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Old 09-19-2006, 07:07 PM  
spunkmaster
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Join Date: Jan 2004
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Quote:
Originally Posted by Platinum Lantern
Thats been Visa's policy since about 01-02.....
they stay away from gambling transactions because of the HIGH rate of fraud on both sides of the fence.

No that's not why.

Some dumb fuck lady in California sued them for 5 million and the court ruled against Visa. It went to the fucked up 9th federal court of appeals and they ruled against Visa.

The lady lost a million or so and blamed visa for letting her gamble.

It was because of this Visa and the rest started coding their cards so
they couldn't be used to gamble.
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