It has been reported that the US Government has delayed the NETeller hearing. Co-founders Stephen Lawrence and John LeFebvre, were arrested on a charge of conspiracy to transfer funds with the intent to promote illegal gambling.
Rumours that the case could be dropped boosted online gaming stocks recently, and this delay may be a response to recent activity from lobbyists.
http://www.igamingbusiness.com/article-detail.php?articleID=13119
Friday, March 16, 2007
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