🤑 CORRECTED - STOCKS NEWS EUROPE-NETeller up on solid Q3 trading | ロイター

Virgin Islands and Lefebvre in Malibu, California. L pulled out immediately, but privately-owned rivals like Pokerstars, Full Tilt Poker and Bodog carried on taking wagers illegally, often using NETeller to process their payments. gamblers to bank accounts outside the United States. NEW FOCUS Online gaming companies have been doing business for many years in the United States, where the law was discouraging but ambiguous until a ban in November. L closed its U. It had its shares suspended on Tuesday after the two founders were arrested on Monday -- Lawrence in the U. L and Sportingbet SBT. NETeller is the latest victim in a U. Lefebvre resigned as a non-executive director in December Lawrence holds a 5.{/INSERTKEYS}{/PARAGRAPH} NETeller said that after the United States effectively banned online gaming in November, it had experienced slowing fourth quarter growth. Money transfer companies like NETeller, based in the Isle of Man and traded publicly in Britain, allow gambling companies to transfer money collected from U. Both face a maximum sentence of 20 years in prison. They were usually listed in London and located in offshore jurisdictions like Antigua and Costa Rica. crackdown on online gaming, which began with the arrest of BETonSPORTS BSS. Online gaming giants such as PartyGaming PRTY. NETeller has always said it was waiting to see the detail of the regulations before making a decision. Internet gambling services on Thursday, wiping out over 65 percent of its business, after two of the group's founders were arrested there this week. Lawrence resigned as a non-executive director in October after stepping down as non-executive chairman in May. L chief executive David Carruthers in Texas last July. {PARAGRAPH}{INSERTKEYS}Pete Harrison 4 分で読む LONDON Reuters - British money transfer firm NETeller Plc NLR.