Fireone Group To Suspend US Operations

Fireone Group, which processes online credit card payments for the gaming industry, is to cease US transactions.

The firm announced that as part of wider restructuring they would be cutting costs.
The decision by US lawmakers’ to illegalise banks and credit card firms from processing gaming payments has left the online industry in complete turmoil.
Many gaming firms receive the majority of their income from the US, and the news has led to their stock market values plummeting; some firms are now being downgraded on the London Stock Exchange.

Presidential approval is required for the new bill before it becomes law but this is expected in the near future.

Fireone Group said it would stop processing gaming-related transactions originating from the US once the bill becomes law, also stating this would have a negative effect on its business.
This news also deals a huge blow to the gaming firms and their American customers.

Leave a Reply

You must be logged in to post a comment.

This Domain is for sale. Please contact us for more information.

Top Poker Sites

bet365 Poker

bet365 Poker
bet365 is one of the world’s largest online gambling groups with over 3 million customers worldwide....

Play Now

Poker Plex 24

Poker Plex 24
As part of the award winning iPoker network, PokerPlex24 is able to provide over $16 million in guaranteed tournaments every month...

Play Now

888 Poker

888 Poker
All new players get $8 FREE - No deposit necessary! ...

Play Now

Titan Poker

Titan Poker
Titan Poker is a top poker room in the iPoker network, and has a great international feel...

Play Now

Cool Hand Poker

Cool Hand Poker
Cool Hand Poker is the site to visit if you want to play a relaxed and enjoyable game of poker...

Play Now

Full Tilt Poker

Full Tilt Poker
Full Tilt Poker is still open to US players and one of the few authentic poker rooms out there...

Play Now

Party Poker

Party Poker
Party Poker opened in 2001 and is credited by many as playing a large role in the creation of the online poker boom...

Play Now