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January 18, 2007

First the Gambling Ban, then Pinnacle Sports, Now: NETeller

The Gambling Ban’s far reaching effects are continuing to shred the online gambling industry. Now NETeller has announced they have shut down their US operations this morning after the arrest of two of their founders by US authorities. (Tip o’ the hat to GridIronPicks.com)

Local bookies: Welcome back to relevance. I’m not quite sure how an illegal street-level operation managed to get the congressional lobbying power to institute the Internet Gambling Ban, but this Buds for you :)

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