Thought to be the answer to the departure of the leading online casino
payment solution, Neteller, the aptly name YouTeller has hit another roadblock
no that Neteller themselves are claiming their registered trademark name is
being infringed upon.
Launched shortly after Neteller pulled out of the U.S. facing online gambling
industry, YouTeller has had a rough time getting started. Beginning with an
erroneous report that YouTeller had falsely claimed they had received a small
e-money certificate from the UK Financial Services Authority, now the startup
company could be facing a legitimate legal dilemma.
Lawyers for Neteller have already drawn up a cease and desist order demanding
that YouTeller change their name. Today marks the last day of the window in
which the order has given YouTeller time to respond and inform lawyers of their
intentions to immediately comply with the cease and desist order. If not, the
case will likely go to court.
YouTeller probably would not be such a threat to Neteller if the current
circumstances facing the industry were the way things were before the passing of
the Unlawful Internet Gambling Enforcement Act. However, considering Neteller is
facing a battle of their own with the U.S. Department of Justice, lawyers are
worried Seed Capital's use of the YouTeller brand will confuse U.S. online
casino gamblers and consequently draw more negative attention to Neteller.
The Director of YouTeller, Florian Schweitzer, has asked everyone to remain
patient while the situation is sorted out. Schweitzer made it clear that being a
small e-money certificate holder, YouTeller account holders will only be able to
deposit up to $190 at a time. While that is not "good" news to online casino
gamblers, the presence of YouTeller will certainly be better nothing...if only
Neteller will cooperate.