Don't know about strictly regulated, but I play with them. I have never had any withdrawal problems. A couple people that I am aware of have had problems. They usuually involved a credit card, so fund with Neteller if you can.
If you do run into problem they have ad deals with a couple of the other big offshore sites, so you can always go to them to resolve problems. They have been helpful in the past in getting problems solved for players.
I don't know about this coming year, but in the past they offered (me at least) 1k on NFL sides.