
Originally Posted by
curious
Okay, some of the crackheads on here are arguing with me over this WTO thing, saying that I "don't have your facts straight". So, I did some reading today and I am totally disgusted at the misinformation these people are spreading on here. I won't name them, they are very vocal about this WTO ruling, you know who they are.
They leave out a few minor details.
1) The original ruling applies to horse racing only.
2) The argument that was made that the US only allows US companies to accept wagers on horse racing is sort of true but misleading. All of the internet companies that are licensed in the US to take bets on horse racing operate just like any off track betting establishment and they WIRE THE BETS TO THE POOLS AT THE TRACK, they make their money by taking a commission on the bets they wire in. Oh.
3) The offshore bookmakers were not going to operate as offtrack betting establishments and were NOT going to wire the bets to the betting pools at the track. The horse racing tracks provide jobs for thousands, if not tens of thousands of people and the main reason that Congress objects to allowing these offshore bookmakers to operate legally in the US in the horse racing wagering arena is due to this fact that there would be no way to enforce the rule that they have to wire the bets to the betting pools at the track. Oh.
The reason that the US won't pay Antigua is because the ruling is completely unfair because these facts were not considered in the ruling.
So, these crackheads on here are lobbying that the US government should damage the horse racing industry in this country by allowing offshore companies to take bets on US horse racing from Americans and then not wire the bets to the betting pools at the track. Nice.
I knew there was something not right about this situation.