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Royal Bank of Scotland vs. online gambling operators
May 20, 2009, 8:14 am (2 years ago)According to E-Gaming Review exclusive report, the UK’s Royal Bank of Scotland has suggested its online gambling clients that they should look for a different bank to service transactions from the Netherlands and Switzerland eventually.
A Royal Bank of ScotIand International spokesperson verified the conclusion to EGR and stated that it followed a review “….to comprise changes in the legal and regulatory systems in the countries in which we operate”. The spokesman contradicted that the decision was a result of joining Dutch banking giant ABN AMRO, the Dutch retail operations of which fall under the control of the government of the Netherlands.
Dutch banks lately was facing a lot of pressure from the government to stop the progress of online gambling financial transactions in a independent move which has caused a European Commission investigation and a private authorized action by betting group Betfair.
Automatic Translation
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