"It has put a terrible scare into people," said I. Nelson Rose, who teaches gambling law at Whittier Law School. "But it won't by any means wipe out Internet gambling." Going on later to say that: "The regulations are clearly going to prevent banks from doing electronic fund transfers to gambling sites, but that is no big deal."
This is exactly what I've been saying for years.
As this article notes, we will see a move to ewallets and other non-U.S. based payment processors. It'll be very interesting to see what Neteller decides to do. In the meantime, who wants to get in on a pool of when we see big gaming in Nevada step into this newly created online gambling void? I'm thinking 18-36 months, you?
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