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Posted by Rachel Stevens (207.44.228.112) on 18:53:40 28/03/06
NETeller, ycvbrt which has grown fast alongside the rapid rise in online gambling, said pre-tax profit customer sign-ups rose to 2.35 million at end-2005 from 1.25 million the year before, helping lift earnings per share to 76 cents from 37 cents in 2004.
NETeller casino said online gaming, which accounted for more than 80 percent of money transfers last year, was still growing strongly as it predicted further "impressive" growth for 2006, particularly in Asia.
NETeller Chief Executive Ron Martin told Reuters his firm was not overly concerned about the uncertain regulatory outlook for online gaming in the NETeller United States, where it gets much of its business.
Earlier this month, U.S. s and electronic funds transfers in illegal gambling transactions, a move that could spell trouble for firms like NETeller casino.
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