Payment Solutions Payment Processing News

Global Cash Access completes acquisition of Certegy Gaming Services
2 Apr 2008

GCA acquired all of CGS's issued shares of stock for a purchase price of $25 million.

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Scientific Games signs Italian contract
29 Feb 2008

Scientific Games has signed a contract to provide 25,000 "next generation" Leonardo/WAVE terminals to Sisal S.p.A., a leading gaming company in Italy.

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Global Cash Access buys gaming company
28 Feb 2008

Fidelity National Information Services, Inc. reports the sale of Certegy Gaming Services to Global Cash Access.

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NETeller buys minority stake in Centricom
16 Aug 2007

NETeller completed its acquisition of a key stake in Australian payment processor Centricom this week. The $4 million deal gives NETeller a seat on the board and significant foothold in Australia and the Asian Pacific markets.

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NETeller revenue drops 54%
25 Jul 2007

NETeller revenue has declined 54% as a result of its withdrawal from the North American market, the company announced today.

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NETeller strikes deal; will return U.S. money
18 Jul 2007

Financial payment process NETeller will pay $136 million to the U.S. government and admit criminal wrongdoing in the processing American gambling transactions as part of deal reached with U.S. prosecutors, the company announced today.

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Second NETeller co-founder pleads guilty
10 Jul 2007

NETeller co-founder John Lefebvre pleaded guilty Tuesday to a conspiracy charge related to the processing of millions of dollars in gambling transactions, according to Reuters.

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NETeller founder pleads guilty in gambling case
2 Jul 2007

International News Brief: A founder of payment processor NETeller pleaded guilty on Friday to a conspiracy charge over the handling of billions of dollars in illegal gambling proceeds.

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Online gambling in the news
17 May 2007

Casino City regularly scans every corner of the Internet searching for the best insight and articles related to online gambling. We bring them to you here.

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NETeller cuts off Canadian, Turkish markets
26 Mar 2007

NETeller will no longer allow Canadian or Turkish account holders to do business with Internet gambling companies the company announced in a press release today.

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NETELLER moves to return U.S. funds
21 Mar 2007

NETELLER signed an agreement with the United States Attorney's Office for the Southern District of New York yesterday which outlines the terms and timeline for which it will return funds to U.S. customers.

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NETeller hearing scheduled for Friday
14 Mar 2007

NETeller co-founders Stephen Lawrence and John LeFebvre are scheduled to appear in court on Friday, but that doesn’t mean a hearing will take place, said Rebekah Carmichael, a spokesperson for the Southern District of New York U.S. Attorney’s office.

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NETeller plans 250 layoffs
16 Feb 2007

NETeller plans to layoff more than 250 employees worldwide as part of a reorganization following its recent withdrawal from the U.S. marketplace, according to a press release issued Friday.

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NETeller explains U.S. withdrawal delay
8 Feb 2007

NETeller is unable to pay U.S. customer withdrawals because American banks have refused to do business with one or more of the e-wallet's U.S. based automatic clearinghouses, according to a NETeller press release issued Thursday morning.

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Report: FBI freezes U.S. NETeller funds
7 Feb 2007

FBI officials have frozen an undisclosed amount U.S. NETeller customer funds to be used as evidence, according to a USA TODAY report.

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