“We are staying in the US,” said Bruce Elliot, the company’s vice president of marketing and sales, at a conference in Barcelona. He added: “I dont think we have a big problem.”

The remarks were a welcome note of optimism in the gloomy aftermath of the recent passage of the anti-gambling bill, which has already caused PartyGaming, Sportingbet and 888 to pull out of the US market, wiping millions off their share prices.

NETeller has over 2 million customers, and derives over 85 percent of its income from the US and Canada. The news that it will reamin in the US will be of great consequence to the the millions of Americans who rely on their service.