Instadebit, Central Coin Ban U.S. Gambling Transactions

The fallout continues from the arrests of the Neteller founders.

First, Neteller made the decision to stop allowing U.S. customers to use its service for online gambling. Then Citadel Commerce did the same. Now, two more online payment processors, Instadebit and Central Coin have followed suit.

Just like when the Unlawful Internet Gambling Enforcement Act passed and online poker rooms closed their doors to Americans, panic is now ensuing for the third party payment processors. We’ll just have to wait and see how it all pans out.

Originally published 10:15 PM Thursday, January 18, 2007