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No More Neteller for Canada

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Launch Poker is announcing that Canadians will no longer be able to use Neteller to tranfer money to and from online poker rooms.

From Launch Poker:

Online money mover Neteller recently announced that, like US poker players, Canadian players would no longer be able to use their services to move money to and from online poker rooms. Neteller’s InstaCASH service has already been blocked, and the final move to block Canadian customers from moving money to an online gambling site will take place by April 8 th. The company has dropped Canada from its list of clients in order to improve their bottom line for 2007, according to recent reports. The Neteller Board of Directors also decided to take similar step towards customers in Turkey.

I’m wondering why Neteller chose to drop its Canadian customers. As far as I know, there is no anti-poker legislation in Canada.

I’m not knowledgeable in business, so I’m wondering how cutting clients would improve their bottom line? My guess is that it has something do with customer service based in Northern America. Without business from the US, their Canadian customers are not enough to make a profit and they are probably losing money customer service and other services.

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