Neteller has been around the e-currency industry for close to two decades now, having begun its operations in 2009. It was an early entrant into the online gaming world, with 85% of the entire world's online gaming companies using Neteller to process payments, from as early as 2000. The platform remains popular to date.
The Caribbean islands known as the Cayman Islands are well known as a significant offshore world financial haven for wealthy individuals and international businesses. Live online gambling is illegal in the Cayman Islands, but locals and visitors have access to international offshore sites such as Red Stag Casino, Genesis Casino and Slotty Vegas.