..

NETeller plans to change name to NEOVIA Financial

Written by:
Guest
Published on:
Oct/09/2008

(Reuters) - British online payments processor NETeller Plc on Thursday said it was planning to change its name to NEOVIA Financial Plc, effective Nov. 17.

The company, famed for being the first corporate scalp in a U.S. clampdown on internet gambling in 2006, said the name change, part of a year-long rebranding process, will differentiate it from the group's operating brands of NETELLER, NETBANX and Net+.

NETeller, which processes payments for companies such as Ladbrokes, has been targeting internet vendors in Europe and Asia after the U.S. clampdown landed it with a $136 million fine and choked its largest revenue stream.

NETeller shares, which fell 90 percent when the United States outlawed online gaming, closed at 51.25 pence on Wednesday.

Gambling News

Finding Pay Per Head Service Providers

Finding Pay Per Head Service Providers

Finding a top notch pay per head service provider is the most important step you can make as a bookie. There are hundreds of them out there in cyberland and the choices can be a bit overwhelming if not intimidating. There are a few basic laws of the land that you need to know before choosing a pay per head to manage your business. We don’t want to tell you who to choose, rather what you should look for before you make the choice.

 The Hottest Online Business of 2020

The Hottest Online Business of 2020

The Covid-19 pandemic has hit the world hard and sports betting was no exception, it made sports fans nightmares come true, a world without sports unless you are into Esports… at least for a while. We must admit, we lived uncertain and scary times, because for a moment, we saw our idols, our dynasties, disappear into a world we had never even imagined before. 

NJ June Gambling Revenue Down 65.6% Amid Virus Closure

NJ June Gambling Revenue Down 65.6% Amid Virus Closure

The final month of coronavirus-mandated closures for New Jersey’s casinos and racetracks was predictably bad.

Colorado Sports Betting Revenues Hit $946,741, Even With Few Sports

Colorado Sports Betting Revenues Hit $946,741, Even With Few Sports

May was a banner month for sports betting in Colorado.  It was the first full month of this offering after voters narrowly leaned in favor of the activity last November. 

Man Who Ran Online Sportsbooks Sentenced to 15 Months Prison

Man Who Ran Online Sportsbooks Sentenced to 15 Months Prison

A Kentucky man has been sentenced to one year and three months in prison for operating an illegal gambling operation on the internet. 

Syndicate