow, have high fees, and only be good at one book.

I have to say I'm surprised - they seemed to have a maverick attitude, but I guess they decided it just wasn't worth it.
Quick reply to this message
Old 02-20-07, 05:23 PM   #2
bigboydan
 
bigboydan's Avatar
Joined: 08-10-05
Posts: 50,750
 
Message Me
Challenge Me
Default

This definitely sucks.

I hate to see us lose yet another processor to use, especially when the conference tourneys start in roughly in a week.
Quick reply to this message
Old 02-20-07, 05:30 PM   #3
Bill Dozer
Bill@SportsbookReview.com
 
Bill Dozer's Avatar
Joined: 07-12-05
Posts: 6,619
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by maxpower79 View Post
http://www.e-gold.com/news.html

E-gold is blocking US accounts from being used at gabling sites. Although it doesn't seem like very many people, if any, were using them, it is still unfortunate. I looked into it to fund my 5Dimes account, and it seemed like it would be very slow, have high fees, and only be good at one book.

I have to say I'm surprised - they seemed to have a maverick attitude, but I guess they decided it just wasn't worth it.
I read that as a It's-not-our-problem statement. It basically says that a gambling site can deny US users if it desires. Otherwise egold could flip the switch on their end.

e-gold Empowers Online Gambling Sites
to Refuse Payments from US Persons


On October 12, 2006, the Safe Ports Act was signed into law in the United States. As a result of the Safe Ports Act and the Unlawful Internet Gambling Enforcement Act of 2006 contained in the Safe Ports Act, the facilitation of many forms of Internet gambling by persons located in the United States has become a proscribed activity. With the objective of preventing the use of e-gold by United States persons for unlawful online gambling, e-gold has deployed a feature whereby any e-gold account holder may configure their e-gold account(s) to block incoming e-gold Spends from accounts controlled by Users residing inside the United States or who are accessing the Internet from within the United States. Online gambling businesses using e-gold are now required to enable this new account attribute.

Last edited by Bill Dozer; 02-20-07 at 05:38 PM..
Quick reply to this message
Old 02-20-07, 05:54 PM   #4
Santo
 
Santo's Avatar
Joined: 09-08-05
Posts: 1,843
 
Message Me
Challenge Me
Default

I thought that also, but:

"Online gambling businesses using e-gold are now required to enable this new account attribute."
Quick reply to this message
Old 02-20-07, 07:17 PM   #5
jjgold
 
jjgold's Avatar
Joined: 07-20-05
Posts: 49,729
SBR Points: 1404
 
Message Me
Challenge Me
Default

Its over except WU or Money Gram
Quick reply to this message
Old 02-20-07, 08:22 PM   #6
JoshW
 
JoshW's Avatar
Joined: 08-10-05
Posts: 3,184
 
Message Me
Challenge Me
Default

Might be similar to wu where they will have to use a private name to fund, but I guess is then fraud and not worth the trouble.
Quick reply to this message
Old 02-20-07, 08:29 PM   #7
Sam Odom
 
Sam Odom's Avatar
Joined: 10-30-05
Posts: 4,428
 
Message Me
Challenge Me
Default

e-gold was sorta shady and complicated. They wont be missed.
Quick reply to this message
Old 02-21-07, 12:52 AM   #8
pags11
 
pags11's Avatar
Joined: 08-18-05
Posts: 12,288
 
Message Me
Challenge Me
Default

Quick reply to this message
 


SBR Featured Videos

Thread Tools
Display Modes



All times are GMT -5. The time now is 07:32 AM.


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33