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Old 11-07-2006, 12:08 PM   #30 (permalink)
TheColonel
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Join Date: Nov 2006
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Quote:
Originally Posted by Henry View Post
Off-topic: I wonder what happened to Party Poker's business model now that the U.S. ordered credit card companies to stop charging to online gambling sites....
There are escrow-type companies who have already figured out how to take money from someone's credit card and put it in an international bank. Everything's tracked by code in the V/MC world, and bottom line is, they'll simply code the transactions to something ambiguous and untraceable.

The whole law did nothing but force these companies to get more creative. Oh yeah, and it also is forcing out the honest companies, and making the crooks a little sneakier.

Good job, US.

Just one more example of how more government equals fewer choices.
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