Neteller has announced its complete withdrawal from the US gambling transaction market with immediate effect. Fellow payments processor Citadel has also announced its official exit from the US.
The Neteller news came in a trading statement to the London Stock Exchange this morning.
It comes two days after founders and former directors Stephen Lawrence and John Lefebvre [...]

A big-time online gambling cheat was nabbed and sentenced to nine months in prison at Southwark Crown Court in London. Yau Yiv Lam, 45, and his accomplices Fan Leung Tsang and Bit Chai Wong conned casinos out of thousands of pounds in a scam that authorities say is the first of its kind to be [...]