US fined 100 billion dollars over internet gambling ban
Talk about a total waste of money the U.S. is forced to pay.
Is there any hope at all left at all for us or is it still just a pipe dream?
US fined 100 billion dollars over internet gambling ban
Posted Oct 14, 2007 at 01:55PM
by Sally B. Listed in: News
online gambling Angered over the US ban on internet gaming, several World Trade Organization (WTO) members are seeking compensation by placing a whopping US$ 100 billion fine on the US, saying that the internet ban is discriminatory against European gaming operators.
It should be noted that the US government excluded the gambling industry from the free trade agreement, after WTO ruled against the country's ban on online gambling operators from Antigua.
"The US decision is a major threat to a rules-based international trading system," Nao Matsukata, former policy planning director from the US Trade Representative office said. He continued that the internet gambling ban marred the US's credibility in the trade industry.
Will this mean that there will be a chance that US will lift the online gambling ban? Do stay tuned.
Is there any hope at all left at all for us or is it still just a pipe dream?
US fined 100 billion dollars over internet gambling ban
Posted Oct 14, 2007 at 01:55PM
by Sally B. Listed in: News
online gambling Angered over the US ban on internet gaming, several World Trade Organization (WTO) members are seeking compensation by placing a whopping US$ 100 billion fine on the US, saying that the internet ban is discriminatory against European gaming operators.
It should be noted that the US government excluded the gambling industry from the free trade agreement, after WTO ruled against the country's ban on online gambling operators from Antigua.
"The US decision is a major threat to a rules-based international trading system," Nao Matsukata, former policy planning director from the US Trade Representative office said. He continued that the internet gambling ban marred the US's credibility in the trade industry.
Will this mean that there will be a chance that US will lift the online gambling ban? Do stay tuned.