The last time Neteller was permitted in the U.S. Jamie Gold was the world champion and Main Event was attracting over 8,000 players.
Suffice to say a fair bit has changed in the last seven years but the former leading payment processor is contemplating a return to the United States.
In a story with the Financial Times, Optimal Payments, which owns Neteller, announced its intentions to move back into the U.S. market when sites are up and running in the country.
Joe Leonoff, president and CEO of Optimal, believe up to 10 U.S. states will regulate online gaming in the future.
Optimal already has a deal in place with Caesars Entertainment, which owns the WSOP brand, to provide payment-processing services. The company is already in talks with other land-based gaming operators.
It’s easy to forget but before 2007, Neteller was THE payment processor of choice and it processed payments for 80% of the world’s online gambling operators.
Hopefully Neteller returning to the U.S. will help usher in a return to the days when PartyPoker was like an ATM and everyone wanted a piece of the poker pie.