WTO slams U.S. Net-gambling ban

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  • paxton
    Confirmed User
    • May 2002
    • 1156

    #1

    WTO slams U.S. Net-gambling ban

    The U.S. government's current attempts to outlaw Internet gambling on Web sites based offshore violate international trade rules, the World Trade Organization said on Thursday.

    A WTO appeals board sided with the small island nations of Antigua and Barbuda, home to gambling Web sites that provide local jobs, and upheld an earlier decision by a WTO dispute resolution panel.

    "This is a country-specific ruling," Mark Mendel, an attorney for Antigua, said in a statement. "But it may have far-reaching implications."

    The U.S., however, claimed a modest victory on Thursday. If domestic laws are rewritten, the ruling provides sufficient leeway for federal gambling prohibitions to stand, said Peter Allgeier, the acting U.S. Trade Representative.

    Depending on what happens next, search engines may begin to accept ads for offshore casinos, and Visa and Mastercard could be permitted to process international gaming-related transactions.

    The ruling could lead to trade sanctions being imposed on the United States, if Congress does not change decades-old laws designed to regulate gambling through interstate telephone wires.

    Click here for a PDF of the ruling.


    Source: http://news.zdnet.com/2100-9588_22-5658636.html

    This will have wide reaching effects for the online gambling industry. And is promising for casino/poker/wagering domain owners and affiliates.

    Contact ICQ: 159141828
  • xclusive
    Too lazy to set a custom title
    • Apr 2004
    • 35218

    #2
    Awesome news I like to play once in awhile

    I support MediumPimpin.com / Shemp's Outlawtgp.com /


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    • Veterans Day
      Confirmed User
      • Jul 2003
      • 8403

      #3
      3rd party money transfer companies like neteller will be hurt if someone can just use their visa now instead of that bullshit, transfer here transfer there nonsense
      Build a Massive Traffic Network, Hands FREE, Totally Automated

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      • hydro
        Confirmed User
        • Dec 2003
        • 4216

        #4
        Kicks ass

        Comment

        • BRISK
          Too lazy to set a custom title
          • Feb 2003
          • 12240

          #5
          Interesting
          I post on GFY so that when people ask me what I do,
          I can tell them that I work with the mentally retarded.

          Comment

          • paxton
            Confirmed User
            • May 2002
            • 1156

            #6
            Originally posted by hydro
            Kicks ass

            Yup it's good news.

            Contact ICQ: 159141828

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