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Bleak Outlook for NETeller

Initial reports regarding the frozen NETeller accounts left online casino players only mildly concerned. Now, however, this internet gambling e-wallet could have more serious problems than they allowed the public to believe. NETeller is based out of Isle of Man and recently made national news because of problems with the global processing network Cirrus Maestro. Online casinos players were left in the lurch because of the unspecified issues last month, but NETeller issued a statement announcing the company was hoping to have new system up and running by the end of May.

But the Web site Gambling911.com announced insider reports about NETellers online casino e-wallet that they may be having much more serious internal problems. Basically, this gambling portal is making claims that the site’s well-informed insider is reporting massive downsizing within the company. Recent cutbacks in departmental managers are being cited as evidence of the internal downsizing.

An additional shock for online casino gamblers—more reports from Gambling911 claim that the U.S. Department of Justice has lawyers investigating NETeller records. Allegedly the President of NETeller received an unaccounted for bonus check.

With all of these allegations on Gambling911, many online casinos players are definitely concerned about when NETeller plans to unfreeze players accounts (and thud their funds) and launch the much hyped new system that does not rely on Cirrus Maestro.